India becomes world's biggest smartwatch market with 171% YoY growth
Shortpedia
Content Team
Image Credit: NewsBytes
India has broken the North American hegemony to take the top spot in the global smartwatch market, according to Counterpoint. The country's market saw year-over-year growth of 171% in Q3 of 2022. It was the growth of local brands and the increased availability of affordable models that drove India's journey to the top. Meanwhile, the global smartwatch market registered a 30% YoY growth.
