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:
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