India beats China, becomes second largest smartwatch market globally for the first time
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Riding on homegrown brands, India has piped China to become the second largest smartwatch market globally for the first time, growing 347% (year-on-year), a new report showed. Indian brands such as Fire-Boltt and Noise took top spots in the global market share, as smartwatch market's shipments grew 13 per cent in the June quarter amid macro uncertainties such as inflation and geopolitical conflicts, according to Counterpoint Research.