Factbox: Fight for fitness - With Fitbit, Google takes on Xiaomi, Apple, Samsung [Reuters (UK)]
FITBIT INC (FIT)
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Source: Reuters
Factbox: Fight for fitness - With Fitbit, Google takes on Xiaomi, Apple, Samsung - Reuters 3 Min Read (Reuters) - Competition in the wearable market is taking a turn as Alphabet Inc-owned Google buys Fitbit Inc in a bid to take on Apple and Samsung. Google agreed to buy Fitbit for $2.1 billion as it looks to introduce “Made by Google” wearable devices into the market. Here is a snapshot of the projected growth in the wearable market, according to research firm Statista. Revenue and users: Interactive graphic on wearable market projected users and revenue: tmsnrt.rs/2N5eApO Major markets: Interactive graphic on major global markets for wearables: tmsnrt.rs/2PzlhlH Interactive graphic on top makers of wearables by market share: tmsnrt.rs/2BzkJ75 The top 5 companies- 1. Xiaomi’s Mi Smart Band 4, priced at 39.99 euro ($44.64), comes with heart rate and proximity sensor to allow some touchless operation. 2. Apple Inc’s Apple Watch Series 5 starts at $399 and includes an electrical heart
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