Apple is at the top of the wearable technology market

Tech giant Apple is the top of the wearable device market. The company is in possession of 23 percent of the market for the welfare of smart watch.

Shawmo and Fitbitt are in second and third places. This information came from a study in the UK based market analysis firm Canalis.

Apple has sold 3.9 million wearable devices from July to September this year. At the same time, China’s technology-maker Shaomi has sold 3.6 million units and Fitbits has sold 3.5 million units.

According to a research report by Canalis, Shawmi occupies 21 percent and Fitbit 20 percent of the peripheral market. Huawei occupies the fourth position with 6 percent market share. Samsung has taken 5 percent of the market share in fifth place. The remaining 25 percent is in possession of other brands.

The third edition of Apple Watch has left quite a lot in the market. From July to September, the company sold 8 million units of Apple Watch series 3.

But the current market conditions are not good. In comparison, compared to last year, the sales of peripheral devices in the market decreased by 2 percent.

Source: GSM Arena