India’s smart devices market to register 10-13% volume growth in 2024 as adoption remains low: Techarc

NEW DELHI: India’s smart devices market is expected to register a 10-13% volume growth and 15-18% value growth in 2024 compared to 2023 as their adoption largely remains low across several categories, according to the latest report released by Techarc on Wednesday.

“However, if the original equipment manufacturers (OEMs) are able to address the concerns of consumers and increase the proposition value for them across these devices, the growth can further be widened,” the research firm said in its report.