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posted on 26 February 2016

Smartwatches Push Past Swiss Watches For The First Time

by Felix Richter, Statista.com

Despite the impression that the smartwatch hype has died down a bit since reaching its apex in Apple's introduction of the Apple Watch in early 2015, the industry just passed a notable milestone.

According to a new report by Strategy Analytics, global smartwatch shipments surpassed Swiss watch shipments for the first time. Worldwide smartphone shipments amounted to 8.1 million, just beating the Swiss watch industry's total of 7.9 million.

While most of the world's watches may come from China these days, Swiss watches are still the gold standard in terms of quality and consumer appeal. The Swiss watch industry has been hesitant to jump on the smartwatch bandwagon, accounting for just 1 percent of smartwatch shipments worldwide.

This chart compares worldwide smartwatch shipments to Swiss watch shipments in Q4 2015.

Infographic: Smartwatches Push Past Swiss Watches for the First Time | Statista

You will find more statistics at Statista.

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