As per IDC data, shipments of wearable devices in the first quarter of this year shows growth for some companies. Apple’s reign continues however, Xiaomi and Huawei have increased their catch-up momentum. Statistics show that Huawei’s shipments in this quarter went up by 282.2% year-on-year. In contrast, Apple’s year-on-year growth rate is only 49.5%.
Wearable Device rivalry
Currently, Apple has the most (26%) market share. Xiaomi and Huawei follow with 13% and 10% market shares respectively. In addition, Samsung has a 9% market share, with a year-on-year growth rate of 152%. Furthermore, Fitbit has a 6% market share, a year-on-year growth rate of 36%. The first quarter sales show total shipments of wearable devices were about 50 million. Out of which 12.8 million came from Apple, 6.6 million came from Xiaomi, 5 million from Huawei. Likewise, 4.3 million came from Samsung, 2.9 million from Fitbit, and 18 million from other brands.