In accordance with the latest IDC report, wearable shipments throughout the January-March period of time in India have improved by around 80% on a yearly foundation. The complete units transported for the period were 4.2 million. The wearable solution category includes earwear, wrist bands, and watches.
Breaking down the shipments by solution classification, earwear topped the chart with 3 million units, adopted by wrist bands which stood at 1 million although the look at sector managed only 200,000 shipments.
| Products Classification | Q1 2019 shipments (in thousands and thousands) |
Q1 2019 Market place share |
Q1 2020 shipments (in millions) |
Q1 2020 Marketplace share |
Yearly Development |
| Earwear | .8 | 32.8% | 3. | 70.8% | 289.2% |
| Wrist Band | 1.4 | 60.9% | 1. | 24.2% | -28.% |
| Enjoy | .1 | 6.3% | .2 | 5.% | 43.3% |
| Full | 2.3 | 100.% | 4.2 | 100.% | 80.6% |
| Supply: IDC | |||||
Earwear was by considerably the greatest expanding sector for the interval with an estimated 289% annually enhance in shipments and an in close proximity to 71% marketplace share of all wearables. Coming in at a distant next is the enjoy class which grew by 43.4% but only captured 5% of the Q1 industry share. Wrist band shipments declined by about 28% even though their current market share stood at 24.2%.
Breaking down the marketplace share by manufacturers, boAt audio preserved a 23.9% market share in the earwear sector, somewhat ahead of Samsung which managed 23.6%. In terms of TWS earphone shipments, Samsung came out in initial location, adopted by Apple.
Xiaomi was the dominant player in the wrist band industry taking a 41.9% share, its closest rival was US-dependent GOQii electronics. In the smartwatch realm, Huami came out on prime with a 22.4% marketplace share, followed by Fossil with 17.9% and Apple with 17.7%.
