Rumors are swirling that Apple plans to unveil a new Apple Watch alongside the iPhone 8 next week, and competitors in the wearable market tried to get a step ahead this week by unveiling new devices at the
IFA consumer electronics show in Berlin.
Fitbit, Garmin, and Samsung all showed off new gadgets, but as we can see in this chart from
Statista, the companies still have a lot of catching up to do. According to market intelligence firm
IDC, Apple shipped 3.4 million Apple Watches in the second quarter of 2017, making it the worlds leading smartwatch brand.
When smartwatches were first released a few years ago, they were heralded as the next big thing in tech. The devices never quite lived up to expectations however, and companies like
Motorola and
Jawbone have ditched the market entirely.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More Anaele Pelisson/Business Insider
Get the latest Fitbit stock price here.
function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);