India set to be no. 1 wearables market in 2023

Of the total 504.1 million units of wearables forecast to be shipped worldwide this year, India is expected to account for 130-135 million, or around 26%, as per market research firm IDC India. Last year, India had shipped around 100 million units of wearables - behind China and North America - making up nearly a fifth of the 492-million-unit global shipments,IDC said.

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