How Indian smartwatch market helped reduce ‘global pain’
The global smartwatch industry saw a 1.5% YoY decline in Q1 2023, the second consecutive quarter of falling shipments. Reduced demand from Apple and Samsung and global financial pressures contributed to the decline. However, smartwatch shipments grew remarkably in India, which helped offset the negative impact on the global market.
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The global smartwatch industry saw a 1.5% YoY decline in Q1 2023, the second consecutive quarter of falling shipments. Reduced demand from Apple and Samsung and global financial pressures contributed to the decline. However, smartwatch shipments grew remarkably in India, which helped offset the negative impact on the global market. 
