The wearable market lately shows much promise in smart wearable technology adoption. "Basic bands" are defined as "devices serving a specific set of purposes that act as accessories to smart devices, are designed to be worn on the body and not carried and cannot run third party computing applications." Fitbit leads this market with 3.7 million shipments in Q2 of 2016. Xiaomi is just behind with 3 million shipments while Garmin finds itself as the #3 basic band provider and shipped 700,000 units in the same period. According to Canalys' research, Fitbits number of basic bands shipped...
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