Indian setting records of 23.8 Million, nearly double in Q3 in wearable market

by Ijlala Maqbool
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Indian Waeralbes market is flourishing out, even after the increasing shipping coasts and havocs of lockdown during the pandemic. The shipment for July to September interval got practically doubled, nearly 93%, compared to other 12 months.

This whole market has risen because of three main classes of wearables. Earwear took the introductory class with shipments worth 18.7 Million, with 77.9% year-over-year progress, containing wi-fi over-ear headphones, neckbones, and TWs buds headsets.

India Top 5 Earwear Firms, Market Share, Year-over-Year Development 2021 Q3 (Deliveries remain in Hundreds Of Devices)

Business3Q21 Market Share2Q21 Market ShareYear-over-Year system adjustment (3Q21 vs. 3Q20)
1. Envision Advertising And Marketing (Watercraft)480%455%1767%
2. Realme8.5%5.5%488%
3. OnePlus7.2%8.5%4.6%
4. Samsung5.3%7.9%-336%
5. Palred (Patron)3.7%5.1%819%

The other category was smartwatches, with a net worth of 456.3% compared to 12 months.

India Prime Three Wrist Band Firms, Market Share, Yr-over-Yr Progress 2021Q3 (Shipments are in 1000’s of Models)

Firm3Q21 Market Share2Q21 Market ShareYr-over-Yr unit change (3Q21 vs. 3Q20)
1. Xiaomi49.8%38.9%-27.2%
2. Titan16.7%21.3%37.7%
3. OnePlus10.8%21.7%

India Wearables Product Class Market Share, Yr-over-Yr Progress 2021Q3 (Shipments are in 1000’s of Models)

Product Class3Q21 Shipments3Q20 Shipments3Q19 ShipmentsYr-over-Yr Unit Change (3Q21 vs. 3Q20)
1. Earwear18,73810,5322,78777.9%
2. Wrist Band7389661,206-23.6%
3. Watch4,308774354456.3%

Resource: IDC’s India Regular monthly Wearable Tool Tracker, November 2021


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