Increasing Awareness Regarding Fitness and Technological Advancements in Products, driving the Sales of Consumer Wearable’s in India: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Increasing Health Awareness: Increasing availability of cheap data plans have resulted in increased internet penetration in the country. As a result, the health awareness among consumers continues to rise, as the access to information regarding preventive healthcare is increasing. Individuals continue to adopt preventive care as a necessary tool to help them lead a better lifestyle. There has been an increase in trend of monitoring vitals using fitness bands in order to maintain a healthy lifestyle, in addition to this, there has been addition of advanced features in products such as ECG etc. due to which, sales of these devices have increased. Southern Region Dominating Sales: The South & South-East region in the country consists of some of the major cities (such as Banglore, Chennai, Hyderabad, Coimbatore and others) which are home to the major IT hubs in the country. These regions also account for a large proportion of the technically literate individuals in the country and have hence contributed to the majority of sales of wearables in the country. Challenges in Wearable Industry: India is still at a nascent stage India is still underpenetrated when it comes to the adoption of wearables for health. Increased awareness for healthy lifestyle has certainly caused an increase in sales of these devices to get initial traction for weight control and physical activity monitoring. However, the market is yet to expand beyond the major regions and cities. Keeping an eye on the niche segment of the market, the vendors have started experimenting and expanding to capture scalable opportunities. Impact of COVID-19 on India Lubricants Industry: COVID-19 has severely impacted the wearable industry in India. In June 2020, the wristband import volume declined by ~28.0% as compared to the same period in 2019. Since most of the people were working from home, there was a decrease in demand of these products due to lack of access to fitness centers and gyms. The demand for both Wrist bands & Smartwatches in the country is expected to remain low throughout third quarter of 2020; slow recovery is expected by 2021. Companies are expected to invest in online sales channels & partnerships to ensure sales volumes. Analysts at Ken Research in their latest publication “India Consumer Wearables Market Outlook to 2025- By Type (Fitness Trackers and Smart-watches), By Sales Channel (Online and Offline), By Price Segment (Under ₹ 1000 ,₹1000 – ₹ 10,000 , ₹10,000 – ₹ 20,000 and Above ₹ 20,000) and By Sales Region (North, South East and West)” observed that the wearables market in India is witnessing a double-digit growth and this trend is expected to continue in the coming years as well. Increasing focus on research & development and marketing activities, new product launches, partnerships & collaborations are expected to drive further the industry towards growth in the future. The India Wearable Industry is expected to grow at a CAGR of 21.8% on the basis of sales revenue over the forecast period 2020-2025. Key Segments Covered:- India Consumer Wearables Market By Type Fitness Trackers Smartwatch By Price Segment Under ₹1000 ₹1000 – ₹10,000 ₹10,000 – ₹20,000 Above ₹ 20,000 By Distribution Channel Online Offline By Region North East West South By Type of City Metro Non-Metro India Smartwatch Market By Type General Purpose Smartwatch Sports Smartwatch Hybrid Smartwatch By Price Segment Under ₹1000 ₹1000 – ₹10,000 ₹10,000 – ₹20,000 Above ₹ 20,000 By Distribution Channel Online Offline By Region North East West South By Type of City Metro Non-Metro India Fitness Trackers Market:- By Type of Wearables Wrist Worn Others By Price Segment Under ₹1000 ₹1000 – ₹10,000 ₹10,000 – ₹20,000 Above ₹ 20,000 By Distribution Channel Online Offline By Region North East West South By Type of City Metro Non-Metro Companies Covered:- Xiaomi Technologies India Inc. Goqii Technologies India Inc. Samsung India Electronics Ltd. Fitbit India Apple India Titan Company India Ltd. (Fastrack) Fossil India Inc Key Target Audience:- Wearables Manufacturing Companies Wearables Importing Companies Semiconductor Manufacturing Companies E-Commerce Companies Healthcare Associations Industry Associations Regulatory Bodies Time Period Captured in the Report:- Historical Period: 2015-2020 Forecast Period: 2020-2025 For More Information on the research report, refer to below link:- India Consumer Wearables Market Related Reports:- India Audio Accessories Market Outlook to 2023 – By Type (Headphones, Earphones, Bluetooth Speaker and 2.1 Speaker), By Sales Channel (Online and Offline), and By Region (North, South East and West) Saudi Arabia Fitness Services Market Outlook to 2025- By Market Structure (Organized and Unorganized), By Revenue Stream (Membership, Personal Trainer and Supplementary Services), By Regions (Riyadh, Jeddah, Dammam, Al Khobar, Makkah and Madinah and others), By Subscription (3 months, 6 months, 1 year and others), By Gender (Male and Female), By Age (Below 18 years, 19 to 30 years, 31 to 60 years and above 60 years) and By Income Group (Below SAR 38,000, SAR 38,000 to SAR 94,000, SAR 94,000 to SAR 150,000 and above SAR 150,000) Asia Pacific Orthopedic Device Market Outlook To 2025 – By Country (China, Japan, India, Korea, RoAPAC), By Type Of Treatment (Joint, Spine, Trauma And Orthobiology And Sports Medicine); And By Type Of End User (Multispecialty And Orthopedic Specialty Hospitals) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Apple Wearables Market Share India, Consumer Wearables Industry In India, Consumer Wearables Market In India, Coronavirus Impact India Consumer Wearables Industry, Coronavirus Impact India Consumer Wearables Market, Covid-19 Impact India Consumer Wearables Industry, Covid-19 Impact India Consumer Wearables Market, East India Consumer Wearables Market, Evaluation Study India Consumer Wearables Market, Evaluation Summary Report India Consumer Wearables Market, Evaluative Survey India Consumer Wearables Market, Fitbit Consumer Wearables Market Revenue, Fitbit Wearables Production Capacity India, Fitness Trackers Market Sales Volume India, Fossil Consumer Wearables Market Sales, Goqii Wearables Market Share India, India Consumer Smartwatch Market, India Consumer Smartwatch Market Size, India Consumer Wearables Due Diligence Report, India Consumer Wearables Export, India Consumer Wearables Growth Strategy Market Report, India Consumer Wearables Import, India Consumer Wearables Industry, India Consumer Wearables Industry Research Report, India Consumer Wearables Market, India Consumer Wearables Market Analysis, India Consumer Wearables Market Competition, India Consumer Wearables Market Competition Benchmarking, India Consumer Wearables Market Evaluation Report, India Consumer Wearables Market Forecast, India Consumer Wearables Market Future outlook, India Consumer Wearables Market Growth, India Consumer Wearables Market Major Players, India Consumer Wearables Market Research Report, India Consumer Wearables Market Revenue, India Consumer Wearables Market Revenue Forecasting, India Consumer Wearables Market Shares, India Consumer Wearables Market Size, India Consumer Wearables Market Trends, India Enterprise Wearables Market, India Fitness Trackers Market Consumption, India Fitness Trackers Market Size, India General Purpose Smartwatch Market, India Hybrid Smartwatch Market, India Offline Sales Wearables Market, India Online Sales Fitness Trackers Market, India Online Sales Smartwatch Market, India Online Sales Wearables Market, India Semiconductor Manufacturing Companies, India Smartwatch Market Revenue, India Sports Smartwatch Market, India Wearables Importing Companies, India Wearables Manufacturing Companies, India Wrist Worn Wearables Market, Indian Consumer Wearables Industry, Indian Consumer Wearables Market, Industry Research Report Of India Consumer Wearables, Market Research Report Of India Consumer Wearables, Market Trends in India Smartwatch Market, Noise Wearables Market Share India, North India Consumer Wearables Market, Samsung Consumer Wearables Market Size, Samsung Wearables Production Capacity India, Smartwatch Market Sales Volume India, Social Evaluation Research India Consumer Wearables Market, South India Consumer Wearables Market, Titan Consumer Wearables Market Revenue, Titan Wearables Production Capacity India, Total Wearables Sales Volume India, Wearables Sales Volume India, West India Consumer Wearables Market, Write An Evaluation Report On India Consumer Wearables Market, Xiaomi Wearables Market Share India