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Friday, 5 May 2017

Apple now king of wearables, main competitors decline

The wearable market is growing slowly but its dynamics are changing. According to Strategy Analytics, Apple ousted Fitbit from the top position with 3.5 million wearables shipped during the first quarter of this year. That's a jump of 59% compared to the same period last year. Apple raced ahead of the market, which grew only 21% annually for a total of 22 million units shipped. Fitbit went from first (with 4.5 million in Q1 2016) to third (with just 2.9 million in Q1 2017), a massive slump. Xiaomi also declined - from 3.8 million to 3.5 million - but it still kept enough market share...

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