According to the latest statistics of canalys, in the first quarter of 2022, the global shipments of wearable wristband devices fell by 4% to 41.7 million. At the same time, the transformation of the market from wristband bracelet to wristband watch continues. Wristband watches (including basic watches and smart watches) accounted for 76.6% of all wearable wristband device shipments in the quarter, up 15% to 32million.
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Canalys said that after the first five quarters, the shipment of basic bracelets fell for the sixth time, down 37%. After the shipment volume reached 27.9 million in the fourth quarter of 2019, the shipment volume of basic bracelets fell all the way, which was the first time that it fell below 10million. Although the increase in the shipment of wristband watches helps to offset the decline of basic wristbands, it is still unable to avoid the downward trend of the entire wearable belt device market.
Thanks to the strong market demand for the watch series 7, Apple It remains a leader in the wristband watch field. Cynthia Chen, analyst at canalys, said: "despite the 53% increase, Samsung was defeated by Huawei and ranked third. Although the equipment portfolio of wristbands, bracelets and watches has improved, Huawei's shipments are still declining with the reduction of smart phone business. Xiaomi surpassed Garmin and ranked fourth because of the increasing global supply of MI and redmi basic watches.