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Rephrase the title:Boat Takes 2nd Spot After Apple In Global Wearable Shipments For Q3: IDC

Posted on December 6, 2023 By Haley Bennett

Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:

The landscape of wearable devices is undergoing a rapid transformation, with tech giants like Apple, Xiaomi and Samsung vying for supremacy. However, in a significant turn of events in 2023, an Indian contender has emerged as a potent force in the global race for wearable devices.

According to the IDC Worldwide Quarterly Wearable Device Tracker Q3 2023 report, boAt has secured the second spot among the world’s largest wearable device manufacturers by volume (number of units shipped.) The report indicates a 2.6% growth in worldwide shipments of wearable devices during Q3 2023, reaching an unprecedented 148.4 million units.

Here is list of Top 5 Wearable Device Companies:

1) Apple

2) boAt (Imagine Marketing)

3) Xiaomi

4) Samsung

5) Huawei

For the first time, boAt is in 2nd place in terms of wearable categories like watches, bands, earphones, and headphones.

It is worth noting that there is a… pic.twitter.com/FjO2Y3gLZE

— Utsav Techie (@utsavtechie) December 5, 2023

Market Dynamics

While Apple maintained its dominance with 29.9 million shipments, capturing a 29.9% market share in Q3 2023, the noteworthy surprise came from India’s boAt, under the umbrella of Imagine Marketing, securing the second position with 9.6% of the market and 14.3 million shipments. This ascent marks a significant leap from being the 5th largest wearables brand globally in Q2 of the previous year. Xiaomi claimed the third spot with 11.6 million shipments and a 7.8% market share, followed by Samsung (10.7 million shipments, 7.2% market share) and Huawei (8.5 million shipments, 5.7% market share).

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Live now on Amazon and boAt’s official website at a special launch price of Rs 1299. pic.twitter.com/Bl2WadxJUp

— boAt (@RockWithboAt) October 25, 2023

IDC Insights

The International Data Corporation’s report highlights the overall volume growth, surpassing the shipments of Q3 2021 (142.1 million) and Q3 2022 (144.6 million). IDC attributes this surge to the proliferation of smaller brands and emerging categories, signifying a diverse and dynamic landscape in the wearable tech industry.

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Hurry, this won’t haunt you forever! pic.twitter.com/EALTpb3WrE

— boAt (@RockWithboAt) October 21, 2023

SEE ALSO: Google’s Gemini: A Powerful Next-Gen Model Postponed To January For Enhanced Performance

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

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