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Briefing
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- Q3 Growth in Global Wearables Shipments – IDC reports wearables shipments grew by 3.1% in 2016 Q3 from 2015 figure to 23 million units
- Basic Wearables Dominance – Basic wearables make up 85% of wearables market, growing in double digits, driven by newer models, more users, and summer season
- Market Leadership – Fitbit has 23% market share, remaining number one brand with release of Charge 2 and potential expansion to smartwatches
- Apple Smartwatch Decline – Apple’s smartwatch shipments declined 71% year-over-year, with market share declining from 17.5% in Q32015 to 4.9% in 2016 Q3
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Accelerator
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Sector
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Information Technology
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Organization
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Apple Inc., Fitbit Inc., IDC
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Source
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Original Publication Date
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December 5, 2016
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