Recently, IDC published a report that talked about the very important Smartbands market in India, and the participation of the big company Xiaomi in that market reached 46%, thus leading the company to the first position. However, Xiaomi’s performance in this place was not able to give her the first place in the world.
Yesterday, IDC released the latest statistical report that talks about the world market with regard to Smartbands, and the results showed that Apple shipments in the second quarter of this year were 4.7 million, thus achieving have an increase of 38.4% compared to past sales. Having said that, it was clarified that the second place is occupied by Xiaomi with 4.2 million shipments, thus having an increase of 19.8%.
In the third place we can find Fitbit, knowing that their sales tend to decrease over time. Huawei, who follows the top three closely, achieved an increase of 118% and its share has doubled, so much so that it looks set to surpass Fitbit for the remainder of the year. Finally, Garmin has extended its advantage over the other companies, and has managed to keep in the highly sacred TOP 5.
Xiaomi has the second place in sales of Smartbands worldwide
In the second quarter of this year (2Q18), worldwide tradable shipping reached 27.9 million units, thus achieving an increase of 5.5% over the previous year. However, the garment business, such as the Smartbands in more developed markets (North America, Japan and Western Europe) is basically declining because these markets were filled with basic items, and this year’s innovations do not were enough to reactivate the market.
As the more developed market declines by about 6.3% year-over-year, emerging markets such as those in Central and Eastern Europe, the Middle East and Africa, Asia, the Pacific (excluding Japan) and Latin America grew 14% year after year.
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