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)
| Business | 3Q21 Market Share | 2Q21 Market Share | Year-over-Year system adjustment (3Q21 vs. 3Q20) |
| 1. Envision Advertising And Marketing (Watercraft) | 480% | 455% | 1767% |
| 2. Realme | 8.5% | 5.5% | 488% |
| 3. OnePlus | 7.2% | 8.5% | 4.6% |
| 4. Samsung | 5.3% | 7.9% | -336% |
| 5. Palred (Patron) | 3.7% | 5.1% | 819% |
| Others | 273% | 275% | 684% |
| Complete | 100% | 100% | 779% |
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)
| Firm | 3Q21 Market Share | 2Q21 Market Share | Yr-over-Yr unit change (3Q21 vs. 3Q20) |
| 1. Xiaomi | 49.8% | 38.9% | -27.2% |
| 2. Titan | 16.7% | 21.3% | 37.7% |
| 3. OnePlus | 10.8% | 21.7% | – |
| Others | 22.7% | 18.1% | -54.9% |
India Wearables Product Class Market Share, Yr-over-Yr Progress 2021Q3 (Shipments are in 1000’s of Models)
| Product Class | 3Q21 Shipments | 3Q20 Shipments | 3Q19 Shipments | Yr-over-Yr Unit Change (3Q21 vs. 3Q20) |
| 1. Earwear | 18,738 | 10,532 | 2,787 | 77.9% |
| 2. Wrist Band | 738 | 966 | 1,206 | -23.6% |
| 3. Watch | 4,308 | 774 | 354 | 456.3% |
| Complete | 23,783 | 12,272 | 4,447 | 93.8% |
Resource: IDC’s India Regular monthly Wearable Tool Tracker, November 2021
