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Friday, December 11, 2015

Fitbit, Apple Top Wearables Market

Wearable technology continues to grow as a product category, according to a new report from International Data Corp. (IDC). Worldwide shipments increased 197.6%, to 21 million units, in the third quarter of 2015 compared to the same quarter of 2014.

Fitbit is the undisputed leader, with a 22% share of the market. Apple is second with a 18.6% share, thanks to sales of the Apple Watch, according to IDC. Chinese manufacturer Xiaomi finished third ahead of GPS-maker Garmin.

Samsung’s share of the market slipped to sixth behind Chinese vendor XTC, because of a late start in shipping its Gear S2. The “others” category of manufacturers represented a 34.6% share of the worldwide wearables market.

“It’s still anyone’s game at this point,” Ramon Llamas, research manager for wearables and mobile phones at IDC, said in a report for InformationWeek. “The fact that two Chinese vendors can play catch-up rather quickly is perhaps indicative of other companies doing the same. Until that happens, expect the popular brands to have a spot—Fitbit and Apple most ostensibly.”

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