In May 2022, the TOP10 smartwatch solution manufacturers shipped 7.55 million sets in total.

 

Specific shipments, the TOP2 manufacturers shipped more than one million sets, respectively, the magic sample, Jiaqi.

 

And TOP3-TOP10, manufacturers shipped less than one million sets, each manufacturer shipments decreasing, in addition to microk, Utron billion more than 500,000 sets, the rest of the manufacturers are less than 500,000 sets, the difference between each other is very small, the competition is intense obviously.

 

 

In terms of market share, the market share of TOP2 manufacturers are more than 20%, accounting for 57% of the total.

 

For the TOP3-TOP10, except for Micronix and Utronix with a market share of 9%, the rest of the vendors have a market share between 3% and 5%, and the difference in market share between them is small.

 

Overall, the smartwatch solution market is not a dominant situation, the TOP4 vendors dominate the market, with a concentration of 75%, and the rest of the vendors have a small market space and greater competition. In addition, watch solution providers still ship terminal mainly white label, brand share is still very small, because the smart watch market is still not fully open, the long-term watch solution providers will still have a large market and survival space.