Huawei solidifies its leadership in the smart watch market – Apple grows 14%, Xiaomi plummets 38%

Apple, Garmin, and Huawei dealt with a market-wide decline in smartwatch shipments in the second quarter of 2026. At the same time, Huawei’s equipment shipment share in the global market reached a record level. Counterpoint Research analysts came to this conclusion after studying the smartwatch market. Image source: Apple