Categories AlphaGraphs, LATEST, Technology

Xiaomi, Fitbit beat Apple wearable shipments in Q3

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.

Smartwatches and basic wristbands global shipment

Most Popular

United Parcel Service (UPS) seems on track to regain lost strength

Cargo giant United Parcel Service, Inc. (NYSE: UPS) ended fiscal 2023 on a weak note, reporting lower revenues and profit for the fourth quarter. The company experienced a slowdown post-pandemic

IPO Alert: What to look for when Boundless Bio goes public

Boundless Bio is preparing to debut on the Nasdaq stock market this week, and become the latest addition to the list of biotech firms that have launched IPOs this year.

Nike (NKE) bets on innovation and partnerships to return to high growth

Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top