Tech
Powered by cricketnext logo
»
1-min read

Apple Takes Top Spot in Global Wearables Market: Report

Apple Watch shipments grew 13.5 percent over the previous year as the launch of a cellular-connected Watch entered additional markets even as the wearable device shipments slowed down.

IANS

Updated:June 6, 2018, 12:29 PM IST
facebookTwittergoogleskypewhatsapp
Apple Takes Top Spot in Global Wearables Market: Report
Apple Takes Top Spot in Global Wearables Market: Report (Image: REUTERS/Issei Kato)
Loading...
With four million shipments in the first quarter of 2018, Apple has become the leader in the global wearables market, according to a report by International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Apple Watch shipments grew 13.5 per cent over the previous year as the launch of a cellular-connected Watch entered additional markets even as the wearable device shipments slowed down, the report said on Monday.

Also Read: WWDC18: Top Ten Fun New Features Coming to Apple Devices

The iPhone market's growth has also outpaced the entire wearables market allowing the company to increase its share from 14.3 per cent in the first quarter of 2017 to 16.1 per cent in the first quarter of 2018. "Worldwide shipments of wearable devices grew 1.2 per cent in the first quarter of 2018 as shipments reached 25.1 million units," IDC said in a statement.

The growth was far lower than the 18 per cent year-on-year (YoY) growth one year ago largely due to the 9.2 per cent decline in shipments of basic wearables. During the same period, smart wearables by Apple, Fitbit and numerous fashion brands grew 28.4 per cent as consumer preferences continued to shift towards smarter devices," according to the statement.

Also Read: Lenovo Z5 With 6.2-Inch 19:9 Notched Display, Snapdragon 636 SoC And Dual Rear Cameras Launched in China

Xiaomi grabbed the second position with 14.8 percent share of unit shipments. "However, with the lowest average selling price (ASP) among the top five companies, Xiaomi was only able to capture 1.8 percent of the dollar value of the market during this quarter," the company added. Wearables maker Fitbit ranked third during this quarter, despite a decline of 28.1 percent.

Chinese company Huawei managed to capture the fourth position during this quarter with 1.3 million shipments and five percent market share, followed by Garmin with 1.3 million shipments and five percent market share.

Also Watch: Karbonn Titanium Frames S7 Review: A Decent Budget Deal




| Edited by: ---
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results