Overview:
Smartwatch shipments registered 125% YoY growth in Q1 2023. The Indian brands captured 94% share the highest ever. The share of domestic manufacturing rose to 55% in Q1 2023. Fire Boltt captured the top spot with Fire Boltt Talk 3 being the best-selling model for the quarter. Noise and boAt (along with its sub-brands) captured second and third position, respectively. In this report, we have analyzed this market in detail covering brands strategy, price band analysis, market drivers along with forecast.
Table of Contents:
- Market Overview and TAM (Q1 2022 – Q1 2023)
- Top 10 Brand’s market share (Q1 2022 – Q1 2023)
- New Entrants (Q1 2022 – Q1 2023)
- Price Band Analysis (Q1 2022 – Q1 2023)
- Brand Share by Retail Price Band (Q1 2023)
- Best Selling Models – Top 10 (Q1 2023)
- Average Selling Price Trends (Q1 2022 – Q1 2023)
- Update on Domestic Manufacturing
- Forecast till 2025
Number of Pages: 13
Published Date: June 2023