wordpress blog stats
Connect with us

Hi, what are you looking for?

GOQii top wearables vendor in India with 16% share: IDC Q2 2016

Fitness and wearable band maker GOQii has surpassed Xiaomi to secure the first position in the Indian wearable devices market in terms of shipments. GOQii had a 16.1% share in Q2 2016, according to IDC's Worldwide Quarterly Wearable Device Tracker. In Q2 2016, Xiaomi lost 16 percentage-points to GOQii, making GOQii the largest shipper of wearables in India. In the previous quarter (Q1 2016), GOQii held the second position with an 18.1% share, while Xiaomi topped the market with a 27.1% share. In the last couple of months GOQii has made an aggressive entry into the fitness band category in India by launching GOQii band 2.0. The band comes with a GOQii Life Program that provides payments via NFC, health reports and diagnostics on subscription basis starting from Rs 1999. More here. Overall, the Indian wearable devices industry shipped over 567,000 units in Q2 2016, which is up 41.9% from 400,000 units in the previous quarter, IDC said. Basic wearables that don’t run third-party apps contributed to nearly 94% these shipments. On a price level, the market was dominated by sub-$50 category, which accounted for 83% of shipments in India. This category is largely shared by Intex, GOQii and Xiaomi’s Mi Band. These devices are also classified as fitness bands and usually capture a large chunk of the market due to their low prices; in the previous quarter fitness band accounted for a major 87.7% of shipments in India during Q1 2016. However the wearable device market in India is still at…

Please subscribe/login to read the full story.
Written By

Free Reads

News

With GPS in every car, India's toll collection is going high-tech.

News

Google is currently undergoing the necessary procedures for the leasehold land, which is presently under the ownership of the Maharashtra Industrial Development Corporation.

News

The pilot project for which is being launched in 19 cities this year, with a plan to launch a full-fledged rollout next year.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ