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The pandemic turned people’s spending. Instead of a good lunch, he is hungry for a smart watch

The global market for so-called wearable electronics, such as smart watches, fitness bracelets and wireless headphones, grew by 35 percent year on year in the third quarter. Quarterly deliveries of these products thus climbed to 125 million.

The research company IDC informed about it on its website. According to her, the covidu-19 pandemic and the offer of new products contributed to the growth, among other things.

According to IDC, in recent months, consumers have reduced their spending on travel, meals away and other leisure activities and increased spending on consumer electronics, which also benefits the wearable electronics market.

“The double-digit growth rate not only signals strong demand, but also indicates that many people have purchased wearable electronics for the first time,” said IDC analyst Ramon Llamas.



The US company Apple took first place in the global wearable electronics market in the third quarter, with deliveries rising by almost two-fifths to 41.4 million devices. The company benefited from the popularity of its Apple Watch and AirPods headphones, wrote IDC.

Apple’s share of the global wearable electronics market in the third quarter was over 33 percent. The other two places were occupied by the Chinese companies Xiaomi and Huawei, followed by the South Korean competitor Samsung and the American Fitbit.

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