Global smartwatch sales fell for the first time in 2024, declining 7 percent over the previous year.
Apple's sales contributed to the decline with a 19 percent year-over-year decrease, mainly due to the absence of rumored models and minimal feature upgrades.
North America and the Indian market were major contributors to the global sales decline, while Samsung and China experienced growth in their smartwatch sales.
The children's smartwatch segment saw growth, driven by parents' concern for their children's safety and the need to stay connected.