Apple tops global wearables market
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Figures for market share, shipment volume and year-over-year growth for the global wearables market have been released by IDC, and they show that Apple has enjoyed considerable success in this particular market. In 2016, the tech giant had 10.8% market share for the year and shipped 11.3 million devices that were classed as “wearables.” The 2017 figures show 15.3% market share and shipment volume of 17.7 million units, proving that it is full steam ahead in the wearables division of the Cupertino-based company.
However, it wasn’t until 4Q17 that Apple finally took the top spot in the table for wearables market share. The year-on-year growth change was an impressive 57.5%, rising from 14.4% market share in 4Q16 to 21.0% in 4Q17. Apple’s considerable success in this market has been mostly attributed to healthy sales of the Apple Watch series.
Xiaomi, Fitbit, Garmin and Fossil take up the next four positions for the calendar year figures; however, Huawei enjoyed decent performance for 4Q17. The year-on-year growth change for the Chinese company was an impressive 93.2%, with shipment volume rising from 0.8 million to 1.6 million. IDC puts this change down to healthy sales of Huawei’s wristbands in China.