Apple’s market share in India set to rise as iPhone 15 lineup goes on sale right now

Additionally Learn: ndia iPhone 15 Sale Dwell:

 Apple’s market share is anticipated to rise from 5% within the first half of 2023 to round 7% within the July to December interval of the identical yr, as per Counterpoint Analysis information quoted by information company Reuters.

The report additionally notes that demand for Apple’s iPhone 15 Professional and Professional Max fashions is excessive with wait occasions going up until late October, just like the traits seen in China and the US. 

Furthermore, Counterpoint information confirmed that iPhone 15 Professional fashions will likely be accountable for round 25% of the general shipments by Apple within the fourth quarter. This can mark a 4% improve from the iPhone 14 Professional fashions that had been launched final yr. 

Apple’s success in India has largely been attributed to the expansion of the premium smartphone phase in India, famous Nabila Popal, Analysis director at market intelligence firm IDC. He stated, “The premium smartphone market in India has climbed tremendously from 0.8% of the entire market in 2019 to six.1% within the first half of 2023 and that is largely attributed to Apple’s success,”

Apple taking a look at India as a driver for progress: 

The Reuters report famous that Apple is the largest participant within the above $800 market with a share of 67% within the first half of 2023. In the meantime, South Korean smartphone maker Samsung accounted for almost 31% of the market share in the identical phase. 

Apple has been taking a look at India as one of many huge progress drivers amid weakening demand and regulatory pressures in China, reported Reuters. The corporate additionally opened its first two retailers within the nation earlier this yr and CEO Tim Prepare dinner had famous that Apple had hit ‘file’ income within the nation through the June quarter. 

Up to date: 22 Sep 2023, 12:23 PM IST