Premium Devices Demand to Push Smartphone Market to $50 Billion This Year
Business Standard|January 04, 2025
Rising demand for premium devices, led by Apple and Samsung, is expected to increase India's smartphone market size to over $50 billion (about ₹4.28 trillion) this year, market research firm Counterpoint Technology Market Research said on Friday.
Premium Devices Demand to Push Smartphone Market to $50 Billion This Year

The Indian smartphone market size was estimated at $37.9 billion (about ₹3.25 trillion) in 2021, according to the research firm.

"India's smartphone market is on track to achieve its highest-ever value in 2025, crossing $50 billion. Brands like Apple and Samsung are leading this shift by offering competitive options in the premium and ultra-premium segments," the report said.

Apple India has registered a total income of ₹67,121.6 crore, while Samsung reported revenue of ₹71,157.6 crore from the mobile phone vertical in the financial year 2024.

هذه القصة مأخوذة من طبعة January 04, 2025 من Business Standard.

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هذه القصة مأخوذة من طبعة January 04, 2025 من Business Standard.

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