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home / news releases / FIT - IDC: Wearables Volumes Nearly Doubled in Third Quarter


FIT - IDC: Wearables Volumes Nearly Doubled in Third Quarter

The market for wearable technology is seeing growth accelerate, thanks in large part to Apple expanding its portfolio with a slew of new products. Market researcher IDC has released its estimates for the wearables market in the third quarter, and they show that global unit volumes soared 95% to 84.5 million units. That's a massive spike compared to the 85% growth that the market registered in the second quarter.

Here's the latest data on the booming wearables market.

Apple launched AirPods Pro in October. Image source: Apple.

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Stock Information

Company Name: Fitbit Inc. Class A
Stock Symbol: FIT
Market: NYSE
Website: fitbit.com

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