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...
16 Feb, 2025, 02.56 PM IST
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...
14 Feb, 2025, 02.46 PM IST
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...
14 Dec, 2024, 06.22 AM IST
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...
19 Nov, 2024, 08.05 AM IST
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 ...
18 Nov, 2024, 07.48 PM IST
Wearables brand Noise posts loss in FY24, revenue growth flat amid slump in sectorGurugram-based Noise, a wearables brand, reported a net loss of Rs 20 crore in the year ended March, compared to net profit of Rs 88 lakh i...
14 Nov, 2024, 05.40 PM IST
Wear and tear: India's smartwatch market struggles amid fading interestNot long ago, smartwatches and fitness trackers were a must-have in one’s digital wardrobe. But these devices are now falling out of favour...
18 Aug, 2024, 06.00 AM IST
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...
08 Aug, 2024, 10.58 PM IST
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 ...
07 Jun, 2024, 09.14 AM IST
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...
06 Jun, 2024, 08.39 PM IST
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...
22 May, 2024, 05.35 PM IST
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...
22 Feb, 2024, 08.52 AM IST
Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-upThe wearable market is anticipated to witness its slowest growth in 2024 since its inception in 2020, with market analysts predicting a sin...
17 Feb, 2024, 09.47 AM IST
India wearable market grows 34% in 2023: reportAccording to a report from IDC, the Indian wearable market recorded 134.2 million units in 2023. The average selling price of wearables dro...
16 Feb, 2024, 06.04 PM IST
Indian smartwatch brands turn to price cuts to gain market shareThe price war between smartwatch makers is most evident in the lower end of the market, which is where most companies have been launching m...
17 Aug, 2023, 10.17 AM IST
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...
10 Aug, 2023, 03.50 PM IST
How smartwatch addiction is driving some wearers to make serious changes to their habitsSmartwatch addiction hits differently compared with smartphone addiction because “while you can physically disconnect from a phone, the wat...
29 Apr, 2023, 11.00 PM IST