Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr The smartwatch market today seems to be heading towards a steady decline as reports and surveys from IDC reveal that Smartwatch shipments declined by 51.6% year-on-year. Sales reportedly stand at 2.7 million units for Q3 2016, down from 5.6 million in Q3 2015 which is quite a nosedive on a commercial point of view. Although Apple hasn’t released sales figures for its Watch, IDC estimates 1.1 million unit sales during summer 2016, which makes for a significant 71.6% drop compared to summer 2015. the tech giants based in Cupertino still dominates the smartwatch market in the US however but a dip in the demand and purchase of these wearables might just be something to worry about. The IDC report for smartwatch brands which run third-party apps in its market state Apple’s year-on-year decline in terms of its Watch device shipments was 71.6% Garmin was the only brand to show growth with shipments of 0.6 million in the third quarter of 2016 compared with 0.1 million in 2015 Samsung shipped 0.4 million of its Gear and Gear2 watches in both 2015 and 2016 Lenovo, which makes the Motorola branded Moto 360, suffered the biggest drop with shipments down by 73.3% Pebble also slowed from 0.2m to 0.1m shipments However, Flipkart, one of the largest e-commerce platforms in India, witnessed an opposite trend in the smartwatch sales over the past year. “Our smartwatch sales grew by 312% (on a small base), JAS 2016 over JAS 2015,” the company said in an email statement. Are smartwatches really on a steady and permanent decline? Or is it just a temporary setback for the wearable market? We’ll find out soon enough.