The latest data from tech analysis firm Canalys shows that in the third quarter of 2021, the global shipment of wearable wristband devices reached 47.82 million units, down 11% year-on-year.
Xiaomi released its financial report for the third quarter of 2021 on Tuesday. Its revenue reached 78.06 billion yuan ($12.22 billion), up 8.2% year-on-year.
Zepp Health released its financial report for the third quarter of 2021 on Tuesday. The company's revenue was 1.6 billion yuan ($249.3 million), down 28.1% compared with the same period of last year.
Carrying forward many similar designs from its predecessor the Mi Band 4, the latest fitness tracker Mi Band 5 has been updated and brings a ton of new features at a super low price.
According to IDC, global shipments of wearable devices totaled 84.5 million units in the third quarter of 2019, a year-over-year increase of 94.6% and a new record for quarterly shipments.
Compared to smartwatches, fitness trackers are more budget friendly, but with fewer functions. Here we’ll recommend some best fitness trackers/ fitness bands affordable to buy in 2019.
The global wearable device market continued to grow in the second quarter of 2018, according to the latest report released on Sept. 5 by market research company International Data Corporation (IDC). Xiaomi and Huawei ranked second and fourth respectively among the top five on the list.
