Many feel that the Mi Band is one of the most practical wearable devices available. IDC’s data agrees, and also reveals that the wearable is the world’s third most popular.
The Mi Band posted an impressive 815.4% Year-over-Year growth according to IDC’s data for Q3 2015.
A reason behind the high volume of shipments, besides the fact that the Mi Band works as advertised, is that it is also one of the most affordable wearable devices you can buy right now.
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The Mi Band will track your fitness and sleep… and a recent app update means you can also use it to monitor your notifications. Not just that, the Mi Band 1s Pulse also bundles a hear-rate sensor, which makes it quite a package for a $15 device (in China).
As seen from the table above, the Xiaomi wearable sits third in the list after FitBit and Apple’s respective products.
You can read our review of the hear-rate enabled Mi Band 1s Pulse here.
Are these numbers a surprise for you? We think not.
Really? It’s behind the Apple watch? I was not expecting that…. If Xiaomi would push the band into local shops in NA and EU then I’m sure that would change, even with a price hike.
I look at the nice little info graphic above and the thing that stands out to me is Apple got more market share in less time selling a substantially more expensive product with much high profit margins.
I’m still baffled as to why the Apple Watch is selling well. It’s not like an iPhone where the device is good, even if it’s incredibly expensive. If anything, the Watch was subpar even when it was just launched. You’ll probably tell me why, so I’ll just wait for that.
I also wanted to say good job, Yash, on getting those story title image file sizes down. Don’t think I didn’t notice!