Overview:
India smartwatch market grew 41% YoY in Q4 2023, led by Fire-Boltt with 30% market share and followed by Noise and boAt. While aforementioned OEMs drove the growth, newer OEMs like Fastrack, BeatXP, Boult supplemented the growth. The market saw over 60 active smartwatch OEMs in Q4 and over 380 active SKUs. This report analyses the shipments of smartwatches at model level and splitting them by ASPs, price bands, revenues along with channel split and all major specs.
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