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WEARABLES SHIPMENT DECLINE
Smartwatches drag India wearable market down for 5th straight quarter to 26.7 mn: IDCIndia's wearable market saw a dip. Sales fell by 9.4 per cent in April-June. Smartwatch and earbud supplies decreased. Boat led the market,...
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...
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...
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 set to be no. 1 wearables market in 2023Of the total 504.1 million units of wearables forecast to be shipped worldwide this year, India is expected to account for 130-135 million,...
Research companies raise India's wearables shipments forecastsIDC said India has the lowest ASPs for wearables, falling steadily from $31 in 2021 to a forecast of $23-25 by the end of 2023. The researc...
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...
boAt plans to float Rs 3,500-crore IPOUS based private equity fund Warburg Pincus is the largest investor in boAt with holding close to 30% stake. Other investors include Qualco...
Electronics brand boAt plans to float Rs 3,500-crore IPOWarburg Pincus, a US-based private equity fund, is the largest investor in boAt. It holds nearly 30% stake. Qualcomm Ventures and Fireside ...
Samsung pips Xiaomi to grab 2nd spot in global wearables marketThe South Korean tech giant moved ahead of China's Xiaomi for the first time to take the runner-up spot with a market share of 11.8 percent...
India wearables market grows 144% to 36.4 million units in 2020; 3rd largest globally: IDCOctober-December 2020 period was the biggest quarter for the wearables category in the country, maintaining triple-digit growth.
India market for wearable devices more than doubles in Q2The growth was attributed to ear-worn wearables, which include wireless earphones that track health and fitness or enable smart assistants.
Apple debuts at number two spot in global wearables market: IDCWithin months of its smartwatch launch, tech giant Apple is already at a "striking distance" with global leader in the wearable market, Fit...
Wearables, tablets to impact PC sales in emerging marketsCompetition from other devices such as phones, tablets, and wearable tech also pose an ongoing challenge to PC spending, it added.