Saturday, February 29, 2020

IDC reports India wearable device market is booming, with basic wearables and Xiaomi at the helm

The IDC (International Data Corporation) recently published its Worldwide Quarterly Wearable Device tracker for Q4 2019 and it is chuck-full of intriguing numbers. India definitely stood-out in this new statistic. The local market managed to close yet another record year in wearable device shipments, with an overall growth of 168.3% YoY and a total of 14.9 million units sold. Digging into the numbers further, we find that basic wearables, or in other words, devices that can't run third-party apps, dominate the market with a 96.2% share, up 177% YoY in 2019. Their counterpart "truly smart"...

via shopmatrix

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