Wearable shipments for the complete 12 months 2022 had been down 7.7% in comparison with 2021, marking the primary 12 months of decline for the class resulting from difficult macroeconomic circumstances and tough comparisons to the sturdy outcomes of 2021, in line with IDC. Regardless of the downturn, general shipments of 492.1 million models in 2022 had been nicely above 2020 and 2019 ranges.
Apple bought 46.6 million Apple Watches within the fourth quarter of 2022 for 33.6% market share. This in comparison with gross sales/market share of 59.7 million/34.9% within the fourth quarter of 2021 for an annual gross sales drop of 21.9%.
Each geographic area besides Asia/Pacific (excluding Japan and China) (APeJC) and the Center East and Africa (MEA) skilled a year-over-year decline in wearable shipments for the complete 12 months 2022. APeJC and MEA, like many rising markets inside the areas, stay underpenetrated and have but to face the intense ranges of inflation that different markets have noticed.
IDC says that, among the many varied product sorts, smartwatches grew 9.4% throughout 2022, reaching an all-time excessive of 148.6 million models with Apple within the lead. Huawei and Samsung captured the second and third positions within the smartwatch sub-market whereas India’s Nexxbase and Hearth-Boltt rounded out the worldwide prime 5.
Hearables, the biggest class of wearables, declined nearly 10% as 2021 supplied robust year-over-year comparisons whereas wrist bands, the third largest class, additionally continued to see shipments decline resulting from competitors from smartwatches, in line with IDC.
Apple bought 146.3 million AirPod gadgets within the fourth quarter of 2022 for 29.7% market share. This in comparison with gross sales/market share of 161.8 million/30.9% within the fourth quarter of 2021 for an annual gross sales drop of 9.6%.
