The smart health connected watch market has had a very good Q1 2019

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The smart health connected watch market recorded a good progression in the first quarter of 2019. A result acquired thanks to the vitality of important players.

The smart health connected watch market is doing well. According to a report by Counterpointpublished on May 2, 2019, it increased 48% in the first quarter of 2019 compared to the same period last year. Growth continues to be driven by Apple, the undisputed leader in the sector. But behind, things get busy with the explosion of Samsung, Fitbit and Huawei.

Competitors who rebel

The figures released by Counterpoint show that only nine brands share 75% of smart health connected watch sales around the world. With more than a third of market share (35.8%), Apple remains far ahead of the competition. The Cupertino company is even offering a 0.3 point increase in a market that has grown. This represents a growth of 49% over last year. The leader of this success is the Apple Watch Series 4 and its coveted ECG feature. Behind, the second place is occupied by Samsung. The South Korean group recorded a spectacular increase of 127% compared to 2018, from 7.2% of market share to 11.1% in the first quarter of 2019. "This progression is due to the new range of Galaxy Watch, the best alternative of the Apple Watch on Android"says Satyakit Sinha, an analyst at Counterpoint.

In third place, we find imoo, a Chinese company owned by BBK Electronics (Oppo, Vivo, OnePlus) and specialized in smart health connected watches for children. The company, very popular in Asia, fell 3.6 points from 12.8% to 9.2% market share in the first quarter of 2019. Finally, Fitbit takes 1.8 points while Huawei garners almost 3 points thanks to his Watch GT.

Touching a word about the future of this market, Brady Wong, one of the leaders of Counterpoint, ensures that it is on the side of foldable screens. "They arrive on smart health connected watcheshe says. We already see the appearance of Nubia Alpha, with its design halfway between the smartphone and the smartwatch. But this new format must still improve and become less bulky. We believe that flexible screen smart health connected watches will be popular in 2025. "

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