Xiaomi takes second place for world’s largest wearable company

Xiaomi has impressed a lot of people over the past few months, they have released a few smartphones and are making gains in the amount of sales and are catching up with smartphone world giants Apple and Samsung. This is seen as a great feat considering the majority of Xiaomi’s releases are only available in Asia, versus globally like Samsung and Apple.

xiaomi-mi-band

Xiaomi have faired pretty well in the smart tech wearable category as well. Despite the company offering their wearable tech for a very low and competitive price, sub £20 – the device is actually highly rated by tech enthusiasts around the world. In a report released by IDC, statistics put Xioami second on the market with a market share of 24.6%. Only beaten by Fitbit who lead with a market share of 34.2%. Xiaomi’s market share is likely to increase as more and more people recommend their Mi band over others on the market as it performs extremely well for only a fraction of the cost of the company’s competitor’s devices.

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