India wearables mkt grows 56.4% YoY; 37.2 mn units shipped in Q3FY22: IDC

Smartwatches remained the fastest-growing category, recording 178 per cent YoY growth while earwear accounted for 67.3 per cent of the overall wearables category

India’s wearable market grew at a record 56.4 per cent YoY (year on year), shipping 37.2 million units in the third quarter of 2022 (July-September), according to a recent report.

Data from the International Data Corporation’s (IDC) Indian Monthly Wearable Device Tracker shows that the wearables market was led by BoAt, with 32.1 per cent market share, followed by Noise (13.8 per cent) and Fire-Boltt (8.9 per cent).

OnePlus was in fourth place with 8.2 per cent market share while Realme took the fifth spot.

Smartwatches remained the fastest-growing category, recording 178 per cent YoY growth while earwear accounted for