Overview:
The latest research from Counterpoint’s IoT service reveals that India smartwatch shipments grew steadily until Q3 2022 but fell 36% QoQ in Q4. The Q3 2022 saw a big rise because most of the brands pushed high inventories into the channel ahead of the festive season. Noise took the top spot with 26% market share. Almost 350 smartwatch models were sold and the top five captured 18% of the market. This report analyses the shipments of smartwatches splitting them on ASPs, price bands, and revenues along with channel split. It also includes model and specs level analysis.
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Author
Anshika Jain
Anshika is a Senior Analyst at Counterpoint Technology Market Research with over 13 years of experience in market research and business intelligence. She currently leads the Global Consumer IoT domain, focusing on wearables, hearables, smart home, and emerging technologies. Previously, she managed various research and consulting projects across sectors such as BFSI and Telecom. Additionally, she has significant client-handling experience with major multinational companies. Anshika holds an MBA in Finance from IMT Ghaziabad and a Bachelor’s degree in Economics from Hansraj College, Delhi University.
Harshit Rastogi
Harshit Rastogi is an Analyst based out of Gurgaon, India. He closely tracks global handset market ecosystem and wearables. He has over 4 years of experience analysing trends and deriving strategic insights for key stakeholders.
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