India's wearables market grew 47% on-year in 2022: IDC India
Among wearables, the share of smartwatches grew from 17.9% in 2021 to 30.7% in 2022, at the cost of smart wristbands, which declined by 73.2% on-year. A total of 30.7 million basic and advanced smartwatches were shipped last year, a growth of 151.3% on-year, as the average selling prices continued to decline from $61.2 in 2021 to $42.5 last year.
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