Samsung to conquer 2nd place for smartwatch sales in Indian market

Samsung is here with a boost and ready for blazing the Indian Smartwatch market in India, after the slow-paced year 2021 the electronics market in India is also catching and matching up its speed. Let us look at various facts and figures which will drive us to know more about smartwatches sales for sure.

According to the latest report revealed by counterpoint, says that the Smartwatch market has grown and has counted a 24% year-on-year increment in the budget-friendly market with a minimalistic and reasonable offering in the Sub-100 dollar category.

The smartwatch manufacturing brands such as Samsung, Amazfit, and Garmin have recorded a higher percentage of the sale in the budget buying market. However, Apple remains to be the undisputed one.

The Indian Company “Noise” which is also the leading smartwatch manufacturer and seller in India, has also contributed to increasing the smartwatch market sales in India.

Counterpoint: Reports from Seoul, Beijing, Boston, London, Toronto, New Delhi, Hong Kong, Taipei – on March 14, 2022.

Counterpoint Research’s recently published the Global Smartwatch Model Tracker, which says that after the sluggish performance in the years 2020 and 2021, COVID-19 pandemic. It says Q4  saw a  massive shipment of about 40 million units in the smartwatch market, which is the highest shipment recorded till now.

“Sujeong Lim”, who is an Associate Director and a Counterpoint writer says ” The Global smartwatch’s good growth in 2021 is meaningful in itself, but it is more meaningful in that, it makes us look forward to future growth. With their ability to monitor important health parameters like blood pressure, ECG, and SPO2, these devices are being popular. Further, the attractiveness of smartwatches as the independent wearable devices will increase if more of them start supporting cellular connectivity.”

Our platform does not predict which one is the best and would be the one that is best for you. Nowadays the smaller brand manufacturers are competing for the most by launching their budget-friendly smartwatch and secondly, the health-related apps are also driving the growth of smartwatches.