Xiaomi increases its market share in wearables by 56.4% by approaching Apple

One more quarter IDC provides its analysis with the figures related to the current state of the wearables market. An area in which Apple continues to dominate, but in which Xiaomi grows again, demonstrating its health in this market driven by bracelets and smart watches.

In detail, International Data Corporation (IDC) reveals the continued growth that the wearables market has experienced. In relation to the first quarter of 2020, the sales volume reached 72.6 million units sold, 29.7% more than last year .

Powered by brands like Xiaomi, smart bracelets have managed to increase their sales share by 16.2% . With this, Xiaomi has seen how its share of mentoring has increased year after year, maintaining its position as the second largest manufacturer.

Apple, Xiaomi and Samsung lead the Wearables market

As we can see in the following table, Apple once again dominates the wearables market . Its market share has gone from 23.7% in the first quarter of 2019 to 29.3% in the same period in 2020.

Xiaomi increases its market share in wearables by 56.4% by approaching Apple. Xiaomi News

For its part, Xiaomi has nothing to envy to the brand of the bitten apple. A growth of 56.4% year over year has made it maintain its second position in this market with a total share of 14.0%.

Followed by these we find Samsung and Huawei with a share of 11.9% and 11.1% respectively. After this, Fitbit , with a negative growth of -26.1%, falls from 5.2% of the market share to 3%, year after year.

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In conclusion, more and more wearables, bracelets and smart watches are sold which, except in the case of Apple, are becoming more affordable and complete every day. For its part, Xiaomi continues to grow in the face of a possible future to rival Apple, who knows ... of course, the key will be in the global launch of the Xiaomi Mi Watch .

Source | IDC

www.xiaomist.com

The entry Xiaomi increases its market share in wearables by 56.4% by approaching Apple, it was first published in XIAOMIADICTOS: Xiaomi news and news website .

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