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AI Smartwatch Market Skyrockets, Shipments Up 70% in Q1
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Technology

AI Smartwatch Market Skyrockets, Shipments Up 70% in Q1

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News Documents & data Context piece
  • The market for smartwatches capable of performing AI computations directly on the device is experiencing rapid growth.
  • In the first quarter of this year, shipments of these 'edge AI' smartwatches increased by 70% compared to the same period last year.
  • Apple dominates this segment, accounting for approximately 90% of all edge AI smartwatch shipments in the first quarter.

The market for smartwatches equipped with on-device artificial intelligence processing is surging, signaling a significant shift in wearable technology. These 'edge AI' smartwatches, which perform AI computations locally rather than relying on cloud servers, have seen a dramatic increase in demand.

Global market research firm Counterpoint reported that shipments of edge AI smartwatches grew by an impressive 70% in the first quarter of this year when compared to the same period in 2023. This rapid expansion has led edge AI smartwatches to capture a substantial 25% share of the overall smartwatch market.

Apple has emerged as the clear leader in this burgeoning sector. The company's devices accounted for approximately 90% of all edge AI smartwatch shipments during the first quarter, underscoring its dominant position in integrating advanced AI capabilities into consumer wearables.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.