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India Wearable Devices Market (2018-2023)

India Wearable Devices Market (2018-2023)

India Wearable Devices Market

Technology-enabled wearable devices are gaining momentum in India and its segment will emerge as a dominant one in the Indian consumer electronics market. Fitness monitors, smart watches, and internet-enabled eyeglasses are the various types of wearable devices available in the Indian market.

India is a growing market for wearable device products. The introduction and availability of next generation cellular networks, and their improved connectivity are factors boosting the growth of the market. Indian start-ups are introducing various innovative products like GPS-enabled smart sports shoes, and multi-function Bluetooth devices that work as camera triggers and alerts while in motion, among others. The players are also heavily focusing on developing wearable devices with advanced features and applications that provide an enhanced digital experience.

The India wearables device market has players such as Goqii, Xioami, Fitbit, Garmin, Huawei, and others. Goqii holds the largest share of the market. Some of the other players with significant market shares in the category are Xioami, Fitbit, Garmin, and Huawei.

Key growth factors:

  • In the last few years, Indian consumers have shown increased interest in wearable devices like smartwatches, fitness trackers, and fitness monitors, among others. People these days are more aware of the wearable devices and the applications that help in making daily life easy. Increased disposable income and awareness among Indian consumers are stimulating the growth of wearable devices market in India.
  • The increased availability of 4G and WiFi networks is fuelling the adoption of wearable devices across the country. India is one of the fastest growing economies that is embracing 4G networks, and this is expected to trigger the growth of wearable technology and the devices market.
Threats and key players:
  • The biggest factor deterring the growth of the wearable devices market in India is that it is too expensive. The iOS and Android applications can act as substitutes for the technology since many applications currently use smartphone sensors to track classic wearable metrics like steps taken, and heart rate, among others
  • Apple India Pvt. Ltd., Google India Pvt. Ltd., Intel Technology India Pvt. Ltd., Microsoft Corporation (India) Pvt. Ltd., Nike India Pvt. Ltd., and Samsung India Electronics Pvt. Ltd., are some of the major players operating in the Indian wearable device market
What’s covered in the report?


1. Overview of the India wearable devices market
2. Historical, current and forecasted market size data of the India wearable devices market (2014 to 2023)
3. Qualitative analysis of the India wearable devices market and its segments (based on players - Goqii, Xioami, Fitbit, Garmin, Huawei, and others, by price – less than USD 50 segment, and others)
4. Qualitative analysis of the major drivers and challenges affecting the market
5. Analysis of the competitive landscape and profiles of major players operating in the market
6. Key market trends of the wearable devices market in India
7. Analysis of various Indian start-ups operating in the wearable devices market
8. Key recent developments associated with the wearable devices market in India

Why buy?


1. Get a broad understanding of the wearable devices market in India, the dynamics of the market, and the current state of the sector
2. Strategize marketing, market entry, market expansion and other business plans, by understanding the factors driving the growth of the market
3. Be informed regarding the key developments in the wearable devices market in India
4. Understand major competitors’ business strategies and market dynamics, and respond accordingly to benefit from the market


Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Wearable device market definition and structure
3.2. Major wearable device platform
Chapter 4: Global wearable device market - overview
4.1. Wearable device market size and growth forecast - value-wise
Chapter 5: Indian wearable device market - overview
5.1. Wearable device market size and growth forecast - value-wise
5.2. Opportunity of wearable technology market in key Indian industries
5.3. Market opportunity of wearable devices in India
5.4. Indian wearable devices market segmentation
5.4.1. Player-wise
Goqii
Xioami
Fitbit
Garmin
Huawei
Others
5.4.2. Price-wise
Less than $50 segment
Others
5.5. Porter’s Five Forces Analysis
Chapter 6: Key factors aiding growth of the market
Chapter 7: Key deterrents to the growth of the market
Chapter 8: Key market trends
Chapter 9: Competitive landscape
9.1. Apple India Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
9.2. Google India Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
9.3. Intel Technology India Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
9.4. Microsoft Corporation (India) Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
9.5. Nike India Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
9.6. Samsung India Electronics Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
9.7. Sony India Private Limited
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
Chapter 10: Indian start-ups operating in the wearable device segment
10.1. CarIQ Technologies
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
10.2. RHLvision Technologies
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
10.3. Ducere Technologies
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
10.4. Connovate Technology
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
10.5. Ineda Systems
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
10.6. Pluggx Labs
Company snapshot
Business description
Products & services
Key people
Financial snapshot (total income, net profit/loss)
Key ratios
Business segments, geographic segments
Chapter 11: Recent developments
Chapter 12: Appendix
a. Research methodology
b. Assumptions
c. About Netscribes Inc
Disclaimer:
The Table of Contents (ToC) provided above contains the targeted coverage. The coverage is subject to change as we progress with the research.

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