Friday, 11 August 2023

IDC: India's wearable market grew 53% in the first half of 2023

India's smart wearables market grew rapidly in the first half of 2023. Per IDC's latest numbers, the sector recorded a 53% year-over-year increase in sales. Over 57.8 million smart wearables were shipped in 1H23 with smartwatches making a big jump in popularity, reaching 40% of the total share - up from 26.8% a year ago. Let's take a look at the numbers from the second quarter. A total of 32.8 million wearables shipped in Q2 - a growth of 37.2% year-over-year and 30.6% over Q1. Smartwatch shipments nearly doubled from 6.4 million in Q2 of 2022 to just under 12.8 million in Q2 of...
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