According to a new report by IDC China, the Chinese multinational tech company Huawei leads the global wearable market for the first quarter of this year (January to March).
Huawei captured 21.9% of the market share with 10 million sales in Q1 2025, indicating a 42.4% increase compared to last year’s 17%. Some of Huawei’s popular wearable models include the Watch GT 5, Fit 3, and Ultimate models.
Xiaomi follows Huawei as another Chinese multinational tech company, capturing 19% of the market share with 8.7 million shipments for the quarter. Last year, they shipped only 6.1 million products, which represented a 14.7% market share.
In third place is the US-based tech company Apple, with 7 million shipments and 15.5% market share. Similarly, they grew compared to last year’s Q1 performance by 37.2% and 12.5% market share.
Completing the top five is Samsung at fourth with 7.5% market share from its 3.4 million sold units, which saw a decline of 5.7% compared to Q1 2024, and Garmin with 2.1 million shipments and 4.7% market share.
These leading companies by market share have already captured nearly 70% of the overall wearables market.
In Q1 2025, the global wearables market shipped 45.6 million units, marking a 10.5% improvement year over year, with China accounting for 17.62 million units, an increase of 37.6%.