2021 Q1: Zepp Health Ranked in the Top 4 in Global Adult Smartwatch Shipments
PR89855
SHENZHEN, China, June 1, 2021 /PRNewswire=KYODO JBN/ --
- With Global Year-on-Year Growth of 68.8%, Zepp Health Is the Market Leader in
Brazil, Russia and Spain.
Zepp Health (NYSE: ZEPP) with self-owned brands Zepp and Amazfit, ranked the
Top 4 in terms of global adult smartwatch shipments[1] in the first quarter of
2021, according to data from the International Data Corporation (IDC) on the
global wearable device market. Zepp Health sold over 1.65 million Zepp and
Amazfit smartwatches in the first quarter, representing year-on-year growth of
68.8% in global unit sales – the highest growth among the top adult smartwatch
brands.
Despite ongoing challenging market conditions that have impacted the consumer
electronics industry worldwide, Zepp Health sales remained robust. Zepp Health
ranked No.1 by shipments for adult smartwatches in Brazil (40.9%), Russia
(28.9%) and Spain (23.5%). It also ranked No. 2 in Italy, No. 3 in Poland; and
No. 4 in Germany, India, Indonesia and Thailand for shipments of adult
wearables. Besides, Zepp Health is ranked No. 6 in Mexico, US, France and the
UK markets.
Sales momentum was driven by their established popular Amazfit Fashion and
Lifestyle wearables such as the Amazfit GTR 2 and GTS 2 series of smartwatches
and the Outdoor Sports series including the Amazfit T-Rex.
The Amazfit brand has also been raising its profile by expanding its worldwide
sponsorship portfolio of adventurous outdoor sports. Celebrating the Amazfit
T-Rex Pro release in March 2021, the brand sponsored three challenging
competitions that embody the watch's spirit: Explore Your Instinct. Earlier
this year, it announced a partnership with Spartan, the world's leading
endurance sports and wellness brand and Amazfit will activate at a selection of
Spartan events across the world this season. Amazfit has also sponsored the
ESOK Rally in Eskişehir, Turkey and the All-Russian Zavidovo SUP Challenge
– one of the top five SUP competitions globally.
[1] According to data from the International Data Corporation (IDC) Worldwide
Quarterly Wearable Device Tracker
About Amazfit
Established in September 2015, Amazfit offers several series of smart watches
and bands from daily to outdoor sport use, as well as other smart hardware
related to sports and health, including TWS sports earbuds, smart treadmills,
smart body composition scales and sports gear. With a complete line of products
which offer an outstanding user-experience, Amazfit maximizes its ability to
satisfy the needs of different consumer groups.
With outstanding design and craftsmanship, Amazfit smartwatch products have won
many awards, such as the German iF Industrial Design Award and the Red Dot
Design Award.
Currently, Amazfit products hit the markets of more than 90 countries and
regions, including the United States, Germany, and Japan. According to an IDC
global wearable device market tracking report, in the year of 2020, Amazfit
smartwatch shipments ranked 1st in Spain and Indonesia, 2nd in Brazil and
Italy, 3rd in Russia, India and Thailand, 4th in Poland, 5th in Germany, and
were also among the top products in other countries and regions.
About Zepp Health, formerly Huami Corporation
Zepp Health's mission is to connect health with technology. Since its inception
in 2013, the company has developed a platform of proprietary technology
including AI chips, biometric sensors, and data algorithms, which drive a
broadening line of smart health products for consumers, and analytics services
for industry. In 2019, the company shipped 36.6 million units of smart watches
and fitness bands, including its own Amazfit brand, and products developed and
manufactured for Xiaomi, comprising 23% of global category shipments. The
company is headquartered in Hefei, China, with U.S. operations, Zepp USA, based
in Cupertino, Calif. For more information, please visit
https://ir.zepp.com/investor/pages/company-profile.
For Media Inquiry
media.enquiry@zepp.com
SOURCE Amazfit
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Caption: Zepp Health ranked No.1 by shipments for adult smartwatches in Brazil, Russia
and Spain.
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