Only one manufacturer grew shipments in the wearable band market last year

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Only Apple was able to grow shipments last year in the wearable band market as overall shipments declined 5% year-over-year.

which saw shipments drop 46%, 42%, and 35% respectively. Xiaomi delivered 3.6 million units to grab 7.2% of the market. Huawei delivered 3.2 million wearable band devices during the fourth quarter representing a 6.4% market share. Samsung's market share was 5.9% after shipping 2.9 million wearable band units during the final three months of the year.

For all of 2022, 182.8 million wearable bands were shipped, a 5% decline from 2021. Smartwatch shipments rose 3% from 2021 to 2022. Basic watch shipments were up 21%, and basic band shipments were down 39%.

 

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