New Delhi: Driven by home manufacturing, Apple iPhones are set to garner a 7 % market share within the Android-dominated smartphone market in India this 12 months, newest information confirmed on Saturday, because the tech big gears as much as globally launch its flagship units subsequent week. Apple iPhone shipments grew 68 % (year-on-year) within the nation’s first half of this 12 months.
In the primary half, Apple secured a 6 % market share within the Indian smartphone market and dominated the super-premium smartphone phase (priced between Rs 50,000-Rs 100,000) with a strong 63 % market share, in keeping with information from market intelligence agency CyberMedia Research (CMR). (Also Read: Zomato Delivery Executive’s Heartwarming Ducati Ride Goes Viral – You Won’t Believe What Happens Next)
CMR estimates the iPhone 15 shipments within the launch quarter to hover round 65 %, pushed by an elevated ‘Make in India’ initiative. iPhone home manufacturing within the nation has considerably elevated over the previous 4 years. (Also Read: Prophet Muhammad Was ‘Maryada Purushottam’; Bihar Education Minister Sparks Controversy)
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 world launch. According to sources, different Apple suppliers in India like Pegatron and Wistron (being acquired by the Tata Group) may even assemble the iPhone 15 as quickly as doable.
CMR anticipates a 25 % YoY development in iPhone shipments with the iPhone 15 collection. iPhone 14 collection shipments within the launch quarter have been round 58 % and iPhone 13 collection have been round 23 % 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, instructed IANS.
However, its success will hinge on Apple’s capability 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 has been pushed by the gross sales of the earlier era iPhones.
Apple is internet hosting its subsequent large world product launch — showcasing the contemporary lineup of the iPhone 15 collection — on September 12. The tech big can be anticipated to announce new Apple Watches on the occasion.
