India’s smartphone market is witnessing significant expansion, with a recent report highlighting substantial growth. Shipments have risen by 8% year-on-year, and market value has increased by 18%. This upward trend indicates a rise in both the volume of smartphone sales and consumer expenditure. The iPhone 16 has taken the lead, appealing to Indian consumers’ preference for high-end devices. Premium and ultra-premium models are fueling this growth, supported by promotional offers, financing options, and limited-time sales events by various brands.
Indian Smartphone Market Booms: iPhone 16 Tops Charts Amidst Shifting Vendor Landscape
