The Indian true wireless stereo (TWS) market 3 a whopping 723% market growth year on year during the July 1 -September 30 period. Despite the ongoing pandemic and decreased consumer spending in other segments, TWS shipments soared to their highest levels during the third quarter.
The number one spot was occupied by India-based brand boAt audio which took 18% of the market share. Xiaomi comes a close second with 16%, while Realme claimed the third spot with 12% of the market. JBL (8%) and Apple (6%) round out the top five.
India TWS market leaders in Q3 2020
Xiaomi’s Redmi Earbuds…