IDC Q3 wearables report: The market grew 197.6% YoY, Fitbit is still the king

IDC wearables Q3 2015

IDC is out with Q3 figures that show the wearables market is still led by the little guy, namely Fitbit, which is followed by Apple and Xiaomi. For the moment, Samsung “left” the top 5 list… Overall, 21 million wearable devices have been shipped in Q3, a 197.6 percent increase over the same period last year.

In Q3, Apple managed to move 3.9 million Watch units, or some 300,000 units more than the previous quarter. This growth, in part, came from Apple launching its smartwatch in additional markets.

Apple managed to move 3.9 million Watch units, or some 300,000 units more than the previous quarter.Xiaomi had an explosive growth driven by its low-cost Mi Band. The so called “Apple of China” went from 0.4 in Q2 to 3.7 million units shipped in the third quarter. More than 97 percent of Xiaomi’s volumes shipped into China, though.

Meanwhile, Garmin’s share slipped 2.9 points to 4.1 percent.

IDC also pointed out that despite the growth of smartwatches, interest in fitness trackers has not fallen, and for the time being – the two product categories will coexist.

[Via: VentureBeat]