The rumours have come true. After days of speculation, Google has confirmed that its is acquiring Fitbit for US$2.1 billion.
Worldwide shipment of wearable devices will touch 225 million in 2019, an increase of 25.8 percent from 2018, according to Gartner.
The worldwide wearables market is adjusting as smartwatches continue to come to the forefront. In the coming years, smartwatches will encompass more features and functionalities.
The Pebble Time may become a collector’s item if rumours of a Pebble takeover bid by Fitbit comes to pass. Fanning the reports is the utter silence in the Pebble campaign page on Kickstarter. The […]
Apple is top of the league in the smart watch market in 2015, accounting for over 12 million units and two-thirds of all shipment, according to Canalys.
Samsung returned to second place in Q4, as the improved design of the Gear S2 saw a much better consumer reception than previous wearable efforts by the company. Pebble came third and Huawei fourth, establishing itself as the leading Android Wear vendor.
Basic bands exceeded 37 million shipments for the year. Fitbit set a quarterly shipment record as it comfortably led the category. Xiaomi held second place, shipping 12 million Mi Bands during 2015.
Wearable bands are all the rage with many new models announced and expected to be available in the coming months.
In Q3, nearly five million wearable bands were shipped — an increase of 37 percent quarter on quarter, according to Canalys.
Motorola Mobility’s Moto 360 is the most successful among Android Wear devices, accounting for over 15 percent of the smart band market. Despite being supply-constrained, its appealing design helped it to easily outship other Android Wear products.
Just a day after Tim Cook announced the much-awaited Apple Watch to a thrilled gathering of journalists, Canalys is predicting that the device will be the biggest driver behind wearable band shipment in 2015.
The global wearable market is expected to grow 129 percent year on year to reach 43.2 million units in 2015, of which 28.2 million will be smart bands and 15.0 million will be basic bands, according Canalys.
Canalys defines smart bands as those capable of running third-party applications, and basic bands, as those which are not.
A wrist accessory with a silicon strap has become the latest fashion statement and a must-have for the sporty. We’re talking about the fitness band, which helps to keep track of distance covered, calories burnt and sleep among other things.
According to Canalys, the global wearable band market grew an astonishing 684 percent in the first half of this year compared with the same period of 2013.
“Fitbit and Jawbone have very successfully grown and strengthened their relationships with channel partners internationally to grow global shipment volumes. They took first and second place respectively in the basic wearable band market in the first half 2014,’ said Chris Jones, Vice President and Principal Analyst of Canalys.