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SMARTWATCH SHIPMENTS DECLINE
Smartwatch shipments plunged 30% in 2024: ReportThe steep decline was blamed on a slower replacement cycle due to limited innovation in lower-price segments, poor sensor accuracy, unclear...
Chinese gear companies take on Indian wearable brandsChinese companies are rapidly advancing in the Indian wearables market, dominating high-sales audio segments and pricier smartwatches. Indi...
India's wearable device market declined in 2024 for the first time, shows IDC dataThe smartwatch share within wearables dropped to 29.4% from 39.8 % in 2023. The lack of meaningful innovations and technological advancemen...
India wearable device shipments dip for third consecutive quarter: IDC dataAccording to IDC's report, smartwatch shipments dropped by 34.4% during the quarter, marking the largest decline among wearable devices. Th...
Indians turning clock back on smartwatches; shipments fall 45%YoY in the September qtrIndians are rediscovering the charm of analogue watches. Smartwatch sales are declining. Consumers want simpler, more elegant timepieces. E...
Small, homebred wearables brands exiting market due to narrow margin, Chinese competitionSeveral Indian wearable brands, including Play, Wings, Vingajoy, and Riversong, have ceased operations due to declining demand and low prof...
Wearables shipments down 21% on year in July-Sep: IDCAccording to data from market research firm IDC, shipments in the three-month period fell 20.7% year on year, with smartwatches witnessing ...
July-Sept wearables shipment down 30% as brands clear inventoryWearable brands faced a decline in demand during the recent festive season. Shipments dropped as brands reduced inventory. Boat, a leading ...
India's wearable device market sees first ever decline; falls by 10% YoY Q2 2024India's wearable market saw a 10% decline in Q2 2024, with total shipments falling to 29.5 million units. Smartwatch demand decreased signi...
Smartwatch companies turn to premium buyers looking for upgradeLeading smartwatch brands like Noise, Boult, and Boat are targeting repeat buyers with premium hardware to increase average selling prices ...
India smartwatch shipments stagnates in Jan-Mar quarter, Apple Watch grows 3 timesSmartwatch shipments in the Indian market stagnated for the first time in the January-March quarter, with top players Fire Boltt, Noise, an...
Wearable devices market sees growth slowdown amid fall in smartwatch shipmentsThe wearable devices market in India saw a modest growth of 2.1% year-on-year in the quarter ending March 2024, reaching 25.6 million units...
India: Apple's wearable, laptop & tablet business fails to match iPhone's impressive growth in 2023Apple's smartwatch business in India registered a marginal 3% growth in revenues and shipments in 2023 while iPad shipments and revenues de...
India wearables market shipments up 53% in 1H: IDCThe Indian wearables market shipped 57.8 million units in the first half of 2023, achieving a strong 53.3% on-year growth with smartwatches...
India's Fire-Boltt surpasses Samsung for first time in global smartwatch shipmentsWhile the global smartwatch market entered into a period of stagnation since the end of last year, the market share of high-price and high-...
India wearables market jumped 80.9% on-year in 2022, Boat the leader: IDCThe on-year growth came on the back of improved supplies, leaner inventory, and multiple new launches, along with a faster portfolio refres...
India Q3 wearables shipments rise a record 56.4% on year: IDCSmartwatches remained the fastest growing category among wearables, crossing 12 million shipments in the third quarter ended September 2022...