Is the smartwatch market tanking or on a long, slow climb?
Analysts disagree drastically over the health of the smartwatch market. Some say the market is tanking. Others say there are favorable signs and predict healthy smartwatch shipments and sales in coming years.
In late October, market research firm IDC said smartwatch shipments in the third quarter declined by 51% from the same quarter of 2015. The total shipped in the third quarter was 2.7 million, IDC said.
By comparison, research firm Canalys on Thursday said smartwatch shipments were up 60% for the third quarter of 2016 compared with the same quarter a year ago. That resulted in 6.1 million units shipped in the latest quarter, Canalys said.
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