India wearables market grows 144.3% in 2020: IDC
By IANS |
Published on
Thu, Mar 4 2021 15:06 IST |
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Audio equipment maker JBL by HARMAN, owned by South Korean tech major Samsung Electronics, on Tuesday launched C100TWS its latest true wireless earbuds in India.. Image Source: IANS News
New Delhi, March 4 : Driven by record shipments of hearables and watches, the India wearables market posted 144.3 per cent year-over-year (YoY) growth in 2020, exiting the year with 36.4 million unit shipments, industry tracker International Data Corporation (IDC) said on Thursday.
India was the only country in the top 20 to see triple-digit growth in wearables in 2020 and continues to be the third-largest wearables market globally, showed IDC Worldwide Quarterly Wearable Device Tracker.
India wearables market more than doubles in 2020: Data firm IDC business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Digital transformation scripting makeover of Indian fitness industry January 23, 2021, 12:24 PM IST
Jitendra Chouksey is Founder of FITTR.
The Indian fitness industry has grown steadily over the last couple of years. Several studies of the Indian retail fitness services market estimated that there are approximately six million active users in the country. These users are spending in the range of $350 to $400 on fitness services annually, making this industry a $2.6 billion market.
However, the scenario was different until a few years ago. The fitness industry in India was unorganized and fragmented, with access to top-of-the-line fitness offerings mostly restricted to urban areas. In addition to this, many of these services were heavy on the pocket, especially for the Indian middle-class. This began changing considerably when the fitness industry embraced technology. A clear push towards digital transformation is visible towards making fi