Now Xiaomi is worlds second largest supplier in wearable devices

According to a new report from market research firm IDC, a total of 11.4 million wearable devices have been shipped during the first quarter of the year, a threefold increase compared to the 3.8 million wearable devices shipped during the same period a year ago.

The report also indicates that Android Wear smartwatches aren't by far as successful as Google would want them to be, while also revealing that fitness bands are currently much more popular than smartwatches. 

The report also ranks the world's largest wearable vendor based on shipments, but please note that the data only takes into account shipments made during Q1 2015. That's before the Apple Watch became available for purchase.

According to IDC, Fitbit was the largest wearable vendor during the first quarter of the year, having shipped 3.9 million wearable devices during the time period, up from just 1.7 million devices a year before. That translates into a market share of 34.2 percent, down from 44.7 percent back in Q1 2014, when the wearable device market was still in its infancy, with much fewer players aiming to compete in it.

Xiaomi takes the second place, with 2.8 million units shipped in Q1 2015 and a market share of 24.6 percent. Xiaomi's position in these rankings is fairly interesting, given that the company currently sells a single wearable device, the $15 Mi Band.

Samsung grabbed the fourth place in IDC's rankings, and is estimated to have shipped 0.6 million units during the first quarter of the year. Samsung is the only Android Wear smartwatch manufacturer in the top five. At this point, it's worth mentioning that Samsung currently makes six smartwatches, but just one of them - the Gear Live - uses Android Wear, the rest being based on Tizen.

With the Apple Watch launched this past April, future rankings will probably look very different. Apple has yet to disclose the number of units that it has shipped thus far, but we'll be very surprised if the company doesn't jump straight to the first place in these rankings the next time around.

source: IDC