Counterpoint: India’s smartwatch market saw record shipments in Q2

The smartwatch market in India saw a record-breaking Q2 with a fourfold increase in shipments compared to the same time last year as per the latest Counterpoint Research report. The increasing demand for smartwatches is driven by strong consumer demand and multiple high-profile launches with brands continuing to grow their online and offline presence. A record one-third of all smartwatches were sold offline. A total of 50 new smartwatch models were launched during the period and half of all sales were in the sub-INR 3,500 ($44) price category.

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