Page 2 - Smart Wearables Market

Homegrown BoAt, Noise working on in-house R&D to fend off Chinese rivals

Boat and Noise have increased investments in research and development even as Chinese brands have begun inching into the top five

Indkal eyes 3x revenue growth to Rs 1,150 cr with foray in smart wearables

Bootstrapped start-up Indkal expects over three-fold growth in revenue this fiscal to Rs 1,150 crore, driven by its foray into the smart wearables segment with its brand Wobble, a senior company official said. Electronics hardware design firm Indkal Technologies Founder and CEO Anand Dubey told PTI that the company became profitable in just 18 months of operations and clocked a turnover of about Rs 330 crore in the last financial year. "We stick very closely to the basics of business, which is to maintain high quality and then not be dilutive on price points to gain market share. This year, we're expecting to reach about Rs 1,150 crore in turnover," Dubey said. The company designs consumer electronic goods for companies like Acer and Black & Decker and gets them manufactured from electronic manufacturing services companies. IndKal plans to launch its own smart wearables brand Wobble around Diwali, from which the company expects a revenue of Rs 250-300 crore in the current ...

Samsung may introduce Galaxy Ring fitness tracker at Unpacked event in 2024

Samsung is reportedly working on a smart ring with health and fitness tracking capabilities that is expected to launch alongside Galaxy S24 series at the Galaxy Unpacked event early next year

Nothing to debut sub-brand CMF on Sept 26, opens community review program

Through the CMF, Nothing plans to introduce an affordable range of products in a bid to make its uniquely designed products accessible to a wider group of consumers

Smartwatch prices drop in India as brands try to secure higher market share

Although the margins are higher on expensive products, the average selling price of smartwatches was at an all-time low in the June quarter

India wearables market grows 53.3% in first half of CY2023: Report

Average selling price of smartwatches declines 44.9% as new launches increase, it says

Noise unveils smart wearable Luna Ring: What is it, features, and more

The Luna Ring would offer a battery life of up to 7 days on a 60-minute charge, said Noise

Boult Audio expects business to double to Rs 1,000 cr this fiscal

Smart wearable device maker Boult Audio expects 100 per cent growth in revenue to Rs 1,000 crore this fiscal on the back of expansion in sales channels and growth in the smartwatches category, a top company official said. Boult Audio Founder and CEO Varun Gupta told PTI that its overall audio category business grew by over 30 per cent but the smartwatch category is growing in triple digits. "We are expecting 100 per cent growth. We are planning to get offline and go further, deeper into online marketplaces. We are scaling up our D2C platform which means retailing on our own website. Smartwatch is a category which is exploding and growing at a triple-digit number. That gives us an impetus and push to launch our brands in this category," Gupta said. The company's business grew about 66 per cent in 2022-23 to around Rs 500 crore and it expects revenue to grow to Rs 1,000 crore with a four-fold jump in sales of smartwatches. Gupta said that in 2021-22, its entire revenue came from audi

TMS Ep473: Google vs CCI, wearables export, FII buying, Chandrayaan-3

Why is Google attacking CCI? Can India become a wearables powerhouse? Will the FII buying spree continue? What is Chandrayaan-3 mission? All answers here

Lower penetration, affordability to make India top wearables market in 2023

While India has big numbers to its credit, wearables sold in North America and China are relatively costlier and come with high-level operating systems such as Apple's WatchOS and Google's Wear OS

Gizmore launches new smartwatch with Ultra HD Curve display at Rs 1,299

Homegrown smart accessories brand Gizmore has launched its latest 'Made in India' smartwatch, featuring a 1.39 inch (3.54 cm) Ultra HD Always ON curve screen and a premium sleek and slim metal body

Fitbit Versa 4 review: Fitness focussed, but falls short on smart features

The Fitbit Versa 4 is a quintessential fitness wearable that could have been a smartwatch, if it had smart features

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

Qualcomm teaser shows next-generation wearable SoCs with Snapdragon 4100+

The most recent Snapdragon Wear 4100+ is built on the 12nm process and included a new co-processor to help handle more background tasks like sensor input and sound

India wearables market logs 23.8 million units shipment in Q3: IDC

India's wearable market grew 93.8 per cent year-on-year (YoY) in the July-September 2021 quarter, shipping 23.8 million units, as per data from IDC India. Despite the logistic challenges and increase in freight costs, vendors remained aggressive in their shipments and were able to manage the inventory for the upcoming month-long festival sales, IDC said. Shipments in September surpassed 10 million, growing two-fold from the same month last year, resulting in a record quarter for wearable devices in India, it added. Watches continued to be the fastest-growing category with 4.3 million shipments in the third quarter, while wristbands saw a seventh consecutive quarter of annual decline to 738,000 units, IDC said. Truly Wireless (TWS or earbuds) devices reached a 39.5 per cent share of the earwear segment (18.73 million units shipment) in the quarter under review, but the market remains dominated by over-the-ear and tethered devices, it added. While seasonality made Q321 the biggest .

Realme Watch 2 Pro review: A low-cost smartwatch to watch out for

The Realme Watch 2 Pro offers a great battery life and screen for its price, but it lacks customisation and better tracking abilities

India's wearable market logs over 118% growth to 11.2 mn units in Q2: IDC

India's wearables market grew 118.2 per cent year-on-year in the June 2021 quarter at 11.2 million units with strong shipments from homegrown brands in earwear and watches fuelling this growth

OnePlus ropes in Jasprit Bumrah as brand ambassador for wearables

Premium smartphone brand OnePlus on Friday said it has roped in cricketer Jasprit Bumrah as the brand ambassador for its wearables category. "The partnership with Bumrah reiterates the brand philosophy of 'Never Settle' and the company's pursuit towards perfection. For young India today, Bumrah represents a passion for a healthy, fit, and an active lifestyle while believing in constantly becoming better, a philosophy that truly resonates with what OnePlus stands for," a statement said. The OnePlus wearables category includes the OnePlus Watch and OnePlus Band. "As a brand, OnePlus has always believed in challenging itself, constantly redefining standards and delivering on our promise to 'Never Settle.' A disruptor throughout his career, we see these ideologies reflected in Jasprit, his grit and his determination," a OnePlus India spokesperson said. The association will include a 360-degree campaign and will be kickstarted by a OnePlus x Jasprit Bumrah digital film on OnePlus India

India wearables market touches 11.4 mn units in March 2021 quarter: IDC

The Indian wearables market grew 170.3 per cent year-on-year to a record 11.4 million units in the March 2021 quarter, as per research firm IDC.

Fastrack launches fitness band, headphones, earbuds under Reflex portfolio

Reflex 3.0 is the newest smart band from the company that comes in dual tone with more than ten sports modes tracker