Xiaomi seized the Apple throne on the wearable devices for Q1

Chinese technology giant Xiaomi took first place in sales and market share in the wearing devices segment, Displays a study of CanalysS According to their data, Xiaomi occupies the first position with a market share of 15% and sales for the quarter of 8.7 million units. This is a 44% increase compared to the first quarter of 2024.

Climbing the throne in the Xiaomi segment has been happening for the first time since 2021, when the company last topped this ranking. According to Canalys analysts, this is due to the refreshments of Mi Band and Redmi Watch devices that the Chinese conglomerate has recently launched.

However, in addition to design improvements, the new Xiaomo devices also offer a significant improvement in available functionality, which certainly looks like a better price/quality ratio for a rather large range of users. Canalys also notes that the company’s focus in developing markets has also helped the good result.

Secondly, we find Apple with a market share of 16% and a much more modest increase of 5%. and 7.6 million devices sold. Despite the height available, the presentation of apple In the segment, it has fallen a major decline in the last 24 months. This should change with the new Apple Watch models this fall, which will celebrate the tenth anniversary of the series.

In the top 5 of the ranking, we can also see Huawei with a market share of 15%, an increase of 36% and a total of 7.1 million devices sold, Samsung with a market share of 11%, an impressive increase of 74% and 4.9 million devices sold, as well as Garmin with a much more modest market.