Fitbit ahead of Apple and Xiomi in Wearable Shipment: IDC

As per one of the recent reports published by IDC, companies shipped more than 21 million wearable devices in Q3, 2015.
Wearable Technology

With people and technology becoming one, wearable space has smartly leveraged the trend and managed its upward trajectory since the very beginning. As per one of the recent reports published by IDC, companies shipped more than 21 million wearable devices in Q3, 2015. This is an explosive 197 percent Y-o-Y growth.
In the same quarter last year, the numbers were just 7 millions. Many big boys of technology such as Apple & Google have jumped to wearable space but it’s Fitbit that has won the battle with shipping more than 4.7 million units alone this quarter. This is almost double of what is shipped in the same quarter last year. Fitbit Charge and Fitbit Surge fitness trackers made huge gains in the corporate wellness market. Despite the huge rise in shipments, company’s market share slipped from 32.8 percent to 22.2 percent.
Apple has still not revealed the number of Apple Watches shipped or sold. In one of the press meets, Tim Cook, CEO, Apple said that he did not want to give an insight on the sale of Apple Watches to its competitors. Still, as per IDC estimations Apple shipped around 3.9 million smartwatches nabbing 18.6 percent of the market share.
Followed by Fitbit and Apple is the Chinese smartphone and wearable maker, Xiaomi that has captured 17.4 percent market share having shipped 3.7 million units. The company only had one wearable device in its product portfolio and have recently launched the Mi Band Pulse. The tracker also features a heart-rate sensor.
BBK and Garmin complete the list of top-five companies in this wearable race and surprisingly Samsung has been pushed further down.
With so much happening in wearable space across the globe, Indian manufacturers are betting big in this ballgame. Micromax-owned YU Televentures is betting on health trackers and expects the Indian market to explode in the coming years.

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