The global wearables market continues to climb the ladder with upbeat consumer demand on both fronts: from basic wristbands like the Xiaomi Mi Band and Fitbit Charge to smartwatches like the Apple Watch Series 3 and Samsung Gear S3.
According to the International Data Corporation, the overall wearables market is expected to grow from 113.2 million shipments in 2017 to 222.3 million in 2021 with a compound annual growth rate of 18.4%. Based on the third quarter shipment performance, the top spot of wearable vendors has been shared by both Xiaomi and Fitbit, followed by Apple.
Most Popular
Key highlights from Box (BOX) Q4 2021 earnings results
Box Inc. (NYSE: BOX) reported fourth quarter 2021 earnings results today. Revenues rose 8% year-over-year to $198.9 million. GAAP net loss was $4.9 million, or $0.03 per share, compared to
Infographic: Highlights of Hewlett Packard’s (HPE) Q1 2021 earnings report
Technology firm Hewlett Packard Enterprise Company (NYSE: HPE) reported higher earnings for the first quarter of 2021, despite a decrease in revenues. The numbers surpassed the consensus forecast. First-quarter earnings,
MercadoLibre (MELI): Here is a stock to have on your investment radar
MercadoLibre Inc. (NASDAQ: MELI) is one of the stocks that benefited from the COVID-19 pandemic. The Argentine ecommerce company has caught the attention of market experts as it garnered growth
