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IDC: Wearables Market Tripled in One Year

Thursday Jun 4th 2015 by Developer.com Staff

Manufacturers shipped 11.4 million wearable devices in the first quarter.

The researchers at IDC are reporting that the market for wearable devices has increased for the eighth quarter in a row. In fact, the market tripled over the past year: manufacturers shipped 11.4 million devices in the first quarter of 2015, up from 3.8 million in the first quarter of 2014.

"Bucking the post-holiday decline, normally associated with the first quarter, is a strong sign for the wearables market," IDC Research Manager Ramon Llamas said.

The market leader was FitBit with a 34.2 percent share, followed by Xiaomi at 24.6 percent, Garmin with 6.1 percent, Samsung with 5.3 percent and Jawbone at 4.4 percent. Apple Watch, which is expected to have a large impact on the wearables market, was not yet released during the period covered by the report.

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