The Indian wearables brand Noise has launched its new 'Noise ColorFit Thrill' smartwatch. It features various exciting features like a clear 2-inch TFT HD display, Bluetooth calling, heart rate monitoring, and a broad range of sports modes, among other things. The smartwatch is available at a price of $40 on Flipkart and Noise's official website.
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Market analysis firm Canalys anticipates a strong growth of 17% in the global smartwatch market. While basic watches dominated in 2023, a consumer trend shift towards smartwatches is forecasted for 2023, driven by increased demand for advanced features. This demand is particularly strong among those who started using smartwatches during the pandemic. The shipment of basic band watches is expected to drop to 12% by 2027, causing leading brands such as Xiaomi and Fitbit to shift their attention to smartwatches.
Apple continues to lead in the global smartwatch market, but is faced with challenges across the spectrum. Its supremacy is currently being tested by the intense competition as well as differing market dynamics in key global markets.