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Apple Watch shipments surge in India

Apple Watch shipments in India surged by 141% in 2024, contrasting with a 30% decline in the overall smartwatch market.

MAIN POINTS
  1. Apple Watch shipments in India increased by 141% in 2024.
  2. The overall smartwatch market in India experienced a 30% year-on-year decline.
  3. Apple's growth in India is significant despite the market downturn.
  4. The data highlights Apple's strong performance in a shrinking market.
TAKEAWAYS
  1. Apple's strategy in India is proving successful with substantial shipment growth.
  2. The smartwatch market in India is facing challenges, with a notable decline.
  3. Apple's brand appeal remains strong, even in a contracting market.
  4. Market dynamics in India show potential for selective growth despite broader declines.
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