One chart shows Apple dominating the smartwatch market (AAPL)

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. 

 Chart of the Day 9/6Anaele Pelisson/Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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