Samsung Comprises 71% of Global Smart Watch Market in Q1

Big 5

Samsung’s products represented 7 out of 10 smart watches sold in the first quarter of this year.

According to data on the global smart watch market in the first quarter released by research firm Strategy Analytics (SA), Samsung Electronics sold 500,000 units, accounting for 71.4 percent of the total.

Compared to its sales figures (1 million units) and 52.4 percent market share last year, the Korean tech giant’s sway in the market increased greatly.

The smart watch market is expected to grow rapidly from 1.9 million units in 2013 to more than 3 million units in 2014.