India TWS Q4 2022 Market Analysis

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Mar 27, 2023

Overview:

India’s TWS market shipments registered 85% YoY growth in 2022, according to the latest research from Counterpoint’s IoT service. Increasing local manufacturing helped drive the shipments, apart from timely sales events, frequent affordable offerings, and entry of new players. Domestic manufacturing captured a 30% shipment share in 2022, compared to just 2% in 2021. The average selling price dropped by 20% YoY in 2022. Indian brands reached their highest-ever share of 80%. In this report, we have analyzed this market in detail covering brands strategy, price band analysis, market drivers along with forecast.

Table of Contents:

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Category

Industry

IoT

Report Type

Report

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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