Sunday, April 11, 2021
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Tech

India TWS market touches 8.4 million units shipment in 2020: Report

Jaleel M. by Jaleel M.
March 12, 2021
in Tech
0
India TWS market touches 8.4 million units shipment in 2020: Report
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


India’s TWS (True Wireless Stereo, commonly known as earbuds) market recorded a shipment of 8.4 million units, amounting to ₹2,432 crore in 2020, research firm techARC said on Friday.

With remote working growing substantially due to work-from-home practice, TWS has become an essential accessory for smartphone users, techARC founder and chief analyst Faisal Kawoosa said.

“At the same time, the ecosystem has aligned to enhance the experience of near-real audio…COVID-19 has had a positive impact on this product category, almost doubling its size. Our expectations for 2020 were in the range of 4.5-5 million units,” he added.

In terms of units shipped, Xiaomi led the TWS category with a 14.7 per cent market share, followed by Boat (13.9 per cent) and Realme (13.6 per cent).

In value terms, Apple had close to 35 per cent share, followed by OnePlus (12.5 per cent) and Xiaomi (11.2 per cent).

Considering that Apple TWS has a substantially high average selling price, OnePlus and Xiaomi have been able to make the perfect balance in earning both value and volume market share of the TWS opportunity in 2020, the report said.

The report noted that as many as 77 brands shipped a TWS product during the year 2020. This high number is not sustainable and there will be consolidation with many insignificant brands making a quiet exit, it added. PTI SR SHW SHW

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Subscribe to Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.



Source link

Related posts

What happens to your account when your device gets stolen or lost

What happens to your account when your device gets stolen or lost

April 10, 2021
Personal data of 50 crore LinkedIn users leaked online

Personal data of 50 crore LinkedIn users leaked online

April 10, 2021
Previous Post

Chrome 89 helps in keeping Mac cooler, saves ‘significant memory’ on Windows: Google

Next Post

Apple Car, new iPhone could boost Apple shares by 50%: Analysts

Next Post
Apple Car, new iPhone could boost Apple shares by 50%: Analysts

Apple Car, new iPhone could boost Apple shares by 50%: Analysts

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Trump visits Texas, Louisiana to survey hurricane damage, United States News & Top Stories

Trump visits Texas, Louisiana to survey hurricane damage, United States News & Top Stories

7 months ago
Scaled-down race for Abe’s job likely as Suga seeks post, East Asia News & Top Stories

Scaled-down race for Abe’s job likely as Suga seeks post, East Asia News & Top Stories

7 months ago
China’s popular ride-hailing app DiDi starts testing self-driving taxis

China’s popular ride-hailing app DiDi starts testing self-driving taxis

10 months ago
US Tennis Chiefs Mull US Open-Cincinnati Double-Header

US Tennis Chiefs Mull US Open-Cincinnati Double-Header

10 months ago

FOLLOW US

  • 85 Followers
  • 29.5k Followers
  • 113k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • KRISTIN LASH & JAKOB GREY Team Up On “Sleeping With The Lights On”

    0 shares
    Share 0 Tweet 0
  • SEVENTEEN REVEALS PROMOTION SCHEDULE FOR ; SEMICOLON

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy