With little new in the market and an update to the Apple Watch still months away, the smartwatch market dropped by nearly a third last quarter, according to IDC.
Smartwatches still aren’t a thing and the market is already dropping
With little new for Apple Watch or others, the market dropped by nearly a third last quarter.
That’s a big deal considering the market is still in its infancy and the devices are far from ubiquitous. Sales dropped to 3.5 million last quarter, down from 5.1 million a year ago.
Apple still accounted for the lion’s share of the market at 1.6 million watches, but that was down from sales of 3.6 million a year earlier. Samsung, LG, Lenovo and Garmin rounded out the top five sellers.
“Consumers have held off on smartwatch purchases since early 2016 in anticipation of a hardware refresh, and improvements in WatchOS are not expected until later this year, effectively stalling existing Apple Watch sales,” IDC’s Jitesh Ubrani said in a statement.
IDC
This article originally appeared on Recode.net.
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