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IDC: wearables market grew in Q3 thanks to hearables

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Ivan 07 December 2021

Apple Samsung Smart wearables

IDC's report on the wearables market in Q3 of 2021 shows a near 10% increase over the same period last year.

The growth was mainly down to hearables (headphones and earbuds), which grew 26.5% to capture nearly 65% of the market in Q3. Wrist-worn wearables followed with 34.7%.

But according to IDC's numbers, demand is slowly shifting from wristbands to watches. Consumers are reportedly looking for more capable devices, and watches have gotten closer in price to bands.

IDC: wearables grew in Q3, hearables saw a rise of 26.5% over last year

Apple held its number one spot, despite having to push the Watch Series 7 to Q4 due to supply issues. Its overall shares declined by 3.6%, but were kept solid by AirPods and Beats sales. Still, Apple grabbed over 53% of the dollar value for the entire market in Q3.

Samsung tied Xiaomi for second place with 12.7m shipments in Q3 - a 13.8% increase YoY. This is due to strong Galaxy Watch4 sales. Xiaomi's market position worsened by nearly 24% over last year, due to its reliance on bands.

Finally, Indian brand Imagine Marketing, which sells BoAt devices, found itself in the top 5, thanks to its strong marketing and affordable products.

IDC: wearables grew in Q3, hearables saw a rise of 26.5% over last year

Source

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Reader comments

T
  • TheOthers
  • fIN
  • 14 Dec 2021

OTHERS refers to misc tech accessories that are too small to get their own categories. This would include things such as GPS trackers, Bluetooth keychains, eye-wear tech...

  • Reply
p
  • pt020
  • ncr
  • 10 Dec 2021

Wear smart watches since 2008 (Sony Ericsson MBW-100) and never had a band.

  • Reply
?
  • Anonymous
  • nIL
  • 08 Dec 2021

Great graph - main point is the massive increase the "others" category :-/

  • Reply
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Total reader comments: 3

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