Decline in Apple’s Sales Took Smartwatch Market Down

Whenever anyone is talking about Tech World or Smart World (In Now Days) then the talk cannot be completed without having Apple’s name in it. Apple really has a huge impact over the Smart Market. It is shown in recent days as decline in Apple’s Smart Watch sale took the whole Smart Watch Market in downwards direction. A recent survey tells that in the second quarter of this year Smart Watch market is declined just along with the tumble in Apple’s Sale.

Highlights of the Survey :

• Decline in the Smart Watch Market.

• Apple’s Smart Watch sale decline plays a huge role in this decline of Smart Watch Market.

• The decline in sale of Smart Watch Worldwide is 32% from the last year.

A Global Research Company “IDC” has recently conducted a survey which was covering the sale of Smart Watches across all over the world. The result of survey says that the total sale of Smart Watches as compared with the last year sale has got a decline of 32%. Survey Shows that Samsung got 51% increment in sales and has grown its market share up to 16%, Lenovo has 9% market share, LG has 8% market share and Garmin has 4% market share.

The amazing fact which came out by this survey is that Apple’s sale got a decline of around 50% worldwide and this make the whole market to go in downward direction. Still after the decline, Apple has around 47% shares in this Smart Watch market which shows that if you are talking about decline in Smart Watch Market then Apple has the biggest role in decline or increment of the Smart Watch Market.

This Decline or Increment fact can be judged by other things of the survey. Survey reports says that Samsung, Lenovo, LG, Garmin and other have got an increment in sales but the total Smart Watch market is declined which means only effect of Apple’s decline is very big over the increment in sale of other brands.

Ramon Llamas (IDC Analyst) said that most of the customers are waiting for Apple’s new device which means they are not buying the products now and this brings the decline in Apple’s sale as well as the Smart Watch Sale. Jitesh Ubrani from IDC said that Apple still has largest share in market and decline for Apple will bring the whole market down.