Wearables are still growing globally, thanks to Xiaomi

TechCrunch | 8/10/2017 | Brian Heater
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The burst of the wearable bubble may have been overstated — on a global scale, at least. The category has been struggling here in the U.S., but internationally, it’s still seeing growth. Wearables are up eight-percent year-over-year, according to new numbers from Canalys — not exactly exponential, but at least things are trending in the right direction.

It’ll come as no surprise to anyone who’s been following the space with any regularity that Xiaomi is leading the way here. Last week Strategy Analytics noted that the Chinese company had taken charge of global shipments for the first time ever, following Fitbit’s middling financial report, and that assessment is reflected in these numbers.

Canalys - Numbers - Bit - SA - Xiaomi

Canalys’s numbers (which are a bit lower than SA’s) put Xiaomi in first place at 3.5 million shipments, just edging Fitbit’s 3.3 million. What’s more notable than the photo finish however, is Fitbit’s on-going struggles, which find the company dropping a full 34-percent year over year. It’s an almost complete reversal of last year’s 36-percent year over year growth. Apple’s number also dropped in the report, with company’s smartwatch moving to third place at 2.7...
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