Apple has reportedly captured over 50% of Australian smartwatch market

Apple has reportedly captured over 50% of Australian smartwatch market

In a report which marks upbeat news for US tech giant Apple, technology analysis firm Telsyte has revealed that the Apple Watch smartwatch currently holds a more than 50 percent share of the smartwatch market in Australia.

According to the Telsyte report, the Apple Watch smartwatch is presently leading the Australian smartwatch market, followed by Samsung's Gear and Fitbit's Blaze smartwatches.

Overall, as per the statistics shard by Telsyte, smartwatch sales accounted for nearly one-third of the wearable technology market in the January-June 2016 period, as compared to less than 25 percent in early 2015. The mentioned six-month period recorded a whopping

89 percent increase in smartwatch sales as compared to the same period in 2015.

The latest report released by Telsyte underscores Apple Watch-related good news not only for Apple but also for the smartwatch category as a whole, especially after its somewhat lackluster uptake initially.

About the noteworthy increase in smartwatch sales in the 2016 first half, despite the reluctant uptake of the device early on, Foad Fadaghi -- Managing Director of Telsyte -- said that the growth, to some extent, can be attributed to the increasing availability of apps for smartwatches.

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