Tech News

Apple grabs top spot in global wearables market  


With the launch of cellular- connected watch the  shipments of Apple watches grew by 13.5 per cent over the previous year.
 

Published: 09th June 2018 12:32 PM  |   Last Updated: 09th June 2018 12:32 PM   |  A+A-

cellular-connected Watch

By IANS

NEW DELHI: 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.

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.

Xiaomi grabbed the second position with 14.8 per cent 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 per cent 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 per cent.

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

Stay up to date on all the latest Tech news with The New Indian Express App. Download now
Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

Latest