US-based wearable major Garmin is set to introduce its super premium ‘MARQ’ line-up of smartwatches in the third quarter of 2019. A recent report by the International Data Corporation (IDC) stats that smartwatches grew 54.3 percent and accounted for 29.8 percent of all wearable device shipments in 2018. Garmin will soon come up with a new product called “MARQ” which is in the ultra-premium category.
The price range of these will be close to Rs 2 lakh. India has a great potential in all price categories, The Kansas-headquartered company, which also produces consumer, professional aviation and marine devices that make use of the Global Positioning System (GPS) for navigational assistance, would unveil five watch variants in the luxury segment.
The five variants in the “MARQ” line-up would include the Garmin MARQ Driver, MARQ Aviator, MARQ Captain, MARQ Expedition and MARQ Athlete. The company, which also provides GPS solutions to the Indian Army, said it would introduce the smartwatches after all the government regulations are met with. The wearable major is also working towards strengthening its service support network in India.
