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Do you also wear a smartwatch? The Chinese manufacturer Xiaomi has long been offering affordable picks with an excellent price-to-performance ratio. This effort is now bringing another success, and Xiaomi for the first time in history overtakes the US Apple in the smartwatches market.
Xiaomi sells more than Apple
The smartwatch ranking is uncompromising, and Xiaomi is surpassing Apple for the first time. Thanks to its sales, it is now also the world’s biggest smartwatch manufacturer—especially due to affordable devices for beginners, such as Xiaomi Mi Band 6 or the Xiaomi Mi Watch.
According to the latest report from Canalys, the global wearable electronics market (including fitness bands and smartwatches) grew year-over-year by 5,6%. Total sales are now down to 50,9 million units.
The data released for the second quarter 2021 proves Xiaomi’s dominance. The Chinese manufacturer sold a total of up to 8 million smartwatches and bands. That means a market share of 19,6%. The second place goes to the aforementioned US Apple, with a tight gap and a gain of 19,3%.
Huawei in third place and then Fitbit
In third place on this ranking is Huawei. It recorded a 9,2% market share with 3,7 million sold devices. Fourth place then goes to the well-known brand Fitbit, with a market share of 7,3%.
There’s no doubt that this big success was achieved by the Chinese manufacturer Xiaomi thanks to its budget-friendly products. However, we definitely have even more to look forward to, considering the new smartwatch models being prepared.
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