India Smartwatch Shipment by Model Tracker, Q4 2023

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Mar 28, 2024

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.

Table of Contents:

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Category

Industry

IoT

Report Type

Report

Summary

Published

Mar 28, 2024

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Author

Harshit Rastogi

Harshit Rastogi is an Analyst based out of Gurgaon, India. He closely tracks global handset market ecosystem and wearables. He has over 4 years of experience analysing trends and deriving strategic insights for key stakeholders.

Mahima Jatwala

.Mahima Jatwala is a Research Associate at Counterpoint, specializing in Smartphones, and Smart Wearables. She holds an PGPM in Marketing from IBS and a Bachelor of Commerce degree from Calcutta University. With over three years of experience, Mahima has developed expertise in analyzing technological advancements and market trends within the device ecosystem.

Anshika Jain

Anshika is a Senior Analyst at Counterpoint Technology Market Research with over 13 years of experience in market research and business intelligence. She currently leads the Global Consumer IoT domain, focusing on wearables, hearables, smart home, and emerging technologies. Previously, she managed various research and consulting projects across sectors such as BFSI and Telecom. Additionally, she has significant client-handling experience with major multinational companies. Anshika holds an MBA in Finance from IMT Ghaziabad and a Bachelor’s degree in Economics from Hansraj College, Delhi University.