IDC: 4.2 million wearables shipped in India during Q1

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According to the latest IDC the report, wearable shipments during the January-March period in India has increased by more than 80%, on an annual basis. The total units sold for the period amounted to € 4.2 million. The wearable product category is made up of earwear, wrist bands, and watches.

The breakdown of shipments by product category, earwear at the top of the chart by 3 million units, followed by the wrist bands, which stood at 1 million euros, while the watch making industry was only 200,000 items.

Product CategoryIn Q1 of 2019, shipments
(in millions)
The Q1 2019
Share
In Q1 2020, shipments
(in millions)
In Q1 of 2020
Share
The Annual Growth Rate
Earwear0.832.8%3.070.8%289.2%
The Wrist Band1.460.9%1.024.2%-28.0%
Check out0.16.3%0.25.0%43.3%
In total2.3100.0%4.2100.0%80.6%
Source: IDC,

Earwear it was, by far, the largest growing sector for the period of time estimated to be 289% annual growth in shipments and in the neighborhood of 71% of the market share of all communication. Coming in at a distant second is in the watch category, which grew by 43.4%, but it only captures 5% of the Q1 market. The wrist band shipments fell by more than 28%, while their share of the market amounted to 24.2%.

The breakdown of the market share of the brands will, ship the audio to maintain a 23.9% share of the market in the earwear sector, with a slight advantage to Samsung, who managed to 23.6%. In terms of the TWS earphone shipments, Samsung came in first place, followed by Apple.

Xiaomi has been the dominant player in the bracelet market, a 41.9% of the outstanding shares, its closest rival, US-based GOQii to electronics. In the smartwatch realm, Huami on the top of the league with a 22.4% market share, followed by Fossil fuel, with 17.9%, and Apple with 17.7%.

IDC: 4.2 million wearables shipped in India during Q1

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