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India Wearables Market Records Double-digit Growth in 1Q22, Says IDC India
The India wearables market shipped 13.9 million units in 1Q22, up 20.1% YoY (year-over-year) according to the recent data from the International Data Corporation’s (IDC) India Monthly Wearable Device Tracker. This growth can be attributed to new launches, discounts across channels, and aggressive marketing by brands. The ASP of the overall category declined 17.1% YoY primarily due to a stronger decline in the ASP of watches. Watches continued to be the fastest-growing category shipping 3.7 million units with a growth of 173.0% YoY in 1Q22 (Jan-Mar). Basic watches accounted for 95.1% of the overall watch category shipments. Aggressive competition at entry-level price points helped the basic watches grow 202.1% YoY, whereas the smartwatch shipments declined 4.2% annually. Furthermore, the ASP of the watches declined 41.5% YoY to reach $50.3 in 1Q22 compared to $86.0 in the same quarter last year. On the other hand, Wrist bands continued to decline annually for the 9th consecutive quarter. Overall wristwear (which includes watches and wrist bands) grew 87.5% yearly in 1Q22, with a total shipment of 4.0 million units.The earwear category accounted for 71.3% of the overall wearables category; the true wireless stereo (TWS) devices grew to 48.3% from 34.2% in 1Q21, with a growth of 48.2% YoY. India wearables market records double-digit growth in January-March, BoAT, Noise on top.
Aggressive discounts, new features, and a strong push from brands and channel partners are encouraging consumers to upgrade and spend more on wearable watches. While dependence on devices like TWS and wearable watches is increasing, supply remains a concern for the industry. Intense competition in the sub $50 category is pushing all brands to offer competitive offerings in terms of pricing, features, and device design. The outlook for 2022 remains strong as wearables will try to attract users in Tier 2 and Tier 3 cities. The healthy growth is attracting newer players to the market, as brBy VARINDIA| 19 views
SC disposes plea against interim CBI boss' appointment, says no interference required
The Economic Times | A Times Internet Limited product
The Supreme Court Tuesday disposed of a plea challenging the appointment of M Nageswara Rao as the interim CBI Director. A bench of Justices Arun Mishra and Vineet Saran said no further interference is required as the relief has already been granted with the appointment of a full time CBI Director.
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Watch SC disposes plea against interim CBI boss' appointment, says no interference required With HD QualityBy The Economic Times| 1573 views
Go to one corner of the court, sit down for whole day: SC orders Nageswara Rao for contempt
The Economic Times | A Times Internet Limited product
In a punishment reminiscent of a classroom rebuke, the Supreme Court Tuesday ordered the former acting CBI Director M Nageswara Rao and agency's legal advisor S Bhasuram to sit in the courtroom the whole day after holding them guilty of "brazen" contempt of its orders.By The Economic Times| 1334 views
Justice A K Sikri recuses himself from hearing plea on interim CBI Chief's appointment
The Economic Times | A Times Internet Limited product
Supreme Court judge Justice A K Sikri on Thursday recused himself from hearing a plea challenging the Centre's decision to appoint M Nageswara Rao as interim CBI director.
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Watch Justice A K Sikri recuses himself from hearing plea on interim CBI Chief's appointment With HD QualityBy The Economic Times| 4735 views
PM-headed high level panel likely to meet on Jan 24 to appoint new CBI Director: Sources
The Economic Times | A Times Internet Limited product
The high-powered Selection Committee is likely to meet on January 24 to appoint the new CBI Director, sources said. PM Modi heads the committee, in which the Chief Justice of India and the Leader of Congress in Lok Sabha Mallikarjun Kharge are the other members.By The Economic Times| 545 views
CBI vs CBI: Why Alok Verma and Rakesh Asthana sent on leave; explains Jaitley
The government's decision to remove feuding CBI Director Alok Verma and Special Director Rakesh Asthana is based on the CVC's recommendations, Finance Minister Arun Jaitley said Wednesday, asserting that it is absolutely essential to restore the agency's institutional integrity and credibility.
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https://www.instagram.com/the_economic_times/By The Economic Times| 91764 views
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The man behind the ICT's jerseys for Asian Games 2023
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The man behind the ICT's jerseys for Asian Games 2023By CricTracker| 93 views
Shahid Kapoor ने Wife को विश किया Birthday :बोले- तुम मेरे दिल की रानी हो, Share कीं तस्वीरें
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Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly S
It's time we celebrate ourselves and get high on self-love! Introducing you to Bollywood Bubble's brand new show 'BodyFaming'. A show that talks about loving your body, smashing age-old beauty norms and being comfortable in your own skin. Watch host Rashita Sahni get up close and personal with Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Sana Shaikh, Mona Singh, Sobhita Dhulipala & Dolly Singh about dealing with body-shaming, getting over their inner insecurities and self-doubt and standing by the mantra - 'my body my rules'! Episodes drop every Tuesday at 2 PM only on Bollywood Bubble. Watch out.
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly SBy Bollywood Bubble| 220 views
Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
Address by Shri. Rajeev Gupta, Secretary, Youth Affairs, Ministry of Youth Affairs & Sports, at the "International Yoga Seminar" organized by "Shri Ram Chandra Mission" in April, 2016
Watch Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar" With HD QualityBy Ministry of Youth Affairs| 769078 views
