The demand for iPhone is increasing rapidly in India. Soon India will become the world's third largest iPhone market after America and China. Not only this, India is also setting new records in terms of iPhone manufacturing. This year India has broken many big records in terms of iPhone export. India will also become the second largest manufacturing hub for Apple after China. According to market reports, iPhone sales in India can increase to 15 million units.

Third largest market by 2026

The rapidly growing sales of iPhones in India is also due to the declining market share in China. After the ban on the Chinese brand Huawei, Huawei phones stopped selling in many countries around the world. The demand for iPhones in the Chinese market is decreasing due to the revival of the Chinese brand. According to a new report by Counterpoint Research, India can become the third largest market in terms of iPhone shipments by 2026.

What is the situation at this time?

India is currently the fifth largest market in the world in terms of iPhone sales. In recent times, the demand for iPhone has increased rapidly in India. The US ranks first in terms of iPhone shipments. It is followed by China, then Japan and the UK. The way the demand for iPhone has increased in India, it is expected that its demand will increase by another 20 percent by 2026.

Many records of SAIL broken in 2024

According to market research, the main reason for the increase in iPhone sales and revenue in India is the discounts given on phones during the festive season, the increasing trend of users towards premium products and increasing financing options. This is the reason why people are able to afford flagship phones like iPhone. In the third quarter of 2024, Apple has shipped 8.5 million units of iPhone in India, which is more than the total shipments of 2023. 4 million more units are expected to be added in the last quarter of the year. In this way, a total of 12.5 million units of iPhone can be sold in India this year, which will be an all-time high.