Omdia’s latest data shows that global wearable device shipments will surpass 200 million units in 2025, a 6% increase year-over-year. Xiaomi returns to the top spot for the first time since 2020, holding an 18% market share and becoming the largest wearable device manufacturer worldwide by annual shipments. Apple follows closely behind with 17%, ranking second, while Huawei is third with 16%. Market consolidation is evident. The top five manufacturers also include Samsung (9%) and Garmin (5%), with fierce competition among the top three. (People’s Financial News)
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Institution: Global wearable device shipments will surpass 200 million units in 2025, a 6% year-over-year increase
Omdia’s latest data shows that global wearable device shipments will surpass 200 million units in 2025, a 6% increase year-over-year. Xiaomi returns to the top spot for the first time since 2020, holding an 18% market share and becoming the largest wearable device manufacturer worldwide by annual shipments. Apple follows closely behind with 17%, ranking second, while Huawei is third with 16%. Market consolidation is evident. The top five manufacturers also include Samsung (9%) and Garmin (5%), with fierce competition among the top three. (People’s Financial News)