The Indian wearables market has continued to perform well in 2024, reporting a 2.1% year-on-year growth in Q1 2024. The wearables market recorded double-digit growth in 2023. According to a report by the International Data Corporation (IDC), 25.6 million wearables were shipped in Q1 2024. Wearables include smartwatches and earwear such as truly wireless earbuds (TWS) and neckbands. While a small growth has been recorded in the first quarter, the growth was hindered by high inventory carried over from the festive season in 2023.
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India , Anand Priya Singh , International Data Corporation , Market Analyst , Smart Wearable Devices ,
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