Earlier this week, the IDC (International Data Corporation) reported that Apple dominated the wearable industry last quarter, particularly in the “heatable” subcategory with the growing popularity of AirPods.
Now, a new report that comes from Canalys focuses solely on the wearable segment that includes the sale of smart fitness bands, smartwatches, and physical activity trackers. In this case, it is Xiaomi who dominates the market, and it is not for less because in our analysis of the Mi Band 4 the product came out very well thanks to the quality and low cost.
For the 3rd quarter, Xiaomi had the highest amount of sales in the category worldwide, with 12.2 million units with an annual growth of 74.4% and reaching a market share of 27% in the quarter.
Xiaomi’s growth is attributed to “strong internal performance and an aggressive expansion abroad.” On Apple’s part, it ranks second with a 15% market share, where 60% of sales were attributed to the new Apple Watch Series 5.
Huawei is in third place with 5.9 million units and a 13% market share and has made an annual growth of 243% thanks to the growing sales in China.
Another health-focused company, Fitbit, constitutes 8% of the market and has been the only supplier that has not seen much growth compared to last year. Samsung ranks fifth with a 6% market share and sales in Asia increased thanks to its Galaxy Fit model.
If you look only at China, the market has grown 60% with Xiaomi at the helm, although Huawei remained very close thanks to an increase of 290% over last year. Most of Huawei’s growth has been contributed by its set of low-end bands to increase its phone sales. For its part, in the analysis of Huawei Watch GT 2, we made it clear that it was an almost perfect watch and met virtually all the needs of users.
“Huawei will face increasing challenges to maintain its growth pace with the Watch GT line, as it will be forced to present new features and stronger use cases that can really boost long-term updates.” Apple also experienced growth in China with sales of the new Apple Watch Series 5.
Do not forget to follow us on our Facebook group and page to keep you always aware of the latest advances, News, Updates, review, and giveaway on smartphones, tablets, gadgets and more from the technology world of the future.