Apple has the 5th largest market in India, according to 2023 data.
Story: Tech news updates India; 02-08-2023;
Apple growth in 2023 in India:
According to Counterpoint Research, India is now the fifth-largest market for Apple, trailing behind companies like Samsung (20.1%), Vivo (17.1%), Xiaomi (16.2%), OPPO (12.4%) and realme (with 9.1% market share.)
Apple has recorded a mere market share of just 7% and is the 6th largest in terms of smartphone selling companies in India.
• The Apple product shipments grown by 33% in Q1 2023, according to the reports.
Apple's growth in India might be the result of their big interest in the market, as Apple recently opened the first official store in Mumbai, just a few months ago. Apple did also launch budget friendly iPhone SE 3, and of course the Apple's brand value (ever-growing).