India wearables market grows 144.3% in 2020: IDC

| | New Delhi
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India wearables market grows 144.3% in 2020: IDC

Friday, 05 March 2021 | IANS | New Delhi

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.”2020 was a year of transition in the audio segment from wired to wireless devices,” said Jaipal Singh, Associate Research Manager, Client Devices, IDC India.

“In 2021, this category will further migrate to more sophisticated devices with enhanced audio experience being the central theme for all vendors,” he added.Earwear device shipments grew more than threefold in 2020 compared to the previous year, mainly driven by the affordable launches, and expanding use cases beyond entertainment like virtual meetings and e-learning requirements.

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