Indian TWS device brands saw double-digit YoY growth in Q2 2023
Despite challenging economic conditions and a subdued consumer market for IT devices, the True Wireless Stereo (TWS) market, encompassing wireless earphones and speakers, has displayed resilience against inflationary pressures.
According to the latest data from Counterpoint, global TWS market unit sales only experienced a marginal 2% YoY decline in H1 2023, a noteworthy performance considering the overall economic challenges.