Apple Dominates the Market as Wearables Shipments Surge
The evolution of wearables has resulted in a surge of interest from consumers in recent years, and this year is set to be the biggest yet. Global shipments of wearable devices soared to 84.5 million units in the third quarter of 2019, growing 95% year over year, a strong acceleration from the 29% increase in Q2 and 55% growth in Q1. This resulted in a record number of shipments in a single quarter, according to new data released by International Data Corp. (IDC).
Ear-worn wearables, or hearables (which include wireless headphones and earbuds), drove the majority of the demand, accounting for nearly half the market in the third quarter. They were followed by wristbands and smartwatches, according to IDC.
As impressive as the overall growth was, the performance of Apple (NASDAQ: AAPL) was even better.
Source Fool.com
