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Replacement Demand: The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season.
A local ambulance service will trial a new device for patients with an abnormally fast heart rhythm
Smartwatches remained the fastest growing category with 16.9 million units, growing by 41 per cent YoY as incumbent vendors shipped aggressively to stock for the upcoming festive season. �� India's Wearable Market Grows by 29.2% in Third Quarter, Smart Ring Category Shows Promise.
The Hardee's at that location closed late in the summer of 2021.
Wearable Market: Smartwatches remained the fastest-growing category with 16.9 million units, growing by 41.0% year-over-year as incumbent vendors shipped aggressively to stock for the upcoming festive season. The share of earwear dropped to 64.4% from 67.3% a year ago, but shipments still grew 23.6% to 30.9 million units.