Product Code: ETC4453705 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India wearable display market import shipment witnessed a significant decline with a CAGR of -24.3% from 2020 to 2024. The growth rate between 2023 and 2024 further decreased by -34.4%. The market exhibited a substantial slowdown, indicating a notable loss in momentum and a declining trend over the period.
The India Wearable Display market is a dynamic and growing segment of the wearables industry. Wearable displays are integrated into devices like smartwatches, augmented reality glasses, and fitness trackers, providing users with real-time information and visual feedback. In India, the demand for wearable displays has been increasing as consumers seek to track their health, stay connected, and access information on the go. As technology and design in the wearable display sector improve, the India Wearable Display market is poised for continuous growth, offering innovative solutions for users seeking convenient and hands-free access to information.
The India Wearable Display market is on the rise, driven by the increasing popularity of wearable devices and the integration of display technology into them. One of the key drivers of this market is the demand for smartwatches and fitness trackers. Wearable displays are essential for providing users with real-time information and notifications. Furthermore, the healthcare sector is adopting wearable displays for remote patient monitoring and telemedicine applications. As consumers become more health-conscious and tech-savvy, the market for wearable displays is expected to continue expanding, offering new functionalities and form factors.
The wearable display market encounters challenges related to device comfort and aesthetics. Achieving a balance between design and functionality is crucial. Compatibility with various ecosystems and addressing privacy and data security concerns are significant challenges.
The COVID-19 pandemic had mixed effects on the India wearable display market. While consumer spending on wearables faced some constraints, the demand for health and fitness monitoring wearables increased as people became more health-conscious. Wearables with display capabilities, such as smartwatches and AR glasses, continued to gain traction. The post-pandemic era is expected to see the India wearable display market expand further as manufacturers innovate and offer new features to meet evolving consumer needs.
The India wearable display market has witnessed significant growth in recent years, with several key players making a substantial impact in the industry. Some of the prominent companies in this market include Samsung, which offers a wide range of smartwatches and augmented reality glasses, and Apple, known for its Apple Watch and ARKit development platform. Additionally, companies like Xiaomi, OnePlus, and Fitbit have also contributed to the growth of the market by introducing their own wearable display devices, such as fitness trackers and smartwatches. These companies have been at the forefront of innovation, driving the adoption of wearable displays among consumers in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Wearable Display Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wearable Display Market Revenues & Volume, 2021 & 2031F |
3.3 India Wearable Display Market - Industry Life Cycle |
3.4 India Wearable Display Market - Porter's Five Forces |
3.5 India Wearable Display Market Revenues & Volume Share, By Product Type , 2021 & 2031F |
3.6 India Wearable Display Market Revenues & Volume Share, By Display Technology, 2021 & 2031F |
3.7 India Wearable Display Market Revenues & Volume Share, By Panel Type, 2021 & 2031F |
3.8 India Wearable Display Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.9 India Wearable Display Market Revenues & Volume Share, By Display Size, 2021 & 2031F |
4 India Wearable Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart wearables and AR/VR devices in India |
4.2.2 Rising tech-savvy population and awareness about wearable display technology |
4.2.3 Growing adoption of wearable displays in healthcare and fitness sectors |
4.3 Market Restraints |
4.3.1 High initial costs associated with wearable display devices |
4.3.2 Limited battery life and concerns over the comfort of wearable displays |
5 India Wearable Display Market Trends |
6 India Wearable Display Market, By Types |
6.1 India Wearable Display Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Wearable Display Market Revenues & Volume, By Product Type , 2021-2031F |
6.1.3 India Wearable Display Market Revenues & Volume, By Smart Bands/Activity Trackers, 2021-2031F |
6.1.4 India Wearable Display Market Revenues & Volume, By Smartwatches, 2021-2031F |
6.1.5 India Wearable Display Market Revenues & Volume, By Head-Mounted Displays, 2021-2031F |
6.2 India Wearable Display Market, By Display Technology |
6.2.1 Overview and Analysis |
6.2.2 India Wearable Display Market Revenues & Volume, By LED-Backlit LCD, 2021-2031F |
6.2.3 India Wearable Display Market Revenues & Volume, By OLED, 2021-2031F |
6.3 India Wearable Display Market, By Panel Type |
6.3.1 Overview and Analysis |
6.3.2 India Wearable Display Market Revenues & Volume, By Rigid, 2021-2031F |
6.3.3 India Wearable Display Market Revenues & Volume, By Flexible, 2021-2031F |
6.3.4 India Wearable Display Market Revenues & Volume, By MIcrodisplay, 2021-2031F |
6.4 India Wearable Display Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 India Wearable Display Market Revenues & Volume, By Consumer, 2021-2031F |
6.4.3 India Wearable Display Market Revenues & Volume, By Military & Defense, 2021-2031F |
6.4.4 India Wearable Display Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 India Wearable Display Market Revenues & Volume, By Enterprise & Industry, 2021-2031F |
6.4.6 India Wearable Display Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.7 India Wearable Display Market Revenues & Volume, By Others, 2021-2031F |
6.5 India Wearable Display Market, By Display Size |
6.5.1 Overview and Analysis |
6.5.2 India Wearable Display Market Revenues & Volume, By Less than 1 Inch, 2021-2031F |
6.5.3 India Wearable Display Market Revenues & Volume, By 1 to 2 Inches, 2021-2031F |
6.5.4 India Wearable Display Market Revenues & Volume, By More than 2 Inches, 2021-2031F |
7 India Wearable Display Market Import-Export Trade Statistics |
7.1 India Wearable Display Market Export to Major Countries |
7.2 India Wearable Display Market Imports from Major Countries |
8 India Wearable Display Market Key Performance Indicators |
8.1 Average daily usage time of wearable displays |
8.2 Percentage of smartphone users using wearable display devices |
8.3 Number of healthcare providers incorporating wearable displays in patient care |
9 India Wearable Display Market - Opportunity Assessment |
9.1 India Wearable Display Market Opportunity Assessment, By Product Type , 2021 & 2031F |
9.2 India Wearable Display Market Opportunity Assessment, By Display Technology, 2021 & 2031F |
9.3 India Wearable Display Market Opportunity Assessment, By Panel Type, 2021 & 2031F |
9.4 India Wearable Display Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.5 India Wearable Display Market Opportunity Assessment, By Display Size, 2021 & 2031F |
10 India Wearable Display Market - Competitive Landscape |
10.1 India Wearable Display Market Revenue Share, By Companies, 2024 |
10.2 India Wearable Display Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |