Technology

Xiaomi Overtakes Apple, Fitbit to Become No.1 Wearable Device Company in The World

Xiaomi and Apple have overtaken Fitbit in worldwide wearable shipments for the first quarter of 2017. As indicated by IDC's Worldwide Quarterly Wearable Device Tracker report, the aggregate wearable shipments for the quarter finishing March came in at 24.7 million units, a pickup of 17.9 percent over same period last year.
Xiaomi overtook Apple and Fitbit as the market pioneer for this quarter with shipments of 3.6 million units. In spite of the 3.3 percent decrease in its shipments over Q1 2016, the organization figured out how to secure a market share of 14.7 percent. More than 96 percent of the organization's wearables shipments originated from its financial plan, Mi Band wearable and remained in China. Xiaomi is additionally wandering out of wristwear with the dispatch of smart shoes called '90 Minutes Ultra Smart Sportswear, which are controlled by Intel's Curie.
Apple delivered 3.6 million units of its Apple Watch Series 1 and Series 2 joined amid the quarter and achieved a market share of 14.6 percent. The organization saw its shipments become more than 64 percent when contrasted with a similar period last year. Apple CEO Tim Cook has said more than once that Apple Watch sales have been excellent and in Q1 2017, Apple Watch recorded its second most elevated year-over-year development.

Fitbit, the market pioneer for as the back few quarters, discovered its shipments decline 37.7 percent in the main quarter of 2017. The organization's battle is authorize to the progressing change from a fitness wearable producer to a smartwatch brand. In spite of the fall in sales, Fitbit remains firm with a market share of 12.3 percent and the report noticed that "with a client base of 50 million, a substantial presence inside corporate wellness, and resources that keep it top of the brain for computerized health. Fitbit is all around situated to move into new portions and markets," noted Ramon Llamas, inquire about supervisor for IDC's Wearables group. The organization recently procured Pebble and Vector and is relied upon to present its own smartwatch.

About Venkatesh Gorantla

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