Xiaomi goes on to become the world’s second largest vendor of wearables

Follow Us

Xiaomi has become the second largest vendor globally in terms of wearable technology sales for the first quarter of 2015. Xiaomi currently has just one wearable technology product on sale globally, the Mi Band. The number one vendor was FitBit with a 34.2 percent market share but it has multiple offerings. Xiaomi had a 24.6 percent share with a single offering.

Xiaomi share




Garmin, Samsung and Jawbone occupied the third, fourth and fifth positions respectively with 6.1 percent, 5.3 percent and 4.4 percent shares respectively. The total number of wearables that were sold was 11.4 million which was more than the 3.8 million wearables than the same period last year.

Xiaomi Mi Band

Another reason for the Mi Band being the propeller for Xiaomi was its low price. Priced at just Rs 999/$13, it is one of the cheapest wearable devices globally. Fitbit has a wider base in terms of the countries it is present in and Xiaomi has a smaller footprint in terms of the countries it is present in. As the company increases its footprint, we can expect its market share to see a northward revision.

Apple didn't make it to the list because of the fact that the Apple Watch didn't go on sale till April. The report has been presented by IDC which is quite a credible research firm. More and more technology companies are launching their wearable technology devices.

Via

Recent Comments

TheAndroidFreak :

Let's see. Without unlimited 5G, Jio revenue will come down so low, I can't even imagine how it's going to…

Jio to Discontinue this Unlimited 5G Plan on January 31,…

TheAndroidFreak :

3+40 in Maharashtra circle. Why do you need even 5G? It's so good that, it has hit in Vi revenue…

Vodafone Idea Non-Stop Hero Offer for Prepaid Customers

Faraz :

I got afraid that Jio will discontinue unlimited 5G from all plans (*smiling confused*) Well no-one has shown interest in…

Jio to Discontinue this Unlimited 5G Plan on January 31,…

TheAndroidFreak :

Band 1/3 20Mhz can do 180Mbps on a single band on 2*2MIMO 256QAM device. Airtel in Maharashtra circle can do…

Vodafone Idea Non-Stop Hero Offer for Prepaid Customers

TheAndroidFreak :

Will be better network than Airtel if that happens.

Reliance Jio Deploys 4G and 5G Connectivity at Siachen Glacier

Load More
Subscribe
Notify of
guest

1 Comment
newest
oldest most voted
Inline Feedbacks
View all comments