Wearable electronics grew by 115% in volume terms and by 105% in current terms in 2015, which was due to coming from a low base. Growth was due to increased interest in fitness and the higher visibility of such products in online stores. Although growth potential was even higher, this was not realised due to low awareness, a low perception of benefits and high prices for price-sensitive Indian consumers.
Competitive Landscape
Samsung India Electronics Pvt continued to lead autonomous wearable electronics in 2015, recording a 49% volume share. The company maintained its leadership due to a range of smartwatches with the brand name Gear. It was followed by Sony India Pvt with a 26% volume share.
Industry Prospects
Wearable electronics is expected to grow at a CAGR of 75% in volume terms over the forecast period, while sales are set to grow at a CAGR of 67% at constant 2015 prices. Autonomous wearable electronics is set to grow at the stronger CAGR of 93% in volume terms and at a CAGR of 74% at constant 2015 prices, which is due to coming from a lower base.
Full Report Details at
- http://www.fastmr.com/prod/1110469_wearable_electronics_india.aspx?afid=301
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Wearable Electronics industry in India with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Wearable Electronics industry in India, our research will save you time and money while empowering you to make informed, profitable decisions.
The Wearable Electronics in India market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Wearable Electronics in India?
* What are the major brands in India?
* What is the growth rate for Wearable Electronics in India?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
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"Wearable Electronics in India" is now available at Fast Market Research
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Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001