New Delhi, Feb. 16 -- India's wearable device market declined for the first time in 2024 -- by 11.3 per cent year-on-year, according to data released by the (IDC).

Smartwatch shipments fell sharply by 34.4 per cent, while earwear shows modest growth of 3.8 per cent.

The smartwatch share within wearables dropped to 29.4 per cent from 39.8 per cent in 2023. The lack of meaningful innovations and technological advancements led to muted consumer demand, IDC said.

Smartwatch's average selling prices declined by 9.1 per cent from USD 25.8 to USD 23.5. Advanced smartwatches also declined by 13.1 per cent, though the share increased from 2.1 per cent to 2.8 per cent.

IDC, a global market intelligence and advisory services provider, in its Ind...