{"id":873957,"date":"2024-11-06T10:37:49","date_gmt":"2024-11-06T05:07:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=873957"},"modified":"2024-11-06T10:37:49","modified_gmt":"2024-11-06T05:07:49","slug":"no-diwali-cheer-in-indias-smartwatch-market-apple-and-samsung-the-only-exceptions","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/06\/no-diwali-cheer-in-indias-smartwatch-market-apple-and-samsung-the-only-exceptions\/","title":{"rendered":"No Diwali cheer in India&#8217;s smartwatch market; Apple and Samsung the only exceptions"},"content":{"rendered":"<p>India&#8217;s wearable market, particularly mass-segment smartwatches, has faced a significant downturn over the past year, despite the festive season&#8217;s traditional boost. This trend is reflected in the financial performance of two of the major players like Boat and Boult. According to a report in Economic Times, &#8220;The festive season failed to arrest a downturn in India\u2019s wearables market, particularly mass-segment smartwatches, over the last 12-15 months even as its impact has become visible in the financials of device makers.&#8221;<br \/>\nWarburg Pincus-backed Boat, while reducing its losses by 48%, saw a decline in its FY24 revenue. Conversely, Boult witnessed a halving of its profits due to increased spending on growth initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s wearable market, particularly mass-segment smartwatches, has faced a significant downturn over the past year, despite the festive season&#8217;s traditional boost. This trend is reflected in the financial performance of two of the major players like Boat and Boult. According to a report in Economic Times, &#8220;The festive season failed to arrest a downturn in India\u2019s wearables market, particularly mass-segment smartwatches, over the last 12-15 months even as its impact has become visible in the financials of device makers.&#8221; Warburg Pincus-backed Boat, while reducing its losses by 48%, saw a decline in its FY24 revenue. Conversely, Boult witnessed a halving [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-873957","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/873957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=873957"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/873957\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=873957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=873957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=873957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}