After smartphones, pandemic hits India’s wearable market
NEW DELHI: After a decline in smartphone shipments during January-March, India’s wearables market also witnessed a drop in the last quarter following nine straight months of solid growth. While the market grew on a year-over-year (YoY) basis, it dropped 24.9% as compared to the fourth quarter of 2020, said a report by the International Data Corporation (IDC). The wearables market in India includes wristbands, smartwatches, and earwear products, like true wireless headsets.
“The second wave of the pandemic has caused a sudden stir across vendors and channel partners, impacting the planned launches to postpone and delay in deliveries.