According to Canalys Analyst Ashweej Aithal, "the local kings, such as Noise, Fire-Boltt, and boAt, have established a winning recipe to attain a quarterly shipment volume of more than a million units swiftly."
The global wearable band shipments were up 2.0% in the second quarter of 2022 at 41.7 million units, a return to growth following a decline of 3.7% in the first quarter.
The basic watches and smartwatches, categorised under wristwatches, grew 46.6% and 9.3%, respectively.
The wristwatch category continues to drive the development of the wearable band market, while basic bands suffered a big 35.5% decline in the second quarter of 2022. in the first quarter.
The basic watches and smartwatches, categorised under wristwatches, grew 46.6% and 9.3%, respectively.
The wristwatch category continues to drive the development of the wearable band market, while basic bands suffered a big 35.5% decline in the second quarter of 2022.
With exceptional shipping growth of 275%, powered by inexpensive watches, India's wearable band market performance was the standout in the second quarter, similar to the smart personal audio industry.
With 5.7 million units shipped, India became the largest basic watch market in the world, surpassing China in the second quarter of 2022 thanks to the basic watch category, which accounted for 91% of total wearable band shipments in the country.