wordpress blog stats
Connect with us

Hi, what are you looking for?

GOQii top wearables vendor in India with 20.8% market share: IDC Q1 2017

The competition between Chinese and domestic brands is not limited to smartphones. India’s GOQii continues to hold the first position in terms of wearable shipments in the country holding a 20.8% market share in Q1 2017, according to research firm IDC’s Quarterly Wearable Tracker report. This is up from a 15.5% share that GOQii held in the previous quarter. During the quarter, GOQii shipments increased by 21% quarter-on-quarter (QoQ). The GOQii Heart Care tracker program and promotional upgrade offer helped it maintain the first spot. Xiaomi had taken to the first spot in Q1 2016 when it had a 27% market share in terms of shipments, sustained by its Mi Band (1st Gen) shipments. In the next quarter (Q2 2016), GOQii surpassed Xiaomi to secure the first position (with 16% market share) after it made an aggressive entry into the fitness band category by launching GOQii band 2.0. Note that Xiaomi also launched an upgraded version of its Mi Band at around the same time that GOQii entered the market with its new product line. Overall, the Indian wearable market shipped 612,000 devices during Q4 2016, down 9.3% QoQ from the previous quarter. These units include “smart wearables” that can run third-party apps (Apple Watch, Samsung Gear) and basic wearables which cannot run third-party apps (Mi Band). Shipments by Category The cheaper basic wearable segment accounted for almost 90% of the overall shipments in India during Q1 2017. The reason behind the segments dominance include low (entry) prices, and better value for the…

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

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

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

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