Indian smartphone market grew 6 % YoY in Q3 2024 the place Apple ships 40 lakh smartphones IDC report

There’s excellent news for the Indian smartphone market. The market has registered progress for the fifth consecutive quarter. The market recorded a progress of 5.6 % within the third quarter of 2024. 4.6 crore smartphone models had been shipped right here. Apple has carried out finest right here. The corporate has made the best variety of shipments in any quarter thus far. In keeping with the report, Apple has offered 40 lakh smartphones in India within the final quarter. This has been stated in IDC’s Worldwide Quarterly Cellular Cellphone Tracker report.

Gross sales elevated attributable to reductions and finance choices
E-commerce platforms together with corporations promoting smartphones in India are additionally giving clients the choice to purchase telephones in a versatile method. This contains massive reductions, versatile financing, prolonged guarantee, cashback affords and so forth., giving clients many choices to purchase the telephone. In keeping with Upasana Joshi, Senior Analysis Supervisor at IDC Asia Pacific, market progress has additionally elevated because of the launch of latest 5G smartphones. Main smartphone makers like Apple and Samsung are making their flagship fashions out there with good reductions throughout on-line gross sales.

5G dominance
There’s a good demand for 5G smartphones in India. About 38 lakh 5G smartphones have been offered within the third quarter of the yr. The contribution of 5G units in whole smartphone shipments has reached 83%. From this it may be estimated that 5G units are being bought in giant portions by smartphone customers. Throughout the identical interval final yr, this determine was solely 57%. One think about that is the decline within the common promoting value of 5G telephones. The common promoting value of 5G telephones has come down by 20% on yr on yr foundation.

Apple broke information
Apple has offered the best variety of telephones in India within the third quarter of 2024. In keeping with the report, the corporate offered 40 lakh smartphones in 2024 Q3. The corporate’s iPhone 15 and iPhone 13 fashions had the best gross sales on this. The corporate left Samsung behind right here. Whereas Apple gained a share of 28.7%, Samsung lagged behind with 15.2% market share. Manufacturers like Vivo, Oppo are main the market even within the third quarter. Nothing has additionally registered progress.

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