The Indian TWS (True Wireless Stereo) market share has grown exponentially compared to the past year. According to the latest research from Counterpoint’s IoT service, the TWS shipment market share has seen 723% growth YoY during Q3.
Indian based consumer electronics brand boAt stands on top of the list with 18% of total TWS shipments. Followed by Xiaomi, which accounted for 16% of shipments. While realme captured a 12% market share, JBL with 8% and Apple with 6%. New entries from Oppo, OnePlus, Vivo, and Infinix also helped the growth of the market share.
Redmi earbuds 2C was the top selling device in India for Q3 2020. boAt Airdopes 441 model grabbed the second spot. While realme Buds Q, realme Buds Air Neo and Apple Airpods (2nd Gen) secured their spot in the Top 5 list. Despite the Pandemic situation in the country, the TWS segment is expanding.
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