Anisha Dumbre, Market Analyst, Client Devices, IDC India, said the market competition at entry-level price points has brought down the average selling price (ASP) of the watches to $61.3, down from $122.1 in 2020. “This is putting immense pressure on new entrants and other existing brands to differentiate themselves in the market.”
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Wednesday, February 9, 2022
India wristwear market grows 141.3% in 2021: IDC
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