The SmartWatch market in India witnessed a delivery of device delivery in Q3, led by brands such as noise and boat, at a 159% growth rate in the third quarter, according to the research report.
The year-on-year growth (YoY), the market jumped 293%, with domestic brands contributing to 75% of sales in Q3, compared to 38% in Q3 2020.
The noise maintained the top position for the five consecutive quarters.
The boat is second with the remaining spice storms the most popular model.
Fire-Boltt got a third place and became the most rapidly developing smartwatch brand of this quarter with QoQ growth of 394%.
According to the report, Spurt in the growth of the SmartWatch market can be associated with “promotions on various platforms along with new launches, which contribute around 28% of the total market in terms of delivery.” Noise saw 231% YoY and 141% QOQ growth in Q3 2021, capturing 25% of the market while the boat grew 132% Qoq with a market share of 24%.
Realm’s performance, Amazfit, Samsung and Applesoming to other brands.
RealMe enrolled 267% of QOQ growth in Q3 2021, and took fourth place in the market with a share of 7%.
Series 2 series by the company proved popular and contributed more than 70% of the company’s delivery.
Apple saw 289% of this quarter QoQ growth with the most contributing SE Series series.
Amazfit saw QOQ 54% growth with GTS 2 mini into this most popular quarter product.
Samsung grew 153% QoQ and 40% YoY this quarter with the Galaxy Watch Active 2 contributed more than half of Samsung’s shipments on Q3 2021.
The Indian smartwatch market saw a record delivery in Q3 with 159% growth: report
