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Mar, 03 2018

US-based Apple tops global wearables market

The top five wearables companies for the fourth quarter of 2017 are Apple followed by Fitbit, Xiaomi, Garmin and Huawei.

With 8 million shipments in the fourth quarter, Apple has topped the list of highest wearable sales in global wearables market,

A report issued by International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker showed that Apple shipped eight million wearables in the fourth quarter with a 21% market share and 57.5% year-over-year growth. The fourth quarter of 2017 was the first quarter that Apple held the market leader position all to itself after spending several quarters close behind Fitbit or Xiaomi.

The report said, Apple is catching the market at the right time with many users of basic wearables moving on to smartwatches and cellular connectivity (available on select Series 3 Watches) is earning a warm reception among end users.

The report added that late-year push of eight million units separated Apple from the competition to emerge as the overall leader of the wearables market for the year.

Ramon T. Llamas, Research Director for IDC's Wearables team in a statement said, "User tastes have become more sophisticated over the past several quarters and Apple pounced on the demand for cellular connectivity and streaming multimedia.”

The top five wearables companies for the fourth quarter of 2017 are Apple followed by Fitbit, Xiaomi, Garmin and Huawei.

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