14 people missing after boat capsizes in southern Ethiopia
A total of 14 people are missing after a boat capsized on a lake in southern Ethiopia, according to local officials.
India’s wearable market registered another record quarter, shipping 37.2 million units in Q3 2022 (July-Sep), a growth of 56.4 per cent (year-over-year) with boAt leading in the market, a report showed on Friday.
According to the IDC, smartwatches (inclusive of basic and advanced) remained the fastest-growing category crossing the 12 million shipments mark in a single quarter, a growth of 178.8 per cent (year-over-year).
Basic smartwatches continue to dominate the market, with a 95.5 per cent share that increased by 187.1 per cent annually in Q3. With a shipment drop of 80.8 per cent (year over year), wristbands experienced yet another quarterly decline.
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“As smartwatches continue to be in high demand across varied customer segments, the need for better specifications/accurate monitoring will be key. We will see bigger screen size (1.8/1.99 inch), AMOLED display, physical or e-Sim connectivity in the affordable segment,” said Vikas Sharma, Senior Market Analyst, Client Devices, IDC India.
boAt continues to lead with a 32.1 per cent of market share in Q3 growing 19.5 per cent (year-over-year), according to the report.
With a 13.8 per cent market share, Noise stood second. It cemented its smartwatch leadership with a 29.5 per cent share, growing 216.5 per cent annually.
Fire-Boltt climbed to third place with a healthy 395 per cent (year-over-year) growth and 8.9 per cent share.
OnePlus dropped to fourth place in the overall wearable category growing by 107.6 per cent (year-over-year) and 8.2 per cent share, while Realme stood at fifth place and was the only vendor amongst the top 5, with declining shipments at -18.5 per cent (year-over-year) in Q3, the report added.
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