29 C
Wednesday, May 29, 2024

Fire-Boltt emerges as global smartwatch leader

- Advertisement -
- Advertisement -

HT Bureau

GUWAHATI, May 30: Fire-Boltt, a homegrown smart wearable brand, has made waves in the smartwatch industry by securing the second position in the global smartwatch market. According to the Q1 2023 Counterpoint Report, Fire-Boltt has taken the lead in India’s representation within the global smartwatch market, commanding a 9% market share and surpassing established industry giants such as Samsung and Huawei. This remarkable achievement solidifies Fire-Boltt’s position as a dominant brand in the smartwatch arena, particularly considering that it entered the market just three years ago in 2020.

- Advertisement -

Since the launch of its inaugural smartwatch in October 2020, Fire-Boltt has experienced phenomenal growth. Starting with a modest 0.3% market share, the brand quickly skyrocketed to an impressive 11.6% within a year. In 2022, Fire-Boltt astounded the industry by becoming the top smartwatch brand within a mere 15 months of its first smartwatch release. In Q1 2022, the brand captured an astounding 24.6% market share and achieved an extraordinary 2000% year-on-year growth, outperforming an industry that was growing at a stagnant pace.

Co-founders of Fire-Boltt, Arnav Kishore and Aayushi Kishore, expressed their delight regarding this recent milestone, stating, “We are extremely honored and proud to position an Indian brand among global frontrunners. This achievement is a testament to our unwavering focus on innovation, quality, and affordability. Our agile product strategy, strong emphasis on research and development, and our commitment to providing the most affordable yet high-quality products to consumers have been the key drivers of our extraordinary growth. We will continue to work tirelessly to establish Fire-Boltt as a global force to be reckoned with, accomplishing even greater milestones in the near future.”

With over 30 smartwatch launches in the past six months, Fire-Boltt has made a significant impact on the market by offering a wide range of smartwatches equipped with the latest industry features at affordable price points. The brand’s aggressive product expansion, incorporation of smart features, and attractive pricing have positioned Fire-Boltt as one of the most prominent names in the smartwatch category.

- Advertisement -
The Hills Times
The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
- Advertisement -
Related news
- Advertisement -
10 Famous Tamil Dishes To Try Visiting The State 10 Must-Visit Monsoon Getaways From Hyderabad Top 8 Places To Visit In Tezpur, Assam 10 Breathtaking Valleys To Visit In India In 2024 Top 10 Summer Attractions In Meghalaya