As per the latest research from strategy analytics, the global smart watch shipments of Apple has grown by 1 percent annually to hit the major record of 8.2 million units in the 4th quarter of the year 2016. The growth of apple watch drove and got dominated with 63 percent in global smart watch share of market and Samsung still continues to hold its second position.
Neil Mawston, the Executive Director at Strategy Analytics stated on the issue by saying – the global shipments have grown by 1 percent annually from the pre-existing 8.1 million units in quarter 4 in 2015 to 8.2 million in quarter 4 in 2016. The market shows a marked growth in the fourth quarter for growth in smart watches industry after the past two consecutive quarters for declining volumes. The smart watch growth is also seen to be recovering ever so slightly due to new product launches from other company giants. Moreover, there is a seasonal demand for these gadgets, and a giant such as Apple is launching stringer demand in the major developed markets in the US and UK. Hence, the international smart watch shipments grew by 1 percent annually; from the previously existing 20.8 million in full-year 2015 to a record high of 21.1 million in 2016.