Shipments of Xiaomi saw a 3.3% leap YoY (year-over-year) in 3rd quarter of 2017, it was Fitbit who suffered the most with its 33% decline. Huawei’s shipments saw a massive 156.4% increase while Garmin also fell 3.3% in this time period.
Last year, Apple released its third version of Apple watch. Fitbit also debuted its smartwatch called the Ionic. Apple Watch contested neck and neck with Ionic. Even though Apple does not release the figures of Apple Watch officially but as approximated by International Data Corporation, market share of Apple Watch has risen and its shipments have seen a YoY rise for first nine months of 2017.
IDC (International Data Corporation) reported that “Xiaomi posted a slight year-over-year decrease in volume with a diversification beyond fitness bands and watches and adding its own line of smart footwear….Huawei posted the largest year-over-year growth among the leading vendors, showing a re-dedication to fitness bands with several new models (including the Sport Band 2 Pro, B19 and B29) and an introduction to smart ear-wear with its Sport Pulse Earphones that track heart rate in addition to audio. Like Xiaomi, the majority of Huawei’s shipments remained in China.”