According to a research, the first quarter of 2022 saw a respectable 2.0% increase in shipments of wearable bands globally. The expansion caused the shipment volume to increase to 41.7 million units, which marked a return to growth following a decrease of 3.7% in Q1. With a 15% share for the first time, India remained third in overall wearable band shipments, behind only China and the United States.
In Q2 2022, shipments of wearable bands climbed globally by 2.0% to 41.7 million units, according to a recent Canalys research. Shipments of conventional timepieces and smartwatches increased by 9.3% and 46.6%, respectively. However, in Q2 2022, sales of basic smart bands fell precipitously by 35.5%.
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."Vendors can meet the existing demand wit
Vendors can meet the existing demand wit
h the aid of high affordability and attractive designs targeted at young, educated consumers. But to take advantage of devices and health features, people frequently need to engage with them more deeply. Users will soon demand better hardware and health features, like more accurate monitoring and better health data. In order to avoid disappointing customers and maintain growth, Aithal continued, "Vendors must anticipate this shift in people's needs.