Apple To End 2023 With 7% Market Share For iPhones In Android-Dominated India – News18

iPhone domestic manufacturing in the country has significantly increased over the past four year.

iPhone home manufacturing within the nation has considerably elevated over the previous 4 12 months.

iPhone 14 collection shipments in launch quarter have been round 58 per cent and iPhone 13 collection have been round 23 per cent within the nation.

Driven by home manufacturing, Apple iPhones are set to garner 7 per cent market share within the Android-dominated smartphone market in India this 12 months, newest knowledge confirmed on Saturday, because the tech big gears as much as globally launch its flagship units subsequent week.

Apple iPhone shipments grew 68 per cent (year-on-year) within the first half of this 12 months within the nation.

In the primary half, Apple secured a 6 per cent market share within the Indian smartphone market and dominated the super-premium smartphone phase (priced between Rs 50,000-Rs 100,000) with a sturdy 63 per cent market share, in line with knowledge from market intelligence agency CyberMedia Research (CMR).

CMR estimates the iPhone 15 shipments within the launch quarter to hover round 65 per cent, pushed by an elevated ‘Make in India’ initiatives.

iPhone home manufacturing within the nation has considerably elevated over the previous 4 12 months.

In one other push to its India manufacturing dream, Apple maker Foxconn began the native manufacturing of the next-generation of iPhone 15 at its Sriperumbudur facility close to Tamil Nadu sooner than ever.

A small set of ‘Make in India’ iPhone 15 models is more likely to be exported to different international locations inside a brief span of time from its international launch.

Other Apple suppliers in India like Pegatron and Wistron (being acquired by the Tata Group) will even assemble iPhone 15 as quickly as potential, in line with sources.

CMR anticipates a 25 per cent YoY development in iPhone shipments with the iPhone 15 collection.

iPhone 14 collection shipments in launch quarter have been round 58 per cent and iPhone 13 collection have been round 23 per cent within the nation.

“Apple has enjoyed a positive growth trajectory in India in recent years, with sales of its older generation iPhones steering growth. The upcoming iPhone 15 series is poised to maintain this growth momentum,” Prabhu Ram, Head-Industry Intelligence Group, CMR, informed IANS.

However, its success will hinge on Apple’s means to successfully handle any potential manufacturing challenges and cargo delays with the 15 line-up, and particularly the ‘Pro’ fashions, he added.

The market momentum for iPhones in India have been pushed by the gross sales of the earlier generaIon iPhones.

Apple is internet hosting its subsequent large international product launch — showcasing the recent lineup of iPhone 15 collection — on September 12. The tech big can be anticipated to announce new Apple Watches on the occasion.

(This story has been edited by News18 workers and is revealed from a syndicated news company feed – IANS)

Source web site: www.news18.com

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