IDC finds sharp decline in Smart watch shipment volumes

IDC reports the total Smart watch shipments reached 2.7 million units in 3rd Quarter of 2016. A decrease of 51.6% from the 5.6 million units shipped in 3rd Quarter of 2015. Jitesh Ubrani, IDC analyst says Smart Watches are not for everyone and he also suggest to differentiate the experiences of Smart watch from the smartphones. IDC also refers to take the note of apple watch having a wide spread retail availability after limited online launch after 3rd Quarter 2015. IDC shares below the analysis of Top Five Smart watch Vendors: 1. Apple: Apple maintained its position as the overall leader of the worldwide smart watch market, yet it posted the second largest year-over-year decline among the leading vendors. Its first-generation Watches accounted for the majority of volumes during the quarter, leading to the significant downturn for the quarter. Its Series One and Series Two did little to stem that decline, although with lower price points and improved experiences, Apple could be heading for a sequential rebound in 4Q16. 2. Garmin Garmin posted the largest year-over-year increase among the leading vendors, thanks to its growing list of ConnectIQ-enabled Smart Watches and the addition of the fenix Chronos. Whereas other Smart Watches attempt to be multi-purpose devices, Garmin’s Smart Watches focus on health and fitness, and the applications reflect that strategy. Its total ...