In 2022, the Indian smartwatch market is projected to be worth over $1 billion, and it is expected to continue growing rapidly in the coming years. Smartwatches are becoming increasingly popular in India due to their ability to track health and fitness, provide notifications and alerts, and offer access to a variety of apps. This blog post will analyze the current state of the Indian smartwatch market and explore future trends.
Currently, the Indian smartwatch market is dominated by many Indian brands like Noise, Fireboltt, BoAt.
In the future, the Indian smartwatch market is expected to grow significantly due to a number of factors. The increasing popularity of health and fitness tracking devices will drive demand, as users look for devices that can help them track their health. Additionally, the increasing availability of low-cost smartwatches will help to expand the market. Smartwatches are expected to become more affordable and accessible to a wider range of users.
The future of Indian smartwatches is an exciting one, with a myriad of possibilities emerging in the tech world. As technology develops and expands, Indian smartwatches are becoming increasingly popular due to their convenience, efficiency, and style. To help you stay up-to-date with the latest trends, here are 11 future trends of Indian smartwatches that you should be aware of.
- Advanced Built-in Features: In the future, we can expect to see smartwatches with even more advanced built-in features, such as blood pressure monitors and other health-tracking sensors. These features will make smartwatches even more useful as tools for monitoring and improving health and wellness.
- Medical Certification: As smartwatches become more sophisticated, we may see some of these devices receiving medical certification from regulatory bodies like the Central Drugs Standard Control Organization (CDSCO) in India. This could make it easier for consumers to trust the accuracy and reliability of these devices for health tracking.
- Social Fitness: Smartwatches with app integration will likely become more popular as a way to connect with others and stay motivated in your fitness journey. You may be able to join virtual fitness communities, compete with friends, and track your progress in real-time.
- Smart Payment Integration: We can expect to see an increase in smartwatches with the ability to make contactless payments, using technologies like NFC. This will make it even more convenient to pay for goods and services on the go.
- Satellite Calls Integration: As smartwatches become more advanced, we may see some devices with the ability to make satellite calls, even when you’re out of range of a cell tower. This could be particularly useful for travelers or those in remote locations.
- Advance SKD & Chipset Manufacturing in India: The smartwatch market in India is expected to grow in the coming years, and we may see an increase in the production of SKD (semi-knocked down) and chipset manufacturing in the country. This could lead to lower costs and a greater variety of options for Indian consumers.
- Lower Average Cost: As the market for smartwatches in India grows, we can expect to see increased competition between manufacturers, which may lead to lower average costs for consumers.
- Advanced GPS using OEM satellite subscription: In the future, we may see smartwatches with more advanced GPS capabilities, using OEM satellite subscriptions to provide more accurate and reliable location tracking. This could be particularly useful for outdoor enthusiasts or those who rely on GPS for navigation.
- Increased Focus on Sustainability: As consumer awareness about environmental issues grows, we can expect to see a greater focus on sustainability in the smartwatch market. This might include the use of recycled materials, longer battery life, and more energy-efficient manufacturing processes.
- Greater Variety of Styles and Designs: Smartwatches will likely become available in a wider range of styles and designs to appeal to a diverse range of consumers.
- Higher Quality and Durability: As the market matures, we can expect to see improvements in the quality and durability of smartwatches. Manufacturers will likely focus on making their products more robust and long-lasting to appeal to consumers.
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