India Smartwatch Shipments Grew 121 Percent YoY in Q1 2023, Fire-Boltt Now in Second Place Globally: Counterpoint

India Smartwatch Shipments Grew 121 Percent YoY in Q1 2023, Fire-Boltt Now in Second Place Globally: Counterpoint

Global smartwatch shipments witnessed a decline of 1.5 percent year-on-year (YoY) in the first quarter of 2023, as per the latest report by market research firm Counterpoint. Still, India managed to register 121 percent year-over-year growth in shipments fuelled by high demand for low-cost wearables made by local brands such…