Apple reportedly secured a spot amongst India’s prime 5 smartphone manufacturers in 2024. It’s the first time the Cupertino-based tech large has made it into the highest 5 smartphone manufacturers in India, because it began promoting iPhone fashions within the nation. Apple launched the newest iPhone 16 sequence within the third quarter of final 12 months, however the model’s newest achievement comes on the heels of the elevated recognition of the previous-gen iPhone 15 and iPhone 13 fashions. Aggressive trade-in presents additionally seem to have fuelled the gross sales of the corporate’s smartphones within the nation.
Citing preliminary information from market analysis corporations IDC and Counterpoint Analysis, Moneycontrol stories that Apple has captured a 9 % to 10 % market share within the October-December (This fall 2024) interval. This can be a notable achievement for the model because it broke into the highest 5 checklist for the primary time since launching iPhone fashions in India.
Apple’s rise to the highest 5 smartphone manufacturers for the primary time is reportedly attributable to festive reductions and interest-free financing plans that embody no-cost EMI for as much as 24 months. “E-tailer offers additionally ensured a excessive double-digit development for Apple by way of the 12 months” the report quotes Upasana Joshi, Analysis Director at IDC as stated.
The recognition and sale of 2023’s iPhone 15 and the iPhone 13 reportedly drove Apple’s success. The iPhone 15 was launched in September 2023. The iPhone 13 was launched in 2021 and it’s now not bought by way of Apple’s official web site in India.
Apple’s Progress in India
Apple’s enlargement within the nation is a part of its international technique, and India is poised to develop into the corporate’s third-largest market by 2026. The agency’s native gross sales volumes in India have been rising for 5 consecutive years and are projected to achieve 15 million items yearly by subsequent 12 months. Presently, India is the iPhone maker’s fifth-largest market, behind Japan (third) and the UK (fourth).
As per the IDC report, Apple shipped over 12 million iPhone items in India in 2024, marking 34–35 % year-on-year development in comparison with 9 million shipments in 2023. The model can also be specializing in strengthening its native manufacturing within the nation and is eying to increase its India-made portfolio.
Apple began manufacturing the iPhone 16 Professional and iPhone 16 Professional Max domestically within the nation by way of Foxconn and Pegatron. It’s stated to be ramping up part manufacturing for AirPod wi-fi charging instances by way of Jabil.
