India’s smartwatch market has seen significant year-on-year growth of 173% in the first quarter of 2022, as per the latest Counterpoint Research report. The report also reveals that Noise led the market with a 23% market share. Here are all details.
It has been revealed that Noise’s Colorfit Pulse became its best-selling smartwatch during Q1 2022. The company was followed by Fire-Boltt, which took the second spot with a market share of 21%. The reason for this is attributed to a number of recent launches by the company.
boAt acquired a 17.8% market share and stood in the third position, coming down from the second position in Q1 2021. It recorded a 106% YoY growth. Realme’s TechLife brand Dizo came fourth with a 4.4% market share. This is the first time the company became a part of the top 5 smartwatch brand in India. Lastly, Samsung took the fifth spot with a 3.8% market share.
