The global wearables market has consistently seen massive growth right after the start of the COVID 19 pandemic. This growth has continued in 2021, going by a recent report by the International Data Corporation (IDC). The report shows that the global wearables market recorded a total shipping estimate of 533.6 million units in 2021 as a whole. This represents a massive 20% YoY growth. 
The wearables market recorded an impressive 10.8% YoY growth in Q4 2021 alone with an estimated total shipment of 171 million units. Overall, Apple led the market with successes recorded in both the hearables and smartwatch segment. The US company’s market share in Q4 2021 was a huge 34.9%.Apple shipped an estimated 161.8 million units of wearables which includes hearables and smartwatches.
Xiaomi emerged in the second position but with a wide margin from Apple. The Chinese tech giant recorded a 7.1% YoY growth in 2021 with the smartwatch segment driving its sales. It shipped an estimated 54.4 million units in 2021 which isn’t up to half of what APple shipped during the period.
Samsung is the third-largest wearables vendor in 2021, thanks to the Galaxy Watch 4 series. The Korean tech giant saw a 20.1% YoY growth last year with an estimated 48.1 million units in shipments. 
Embattled Chinese company Huawei surprisingly continued to maintain its mark in the worldwide wearables market. The company is said to have shipped an estimated 42.7 million units of wearables which is an increase of 25.6% over its shipping figures for last year. Huawei’s shipments weren’t only in China but also in European markets where it continues to enjoy huge patronage.
The biggest improvement was recorded by the Indian company Imagine Marketing, which owns the BoAt brand. The brand came in 5th place in the global market propelled by its exploit in the Indian market. This indeed underscores the rapid growth of the Indian wearable market. boAt recorded an estimated shipment of 28.6 million units as against 10 million units shipped last year. This represents a staggering 163.4% YoY growth. In Q4 2021, the company’s shipments grew 69.6% YoY.
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(source)
