India’s Wearable Device market dropped 20.7% but average selling price grew 1.3% in Q3FY24

While the IDC’s Monthly Wearable Device Tracker attributed the downturn to a reduction in new product launches and a cautious inventory strategy, it noted that the average selling price (ASP) for overall wearables also grew by 1.3% to $21.3 for the first time since the second quarter of 2019