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Changing ‘face’ of smartwatches: How are the fast-evolving budget smartwatches shaping up?

Thursday, 01 Jul 2021

According to Techarc’s Wristables Market Scan Report, the market volume for entry segment (under Rs. 3,000) smartwatches witnessed tremendous growth of 439% QoQ in Q1, 2021. Techarc did a Wax-Wane Analysis of the most-desired features and categorised them into waxing, prime and waning features for a deep dive. Figure 1 shows Wax-Wane Analysis of smartwatches […]

Techarc Insights
According to Techarc's Wristables Market Scan Report, the market volume for entry segment (under Rs. 3,000) smartwatches witnessed tremendous growth of 439% QoQ in Q1, 2021. Techarc did a Wax-Wane Analysis of the most-desired features and categorised them into waxing, prime and waning features for a deep dive. Figure 1 shows Wax-Wane Analysis of smartwatches in the entry segment. Key market insights: Health trackers: SpO2 monitoring tells the blood oxygen level and it is the fastest-growing and the most popular feature in smartwatches. At least 39% of smartwatch models shipped…

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