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SMARTWATCH DECLINE
Titan shares rally on strong Q4 jewellery biz growthTitan Company shares surged to a record high on Wednesday. This jump followed a strong business update for the March quarter. The jewellery...
Amid elevated gold prices, Titan logs 46% revenue growth in Q4; jewellery sales rise 52%Titan Co Ltd reported a strong 46 percent revenue growth in the March quarter of FY26. The jewellery division, a major contributor, saw sig...
Smartwatch boom cools off in 2025Smartwatch shipments in India have declined for five consecutive quarters, dropping 33% year-on-year in Q1 2025. The industry is shifting f...
Smartwatch supplies to India drop 30 pc in 2024 on unsatisfactory experience, lack of innovation: ReportSmartwatch supplies to India dropped 30% in 2024 due to unsatisfactory user experience and lack of innovation. While low-cost brands like F...
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 ...
Alarm bells at wearables companies as slump extends to this fiscalIndia’s wearables market has been on a downturn for over a year, affecting major brands like Boat and Boult. Boat reported a 5% revenue dro...
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 ...
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 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...