FRAMINGHAM, Mass.—Shipments of wrist-worn wearables, including smartwatches, basic watches and wristbands, rose 29% from a year ago, a new report indicates.
Data from International Data Corp shows 32 million shipments of the devices in the second quarter, driven largely by health as well as mobile payment use.
The company reported the top five companies in the sector, Xiaomi, Apple, Huawei, Fitbit and Samsung, captured about 66% of the market collectively, an increase of 12% from a year ago, Mobile Payments Today said.