Shipments of wearable devices reached 22.5 million in the second quarter of 2016 (2Q16) according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. The overall market for wearable devices grew 26.1% year over year as new use cases are slowly starting to emerge. The report said that basic wearables (devices that do not support third party applications) grew 48.8% from 2Q15 levels while smart wearables (devices that support third party applications) declined 27.2% year over year.
Giving insights on vendor performance in Q2, IDS said that Fitbit continued to rule the wearables market with 5.7% market share. Xiaomi came in second spot with 3.1% market share while Apple was the only vendor among the market leaders to post a year-over-year decrease in shipment volumes, primarily because it did not launch a new model on the anniversary of its first generation Watch. It reported 1.6% market share. Garmin and Lifesense came in fourth and fifth with 1% and 9.5% market share.
