Counterpoint Research's latest report reveals smartwatch shipments fell 7% YoY in 2024, but one brand saw immense growth.
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For the first time ever, global smartwatch shipments declined in 2024, with Apple experiencing its sharpest downturn yet.
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The global smartwatch market shrunk for the first time ever in 2024. Apple retained its lead, but it came at the cost of slumping sales and rising competition.