Global smartwatch sales fall over 50% in 1 year
According to a report by market research company IDC, global shipments of smartwatches have fallen from 5.6 million units in Q3 2015 to 2.7 million units in Q3 2016, registering a decline of 51.6%. Apple continues to hold the largest market share with 41.3%, followed by Garmin and Samsung with 20.5% and 14.4% respectively.