Apple, Xiaomi Lead TWS Section Shipments in Q3 2020: Counterpoint

Smartwatches and true wi-fi stereo (TWS) earbuds are reported to have spearheaded the expansion of the wearable section in 2020, new Counterpoint Analysis document suggests. In Q3 2020, the document means that Apple used to be accountable for 29 % shipments of TWS merchandise and 28 % of smartwatch shipments. The overall earwear section raked in 52 % of wearable cargo proportion in Q3 2020, while 41 % used to be held via smartwatches. Mixed, they accounted for 93 % of the whole marketplace in Q3 2020.

The brand new analysis document from Counterpoint Analysis gives main points on wearable shipments in Q3 2020. The document says that the TWS section used to be the biggest driving force of expansion in 2020, and Apple accounted for probably the most gross sales in Q3 2020. As discussed, it raked in 29 % of TWS shipments proportion in Q3 2020, adopted via Xiaomi that liked 13 % marketplace proportion within the quarter.

Samsung and JBL each have been accountable for 5 % TWS shipments in Q3 2020, and Realme used to be additionally part of the highest 10 TWS checklist along Sony with 2 % marketplace proportion. “Development on sturdy hearables momentum, fresh access into smartwatches and power in on-line, Realme may repeat its smartphone luck to turn out to be 2021’s darkish horse in wearables,” commented Counterpoint Analysis senior analyst Liz Lee. Different producers within the most sensible 10 TWS cargo checklist in Q3 2020 come with Jabra, JLab, QCY, and Edifier.

The document predicts that the yearly TWS shipments are anticipated to develop 83 % to 238 million devices, whilst smartwatches will climate subdued class spending to extend two % to tip the 100-million mark. Counterpoint sees large doable in price range choices and notes that part of the highest 10 TWS producers in Q3 2020 have been price range manufacturers with sub-$50 or even sub-$20 choices. Xiaomi turns out to have observed probably the most luck with this technique and took the quantity two spot in Q3 2020.

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