Smartwatch supplies to India drop 30 pc in 2024 on unsatisfactory experience, lack of innovation: Report

Smartwatch supplies to India dropped 30 per cent in 2024, mainly due to unsatisfactory experience, lack of innovation and unclear product portfolio, a Counterpoint Research report said on Monday. While market leaders in the low-cost smartphone watch segment suffered a major blow, the premium segment with smartwatches priced above Rs 20,000 apiece bucked the trend, and their supplies grew 147 per cent year-on-year.