India smartphone market sees decline in shipments, but increase in value due to iPhone

  • Shipments of smartphones made in India declined in 2022 overall.
  • The value of the market is increasing due to premium smartphones, such as the iPhone.
  • Counterpoint Research examined “Made in India” smartphone shipments and found a 3% decline year-over-year to 188 million units.
  • The decrease in consumer demand due to macroeconomic factors was the primary cause of the decline.


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