Changing ‘face’ of smartwatches: How are the fast-evolving budget smartwatches shaping up?
July 1, 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 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 in India

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