iPhones Gain 7% In Indian Market Share, Grow 23% YoY

New Delhi: Apple iPhones registered 7 per cent India smartphone market share in 2024, rising on robust local production and growing premiumisation trend in smaller cities, a report showed on Thursday.

On year-on-year basis, iPhones registered 23 per cent growth and iPads an impressive 44 per cent growth in the country, according to data shared by CyberMedia Research (CMR) to IANS.

“Apple's strong growth momentum in CY2024, fuelled by double-digit expansion in both iPhones and iPads, was driven by favourable tailwinds from smartphone premiumisation, alongside a robust push by Apple in domestic manufacturing and retail expansion,” said Prabhu Ram, VP-Industry Research Group, CyberMedia Research (CMR).

India’s aspirational middle class is increasingly investing in premium devices, not only as lifestyle statements but also for their advanced technological capabilities.