Apple Watch, AirPods continued to dominate wearables market in Q4 2020

Posted:
in Apple Watch edited March 15
Apple continues to dominate the wearables industry, with both the AirPods and Apple Watch leading industry shipments.

Credit: Andrew O'Hara, AppleInsider
Credit: Andrew O'Hara, AppleInsider


According to new data from research firm IDC, the wearables sector continued to grow in the fourth quarter of 2020. The segment saw a 27.2% increase year-over-year as total shipments hit 153.5 million.

Apple devices accounted for 36% of total wearable industry shipments in that time period. IDC estimates that the Cupertino tech giant shipped 55.6 million wearable devices in Q4 2020, up from 43.7 million in Q4 2019.

The Apple Watch grew 45% year-over-year, the firm says. IDC attributes the strong performance to an expanded lineup that includes the Apple Watch Series 6, Apple Watch SE, and Apple Watch Series 3.

Shipment growth for the "hearables" category -- which includes AirPods, AirPods Pro, and AirPods Max -- slowed down in the fourth quarter compared to the previous two. Despite that, shipments were still up 22% from the fourth quarter of 2019.

Apple still commands a strong lead over its largest rivals in the wearables space, including Xiaomi and Samsung. Xiaomi has 8.8% of the wearables market, while Samsung clocked in with 8.5%. Both companies actually lost market share despite growing shipment numbers.

Although Apple no longer breaks out individual unit shipments or revenue in its earnings call, the company did report that its Wearables, Home, and Accessories segment grew to $12.97 billion in revenue in the December holiday quarter.

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Comments

  • Reply 1 of 3
    BeatsBeats Posts: 1,929member
    Realistically I’d say Apple has anywhere from 60-90% of the market. I can’t believe these low numbers these companies spit out.
    watto_cobra
  • Reply 2 of 3
    lkrupplkrupp Posts: 8,894member
    Beats said:
    Realistically I’d say Apple has anywhere from 60-90% of the market. I can’t believe these low numbers these companies spit out.
    It’s all Magic 8 Ball prognostication. These outfits have no clue what the actual numbers are. They use various information gleaned from supply chain report/rumors, ‘sources’, etc. Then they put it all together and come up with a number. And remember, this is IDC we’re talking about, the same outfit that once claimed as fact that the Windows Phone would overtake the iPhone in sales in short order. So there’s that.

    The really sad thing is that investors and analysts pay big money for these reports and use them to make investment decisions.
    edited March 15 entropysBeatswatto_cobra
  • Reply 3 of 3
    entropysentropys Posts: 2,829member
    lkrupp said:
    Beats said:
    Realistically I’d say Apple has anywhere from 60-90% of the market. I can’t believe these low numbers these companies spit out.
    It’s all Magic 8 Ball prognostication. These outfits have no clue what the actual numbers are. They use various information gleaned from supply chain report/rumors, ‘sources’, etc. Then they put it all together and come up with a number. And remember, this is IDC we’re talking about, the same outfit that once claimed as fact that the Windows Phone would overtake the iPhone in sales in short order. So there’s that.

    The really sad thing is that investors and analysts pay big money for these reports and use them to make investment decisions.
    Hey, MBA weenies need something to justify what they already want to do. Outsider consultants and think tanks are always more credible than the knowledge of a company’s staff. Because the MBA weenie has no knowledge of the actual product and that makes it hard to not look stupid compared with their underlings.
    Beats
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