Earlier this week, the IDC reported that Apple dominated in the wearables business final quarter, significantly in the ‘hearables’ sub-category with he rising reputation of AirPods. Today, a brand new report comes from Canalys that solely focuses on the wearable bands phase which incorporates the gross sales of good health bands, good watches, and health trackers. Globally, Q3 of this 12 months noticed

For Q3, Xiaomi noticed essentially the most shipments in the class worldwide, delivery 12.2 million items with 74.4% of development YoY and reaching 27% market share for the quarter. Xiaomi’s development is attributed to “sturdy home efficiency and aggressive abroad growth.” Apple positioned second with 15% market share, the place 60% of shipments have been attributed to the most recent Apple Watch Series 5.

Global wearable band market grew 65% in Q3, Xiaomi dominates worldwide

Huawei ranked third with 5.9 million items and 13% market share and noticed 243% annual development because of rising gross sales in China. Fitbit made up 8% of the market and was the one vendor that didn’t see a lot development in comparison with final 12 months. Samsung ranked fifth with 6% market share with gross sales in Asia boosted because of the entry-level Galaxy Fit tracker.

In the Americas, Apple higher anticipated demand for its much-updated Watch Series 5, transferring 3.5 occasions extra items throughout its launch quarter in comparison with the Series 4 Apple Watch. Meanwhile, the Series Three grew to become cheaper, boosting Apple’s wearable band gross sales for the quarter.

Global wearable band market grew 65% in Q3, Xiaomi dominates worldwide

In Asia Pacific (not together with China), Fitbit and Samsung entered the low-cost tracker phase that Xiaomi had dominated for some time with some success in the price-conscious market. In the EMEA (Europe and Middle East) phase, Xiaomi’s aggressive push into Europe with low entry price health bands actually boosted its gross sales.

Finally, in China, the market grew by 60% with Xiaomi in the lea, although Huawei trailing shut behind because of a 290% enhance from final 12 months. Most of Huawei’s development was contributed by its bundling of low-end bands to spice up its smartphone gross sales. “Huawei will face rising challenges to maintain its development tempo with the Watch GT line-up, as it is going to be compelled to provide you with new options and stronger use circumstances that may actually drive upgrades in the long-term.” Apple additionally noticed development in China with gross sales of the brand new Series 5 Apple Watch.

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