The statistic illustrates the result of a survey among ultra high net worth households (UHNHs) across India about the reasons for using wearable devices in 2016. Social status had the highest response with a share of about 81 percent, followed by passion with 73 percent during the survey period.
Main reasons for using wearables among ultra high net worth households (UHNHs) in India in 2016
Among ultra high net worth individuals across 12 cities in India
Method of interview
Face-to-face interview
Supplementary notes
The source defines an ultra high net worth household (UHNH) as a household with a minimum net worth of 250 million Indian rupees, mapped over 10 years.
Note: One Indian rupee is equal to 0.015 U.S. dollars and 0.014 euros (as of march 2017).
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Kotak Mahindra Bank. (July 28, 2016). Main reasons for using wearables among ultra high net worth households (UHNHs) in India in 2016 [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/684090/millionaire-households-in-india-reason-for-using-wearables/
Kotak Mahindra Bank. "Main reasons for using wearables among ultra high net worth households (UHNHs) in India in 2016." Chart. July 28, 2016. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/684090/millionaire-households-in-india-reason-for-using-wearables/
Kotak Mahindra Bank. (2016). Main reasons for using wearables among ultra high net worth households (UHNHs) in India in 2016. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/684090/millionaire-households-in-india-reason-for-using-wearables/
Kotak Mahindra Bank. "Main Reasons for Using Wearables among Ultra High Net worth Households (Uhnhs) in India in 2016." Statista, Statista Inc., 28 Jul 2016, https://www.statista.com/statistics/684090/millionaire-households-in-india-reason-for-using-wearables/
Kotak Mahindra Bank, Main reasons for using wearables among ultra high net worth households (UHNHs) in India in 2016 Statista, https://www.statista.com/statistics/684090/millionaire-households-in-india-reason-for-using-wearables/ (last visited January 08, 2025)
Main reasons for using wearables among ultra high net worth households (UHNHs) in India in 2016 [Graph], Kotak Mahindra Bank, July 28, 2016. [Online]. Available: https://www.statista.com/statistics/684090/millionaire-households-in-india-reason-for-using-wearables/
