The above graph represents the world’s top 5 wearable companies by market share, by year. In 2018, approximately 172.2 million units of devices were shipped, representing a considerable 27.5% YoY growth. Apple, Xiaomi, Fitbit, Huawei and Samsung are currently dominating the global wearable market.
|Note||CY starts from January 1st to December 31st|
Apple remained the market leader with a 26.8% share. That’s an appreciable increase from 2015 when the company had only 11.6% share in the global wearable market. A total of 46.2 million units of Apple Watches, Airpods, Beats headphones, etc. in 2018.
Xiaomi‘s share in the worldwide wearable market increased from just 3.8% in 2014 to 13.5% in 2018. The growth in Xiaomi wearables shipments was mainly due to the company’s stronghold in its home country of China.
Huawei and Samsung, both captured 6.6% and 6.2% share in the wearable device market worldwide, respectively.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.