Intro
In Indonesia, the smartwatch market in Indonesia is expected to grow rapidly due to increasing consumer interest in wearable technology and health/fitness tracking. In 2018, the market size was USD 350.3 million and is expected to reach USD 1,426.6 million by 2023, growing at a CAGR of 32.3%.
If you are looking for reliable and reputable smartwatch manufacturers in Indonesia, you can go as far as we have compiled a list of some of the top smartwatch manufacturers in Indonesia. These manufacturers are known for their high-quality and reliable smartwatches that are designed to meet the needs of different customers. To better help you understand these smartwatch manufacturers, this next blog post will feature the top 10 smartwatch manufacturers in Indonesia. I’ll share information about their positioning, pricing, and sales channels.
Apple
Apple is a world-renowned electronics company, best known for its sleek iPhones and Mac computers. But what really sets Apple apart from the competition is its innovative smart wearables, such as the Apple Watch, the exterior design of the Apple Watch is mainly square, a popular smartwatch brand in Indonesia that offers a range of advanced features such as LTE connectivity, GPS, and NFC payments. The brand is positioned as a premium smartwatch brand with prices ranging from around $300 to $600.
Samsung
Samsung is a leading global technology brand. For decades, the company has been a leader in technology, which is associated with its innovative products. Samsung watch design is mainly round. Samsung Galaxy Watch is another popular smartwatch brand in Indonesia that offers advanced features such as LTE connectivity, GPS, and NFC payments. The brand is positioned as a high-end smartwatch brand with prices ranging from around $300 to $600.
Huawei
Huawei, one of the world’s leading technology brands, offers many products, including smartphones, tablets, wearables, smartwatches, and laptops. Huawei Watch is another popular smartwatch brand in Indonesia, offering advanced features such as GPS, fitness tracking, and heart rate monitoring. The brand is positioned as a high-end smartwatch brand with prices ranging from around $200 to $400.
Xiaomi
Founded in 2010, Xiaomi is a Chinese electronics and software company that has quickly become the fourth-largest smartphone developer in the world. They specialize in unique brand integration across many different devices, including one of their most popular products, the smartwatch. Xiaomi Mi Watch is a popular smartwatch brand in Indonesia that offers a range of smartwatches with features such as fitness tracking, heart rate monitoring, and sleep tracking. The brand is positioned as an affordable smartwatch brand with prices ranging from around $100 to $200.
Fossil
Fossil is an American watch brand known for its stylish designs and high-quality materials, offering features such as heart rate monitoring and mobile payments. In the Indonesian market, Fossil is positioned as a mid-to-high-end watch brand that focuses on style, quality, and creativity. Its price range is Rp 1,500,000-5,000,000 (about US$100-340.) Fossil’s sales channels in Indonesia mainly include specialty stores, department stores, and e-commerce platforms such as Shopee and Blibli.
Casio
Casio is a Japanese fashion brand that is positioned as a mass-market watch brand in Indonesia, focusing on practicality and price advantages. Casio smartwatches are relatively affordable in the Indonesian market, with prices ranging from Rp 700,000 – Rp 3,500,000 (approximately US$50 – 240). Casio has a relatively wide range of sales channels in the Indonesian market, including its official website, offline stores, and many major e-commerce platforms in Indonesia, such as Lazada, Shopee, and Tokopedia.
Advan
Advan is a trusted local Indonesian brand that offers affordable smartwatches with basic features. Their smartwatches are priced between Rp 300,000 and Rp 1,000,000 (about $20 to $70). They sell their products on e-commerce platforms such as Shopee and Lazada, as well as in offline stores. Advan has a 5% market share in the Indonesian smartwatch market.
Polytron
Polytron is a local Indonesian brand that is positioned to offer high-quality smartwatches with advanced features. Their smartwatches are priced between Rp 2,000,000 and Rp 5,000,000 (approximately $140 to $350). polytron sells its products through online channels and offline stores. They have a 2% market share of the Indonesian smartwatch market.
Mito
Mito – Mito is another local brand that offers affordable smartwatches. Their products are priced between Rp 500,000 and Rp 2,000,000 (about $35 to $140). They also sell smartwatches on e-commerce platforms and retail stores. Mito has a 3% market share of the Indonesian smartwatch market.
Pixcom
Pixcom is an Indonesian smartwatch brand known for its low-cost smartwatch offerings. Pixcom smartwatches in the Indonesian market are priced in the range of Rp 400,000 – Rp 1,500,000 (approximately US$30 – 100). Pixcom’s sales channels in the Indonesian market mainly include offline retail stores and some small e-commerce platforms. Pixcom’s sales channels in the Indonesian market mainly include e-commerce platforms and some retailers. Currently, Pixcom’s market share in the Indonesian market is approximately 5%.
Conclusion
Overall, it is expected that the Indonesian smartwatch industry will remain an area of growth over the next few years, offering plenty of opportunities for manufacturers and retailers alike. Therefore, now is an excellent opportunity for those wishing to explore the Indonesian smartwatch market as well as benefit from this elevated CAGR. So what are you waiting for? Send an Inquiry today and get an OEM&ODM smartwatch quote!
