Friday, January 31, 2025
HomeTechnologyBig boom in iPhone's share in Indian smartphone market

Big boom in iPhone's share in Indian smartphone market


New Delhi. In India, in 2024, the sales of Apple iPhone have witnessed a big jump of 23 percent on an annual basis. Also, the sales of iPad have also gained 44 percent. This information was given in a report released on Thursday.

In the information shared by Cybermedia Research (CMR) to , it was reported that the Apple iPhone's share in the Indian smartphone market in 2024 has increased to 7 percent. This is due to increasing production at the local level and increasing trend of premiums in small cities.

VP (Industry Research Group) of Cybermedia Research (CMR), Prabhu Ram said, “Apple's iPhone and iPad in the calendar year 2024 have seen a strong increase in double digits. This is because of this to increase premiums in the smartphone. Apple is benefiting from increasing manufacturing and expansion of retail segment at the domestic level. “

India middle class is rapidly attracted to the premium device. The reason for this is not only a change in lifestyle, but also aspiration to adopt advanced technology soon.

He added, “The appeal of iPhone and iPad remains a major driver of market growth for Apple. 2025 and even then there is enough scope for increase. There are still early days for Apple in India.”

See also  Country's IT services market becomes worth 14.5 billion dollars, growth boosted by digital transformation

Apple's entry into India's top five mobile brands in the OctoberDecember quarter of 2024. According to the volume, the company's market share reached around 10 percent.

Due to the production linked incentive (PLI) scheme, the company has also set a record in export along with domestic sales.

More than 1.1 crore shipments have been done by Apple India in 2024.

According to Ram, the growth of Apple in India is expected to continue with a strong pace in the coming year, inspired by aggressive retail expansion, targeted marketing strategies and deep penetration in the ambitious Indian market.

He further stated that there is a strong demand for old models with Apple's latest in India.

Also read – Click to read your state / city news



Image Credit: KhasKhabar.

Top News Bulletin
Top News Bulletinhttps://topnewsbulletin.online
Top News Bulletin was founded by RankMagus, a top digital marketing agency in Kolkata, India, with a clear mission: to provide timely, accurate, and comprehensive news coverage. We believe staying informed is not just important—it's essential in today’s fast-paced world. That’s why we’re committed to delivering breaking news, in-depth analysis, and insightful commentary on a variety of topics, including politics, business, technology, sports, culture, and more. Our team of dedicated journalists and editors works around the clock to ensure that you get the most relevant and accurate news when you need it. At Top News Bulletin, we go beyond the headlines to bring you a deeper understanding of the stories shaping our world. With a commitment to journalistic integrity, we strive to maintain the highest standards of accuracy, objectivity, and fairness in all of our reporting. Whether you're seeking the latest developments in global politics, the newest trends in technology, or thoughtful perspectives on current events, Top News Bulletin is here to keep you informed and engaged. Stay connected with Top News Bulletin—your trusted source for real news, real fast.

Similar Articles

Comments

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular