India Smartwatch Market By Product (Extension, Standalone, Classical, Others), By Operating System (iOS, Android, Linux, Tizen, Others), By Application, By Price Range, By Distribution Channel, Competition, Forecast & Opportunities, 2025

The Indian Smartwatch Market is expected to grow at a significant rate during the forecast period. A smartwatch is a portable wearable device, which is used to track numerous activities like steps covered in a day, heart rate, calories burnt and other activities apart from the usual time telling function. The growth of the Indian Smartwatch Market is attributable to rise in adoption of smartphones coupled with fast internet connectivity. Some other factors that are anticipated to drive the growth of smartwatch market in the country over the coming years are increase in health awareness among the consumers, the surging demand for wireless fitness & sports devices and presence of large number of key market players such as such as Xiaomi, Samsung, Apple, Google, and others. Moreover, due to wide range of body and health monitoring capabilities, swimmers, cyclists, gym-goers and athletes are rapidly adopting the use of smartwatches, thereby boosting the growth of the smartwatch market in the country. However, high initial cost can act as a major impediment to the growth of the Indian Smartwatch Market in the next 5 years.

Based on product, the Indian Smartwatch Market can be segmented into extension, standalone, classical and others. Among these, the standalone segment dominated the market until 2019, in terms of largest market share and is further anticipated to witness high growth in the coming years as well attributable to the features such as wireless operations, sim card acceptance & can be used as mobile phone, and to access the internet.

Major players in the Indian Smartwatch Market include Apple, Inc., Fitbit Inc., Samsung Electronics Co., Ltd, Sony Corporation, Fossil Group, Inc., Huawei Technologies Co., Ltd., Titan Co. Ltd., Casio India Co Pvt Ltd, Xiaomi Corporation, Nokia Corporation (Withings) and others. The key players in the market are focusing on collaborations in order to expand their market share.

Years considered for this report:

• Historical Years: 2015-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021–2025

Objective of the Study:

• To analyse and forecast the market size of the Indian Smartwatch Market
• To forecast the Indian Smartwatch Market based on product, operating system, application, price range, distribution channel and regional distribution.
• To identify drivers and challenges for the Indian Smartwatch Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in the Indian Smartwatch Market.
• To conduct the pricing analysis for the Indian Smartwatch Market.
• To identify and analyse the profile of leading players operating in the Indian Smartwatch Market.

The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of smartwatch manufacturers across the region. Subsequently, researchers conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, researchers could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the product types, application types and presence of all major smartwatch manufacturers across the region.

The author calculated the Indian Smartwatch Market size by using a bottom-up approach, where data for various end-user industries and its application across various product types were recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used.

Key Target Audience:

• Smartwatch manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, industry associations forums and alliances related to smartwatch market
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, end-users etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:
In this report, the Indian Smartwatch Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Product:

• Extension
• Standalone
• Classical
• Others

Market, By Operating System:

• iOS
• Android
• Linux
• Tizen
• Others

Market, By Application:

• Personal assistance
• Wellness
• Healthcare
• Sports
• Others

Market, By Price Range:

• High
• Medium
• Low

Market, By Distribution Channel:

• Store-based
• Non-store based

Market, By Region:

• North Region
• West Region
• East Region
• South Region

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indian Smartwatch Market.

Available Customizations:
With the given market data, researchers offers customizations according to a company’s specific needs.