Huawei grabs second spot in Q2 2024 global kids smartwatch ranking leaves behind Xiaomi

Huawei has achieved great success in the kids smartwatch segment. Counterpoint It has been said in the report that the company has come at number two in the global market of kids smartwatch in the second quarter of 2024. In the children’s wearable segment, the company has captured a market share of 11% globally. Therefore, the company’s hold in the global wearable market is continuously becoming stronger.

Huawei kids wearables are strengthening their place in the global market. IDC It was said in the report that the company remained on top in the respective rankings in the second quarter of this year. Now another report (via) has surfaced, which says Huawei has secured the second rank in the global kids smartwatch market in Q2 2024. The company’s market share is 11 percent.

The good news for Huawei is that the company has maintained its place among the top 3 brands in the list. Counterpoint says that the kids wearable market is still not fully developed. There is still a lot of scope left in this. Therefore, with the growth of the market, other tech giants will also try their hand in it, due to which competition may increase in the future.

Talking about other companies making kids wearables, BBK (Imoo) remains at number 1. The company’s market share is 48 percent. Whereas, Xiaomi is at number three in this list. Xiaomi’s share in the kids wearable market is 4%. After this, players like Honor, boAt, Noise, Fitbit are competing in the remaining 38% share.

Overall, at present only Chinese tech companies are leading the global kids smartwatch market. Their market share is 64%. However, this is less than last year’s 72% market share. Global kids smartwatch shipments have registered a growth of 4% on year on year basis in the second quarter of 2024. Here it is seen that the market is continuously growing.