For the first time, the worldwide smartwatch market saw a year-over-year decline of 32%, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
According to the IDC’s media announcement, smartwatch vendors shipped 3.5 million units in the second quarter of 2016. That’s down substantially from the 5.1 million shipped a year ago.
As for the market leaders, Apple held the top rank by shipping 1.6 million watches. “However, it was the only vendor among the top 5 to experience an annual decline in shipments,” IDC says.