India Tablet Shipments Grew 21 Percent in Q4 2023; Apple Leads Market: Report

The Indian pill market witnessed development on a quarter-on-quarter foundation in the final quarter of 2023. CyberMedia Research (CMR) in their Tablet PC Market Report Review for Q4 2023 famous that the pill shipments for Q4 2023 grew, pushed by a powerful demand for 5G tablets. Tablets with solely Wi-Fi connectivity additionally carried out effectively in the quarter, seeing a quarterly rise in shipments in addition to accounting for a majority of the market share. Some of the main pill manufacturers as per the report had been Apple, Lenovo and Samsung.

As per the CMR report, in Q4 2023 the whole pill shipments in India grew 21 p.c on a quarter-on-quarter (QoQ) foundation. Shipments for 5G network-supported tablets elevated 43 p.c on a year-on-year (YoY) foundation, whereas tablets supporting solely Wi-Fi connectivity rose 13 p.c YoY, the latter accounting for 52 p.c of general shipments. The report added that shipments for the premium pill phase, i.e. fashions starting from Rs. 20,000 to Rs. 30,000, noticed a 95 p.c soar QoQ, displaying a shift of the market in direction of high-end units. 

Apple retained its lead market share clever with 25 p.c, the report claimed. This was boosted by the rising demand for the corporate’s iPad 10 and iPad 9 sequence fashions, in keeping with the report. Lenovo claimed the shut second spot with a 24 p.c market share, with the Lenovo Tab M10 and Lenovo Tab M9 being the corporate’s lead fashions in India in the previous quarter, the report famous.

Trailing behind Apple and Lenovo, South Korean tech large Samsung grabbed the third spot in pill shipments in Q4 2023 with a 19 p.c market share. The hottest fashions from the model had been the Samsung Galaxy Tab A7 Lite and Galaxy Tab S6 Lite, in keeping with the report.

For the calendar 12 months 2023, the pill market in India witnessed a 14 p.c YoY decline in shipments, as per the report. However, 5G pill shipments grew 48 p.c YoY in the calendar 12 months. The report additionally famous that though there was an general decline in pill shipments, the expansion of 5G pill shipments suggests a possible shift in shopper preferences inside the pill market.

In the forecast for 2024, the report stated that the Indian pill market will see a gentle 5-10 p.c development pushed by technological developments, numerous product choices, and evolving shopper preferences.