After continuous growth, the demand for smartwatch has started decreasing. In 2024, the speed of the Smartwatch industry has a brake and global shipment has seen a 7 percent decline. This is the first time that this industry has seen a decline. However, there is still a demand for smartwatch in China and it has surpassed North America and India to achieve the biggest share in global smartwatch shipments. Why the demand decreased? According to counter point research, there are many reasons for a decline in demand for smartwatch. Theβ¦
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