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Fitbit Leads Wearables, Apple Watch Sales Slip: IDC

Fitbit Leads Wearables, Apple Watch Sales Slip: IDC 24l1f

By Agence -Presse | Updated: 7 September 2016 11:57 IST

Highlights

Fitbit recently introduced its Charge 2 and Flex 2 fitness bands
Xiaomi was second with a market share of 14 percent
Apple saw a 56.7 percent year-over-year drop in sales of the Apple Watch

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Fitbit extended its lead in the market for connected wearables in the second quarter amid a sharp drop in Apple Watch sales, a survey showed Tuesday. 4mw1p

The survey by research firm wearables market grew 26.1 percent from a year ago to 22.5 million units.

Charge 2 and Flex 2 fitness bands, captured 25.4 percent of the market with sales growth of nearly 29 percent, IDC said.

Chinese electronics group Xiaomi was second with a market share of 14 percent, with modest sales growth of 2.5 percent, according to the survey.

(Also see: Fitbit Paces Wearables Market, Xiaomi Edges Past Apple to Take Second: IDC)

smartwatch a year ago, saw a 56.7 percent year-over-year drop in sales of the device, IDC said.

Apple, which does not release official sales data for the smartwatch, captured just seven percent of the overall wearables market with 1.6 million units sold, according to IDC's estimate.

(Also see: Fitbit Says Sold 5.7 Million Devices in Q2 2016)

The California company has scheduled a media event Wednesday where it may unveil an updated iPhone.

IDC analysts said the market is bifurcating between basic wearables with a single function and more complex devices that accept third-party applications and functions like communication and mobile payments.

(Also see: Fitness Bands Drive Wearable Market in India: IDC)

IDC research manager Ramon Llamas said basic wearables ed for 82.8 percent of sales, and more vendors continue to enter this space.

"Smart wearables, meanwhile, are still struggling to find their place in the market," Llamas said. "There is plenty of curiosity about what smart wearables -- particularly smartwatches -- can do, but they have yet to convince s that they are a must-have item."

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