Fitbit continues to dominate the wearable market
Although the PC market is not doing great and smartphone shipments are expected to go down in the not-so-distant future, wearable devices are doing great. According to the latest data coming from American market research and analysis firm IDC, Fitbit remains the leader of this market, although its market share has decreased.
Compared to the same period of 2015, the basic wearables market increased 67 percent in Q1, reaching 19.7 million units. Fitbit recorded a solid growth of 25.4 percent, but its market share dropped from 38.7 percent to 29.4 percent. The company managed to ship 4.8 million units during the quarter, up from 3.8 million in the same period of 2015. The next four names in the top five are Xiaomi, Garmin, XTC, and Lifesense. However, only Xiaomi managed to ship more than 1 million units in Q1 2016 - 3.7 million, in fact - a market share of 22.8 percent.
In the smartwatch area of the market, Apple dominates with 1.5 million units shipped - an impressive 46 percent market share. The second and third places belong to Samsung and Motorola, with Huawei and Garmin closing the top five.