Apple is estimated to have shipped 3.9 million Apple Watches in the third quarter of 2015, according to IDC. Total wearables shipment volume for the quarter came to 21.0 million units, up 197.6% from the 7.1 million units shipped in 3Q14.”The early stages of the wearables market have led to tight competition among the leading vendors, and Chinese vendors have seized upon market momentum to grab market share,” noted Ramon Llamas , Research Manager for IDC’s Wearables team. “China has quickly emerged as the fastest-growing wearables market, attracting companies eager to compete on price and feature sets. In addition, multiple vendors have experimented with a broad range of products and applications. The challenge, however, is whether these vendors can expand their presence, as few have extended beyond the country’s borders and into other markets.”Notably, IDC found little sign of product cannibalization in the wearable market. Smart watches from Apple, Samsung, and others have done little to dampen interest in fitness trackers.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

Source: iClarified Read More: Apple Watch Shipments Estimated at 3.9 Million in 3Q15 [Chart]