India audio device market witnesses remarkable growth, hits Rs 5,000 cr offline sales: GFK

The Indian audio devices market is witnessing significant growth, with offline retail sales reaching Rs 5,000 crore in June 2024. This surge is driven by a 61% YoY volume growth in the Personal Audio segment and increasing demand for high-quality audio products. True Wireless Headsets and mini/Bluetooth speakers are particularly popular among Gen Z consumers.