GoQii leads India's wearable market, Xiaomi slips to second - News Summed Up

GoQii leads India's wearable market, Xiaomi slips to second


GoQii, which makes fitness bands and activity trackers, has grabbed the top position in India's wearable market with 16.1 per cent share. According to an IDC report, the wearable market in India witnessed a spur of 41.9 per cent in Q2, 2016 over the first quarter of 2016. Although, overall the market is still very small as consumers figure out the utility of wearable devices like fitness bands and smartwatches. American company Fitbit took the third place in the market with 6.7 per cent share while Garmin (1.4 per cent ) and Huawei (1.0 per cent ) too found a place in top 5. Wearable devices market is rapidly growing in India.


Source: India Today September 06, 2016 07:52 UTC



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