Fitness bands boost wearable segment in India, Xiaomi on top: IDC

Fitness bands in India dominated the wearables segment, with Xiaomi being the top vendor: IDC
India’s wearable market reached 400,000 units in Q1 2016, reports research firm International Data Corporation (IDC), with fitness bands dominating the market and accounting for 87.7 per cent of the market share.
While Xiaomi and GoQii are have a 45 per cent market share, Fitbit has the maximum market value share, noted IDC.
“The wearable market is rapidly gaining traction as it provides an