Worldwide wearable band shipments dropped to four percent to 41.7 million units in Q1 2022, as per the estimate of Canalys. At the same time, the shift from bands to watches continues. Wristwatches, consisting of basic watches and smartwatches, accounted for 76.6% of all wearable band shipments in the quarter, growth of 15% to 32.0 million units. Basic bands suffered a 37% decline, a sixth consecutive fall since Q4 2020. Basic band shipments dipped below 10 million for the first time after peaking at 27.9 million in Q4 2019. The increase in watch shipments helped offset the basic band drop but still resulted in a decline in the overall wearable band market. The rise of basic watches accelerated the shift from bands to watches. Basic watches run rudimentary real-time operating systems but lack support for third-party apps, as opposed to smartwatches, which run fully-fledged operating systems with third-party app support. “Consumers are favoring watches over bands. With bigger displays, richer features and longer battery life, they believe watches are better able to fulfill their health-tracking and digital lifestyle needs. “Basic watches are positioned as an affordable step-up from basic bands, suitable for price-conscious consumers with growing expectations as to what wearables can do.”

The consumer survey report states that, the survey conducted in April 2022, out of 4,000 respondents from four Western European markets, 34% said they intended to buy a smartwatch in the next 12 months, against 17% who would choose a fitness band. Smartwatches stood out as the most popular companion device to smartphones for Western European consumers. The future consumer demand will shift away from basic bands to watches, potentially affecting vendors such as Xiaomi and Fitbit, which are still shipping basic bands in significant numbers. Apple maintained its lead in the wristwatch segment, driven by strong demand for the Watch Series 7. “Despite growing 53%, Samsung was bea.