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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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Published
Mar 27, 2023
Author
Anshika Jain
Anshika is a Senior Analyst with Counterpoint Technology Market Research, based out of Gurgaon. She has more than 10 years of work experience in market research and business intelligence field. She led various research and consulting projects for multiple sectors including BFSI and Telecom. Apart from this, she also has key client handling experience with leading MNCs. She holds a Master's in Business Administration from IMT Ghaziabad, specializing in Finance; and a Bachelor's degree in Economics from Hansraj College, Delhi University.
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