Premium Tablets Push India’s Market To New Records In 3Q24!

- Advertisement -

With booming 5G adoption and premium tablet trends in the festive season, India’s tablet market exploded with a 46% YoY and 79% QoQ growth in 3Q24. Apple ruled the market.

The Indian tablet market saw an impressive 46% year-on-year (YoY) growth and skyrocketed with 79% quarter-on-quarter (QoQ) growth in Q3 2024.  According to CyberMedia Research (CMR)’s report, this growth has been fuelled by the increasing adoption of 5G tablets and a trend towards premium products during the festive season.

Wi-Fi-only tablets held a strong 62% market share in Q3 2024, favoured for their affordability and suitability for home use. Meanwhile, 5G tablets saw significant growth, securing 19% of the market as consumers sought high-performance, portable devices.

- Advertisement -

Commenting on the dominant brands, Menka Kumari, Analyst – Industry Intelligence Group (IIG), CMR, noted, “Apple and Samsung are clear winners from these strong tailwinds. Recent market entrants, including Xiaomi and OnePlus, are also gaining traction among value-conscious consumers.”

Apple dominated the Indian tablet market in 3Q24, capturing a 34% market share and achieving a notable 95% YoY growth. The new iPad 10 Series played a pivotal role in this success, accounting for 60% of Apple’s total shipments.

Samsung secured the second spot with a 25% market share and a 70% YoY growth. Its diverse product lineup, including premium and budget-friendly tablets, has helped the brand appeal to a broad spectrum of consumers. The Samsung Galaxy A9 Plus 5G was particularly significant, contributing 52% of Samsung’s total shipments in the quarter.

Xiaomi experienced remarkable growth with a 146% YoY increase in tablet sales. The brand’s value-for-money offerings, including the popular Redmi Pad (with 37% of shipments) and Redmi Pad SE WiFi (having 26% shipped), played a crucial role in Xiaomi’s surge, particularly in India’s price-sensitive market.

In contrast, Lenovo struggled in Q3 2024, facing a 13% decline in unit sales. Although the Lenovo Tab M11 4G + Wi-Fi (with 28% market share) and Lenovo Tab Plus (16% market share) were the top contributors to its shipments, they could not offset the overall decline in sales.

OnePlus achieved a 97% YoY increase in tablet sales. The OnePlus Pad Go Wi-Fi Series was a standout product, making up 57% of OnePlus’s total shipments, further establishing the brand’s growing presence in the competitive tablet market.

Kumari stated, “India’s value-conscious consumers are prioritising better-speed tablets for work, learning and play. As brands align their strategies with consumer expectations, the future of the tablet market looks incredibly promising.”

- Advertisement -

Most Popular Articles

Shubha Mitra
Shubha Mitra
Shubha is a journalist at EFY. She is keenly interested in India's evolving electronics ecosystem. Her focus revolves around government policies, legislation, and public-private partnerships related to the industry.

US Startup Eagle Electronics Raises $14M, Eyes Manufacturing Expansion

0
Securing $14 million in state funding, Ohio electronics manufacturing startup Eagle Electronics eyes on boosting its Solon facility, incorporating advanced tech and partnerships to...
Representation Image

India’s Electronics Component Makers Urging For Dedicated PLI Scheme In Budget 25

0
The proposed Production-Linked Incentive (PLI) scheme for electronic components could address critical gaps in the domestic manufacturing ecosystem and reduce reliance on imports. Electronics component...
Clone Alpha Robots

Robotics Startup Clone Unleashes Full Humanoid Robot ‘Clone Alpha’

0
Instead of relying on conventional robotic components, Clone Robotics has crafted synthetic versions of human organ systems. Three years after showcasing a remarkable water-powered robotic...

VSMC Starts Construction Of $7.8B Fab In Singapore

0
Set to produce 55,000 wafers monthly by 2029, VIS and NXP's joint venture VSMC’s $7.8 billion semiconductor facility in Singapore breaks ground. VisionPower Semiconductor...
Representation Image

Dr. S Jaishankar Announces India-Japan Semiconductor Partnerships

0
The minister underscored the strategic importance of the emerging semiconductor collaboration among India, Japan, and Taiwan. At the 2nd India-Japan Forum in July 2023, External...

“SEMI Is Actively Working With Indian Universities, Institutions To Create India’s Semiconductor Academy” –...

0
India’s semiconductor industry is expected to face a significant talent shortfall, with a projected shortage of 250,000 to 300,000 professionals by 2027. In an...
Alex P. James From Digital University Kerala

“We Have Removed Traditional Classroom-Based Teaching And Transitioned To Experiential Learning” – Alex P....

0
For India to become a design powerhouse, it must focus on developing Indian-owned companies that can sell their IPs and products globally, not just...
Prassann Daphal, CEO, Evergreen Recyclekaro India

“Our Patented Method Now Extracts Lithium Carbonate At Over 90% Efficiency And 99% Purity...

0
In a conversation with EFY’s Nitisha Dubey, Prassann Daphal of Evergreen Recyclekaro India Private Limited highlights how plasma furnace technology transforms complex materials into...

Build Future-Ready Semiconductor Titans For India’s High-Tech Ascent To Global Semiconductor Leadership

0
Steve Sanghi of Microchip Technology speaks with Dr Satya Gupta from VLSI Society of India, sharing his insights into the future of chip technology...
Andy C Mackie, Principal Engineer - Advanced Materials, Indium Corporation

“Our Multi-Alloy System Enables Solder Joints To Form At Lower Processing Temperatures Without Sacrificing...

0
Liquid metal-based thermal solutions offer efficient cooling but face challenges like spillage and reliable thermal resistance in ultra-thin layers. Akanksha Sondhi Gaur and Nijhum...

US Startup Eagle Electronics Raises $14M, Eyes Manufacturing Expansion

0
Securing $14 million in state funding, Ohio electronics manufacturing startup Eagle Electronics eyes on boosting its Solon facility, incorporating advanced tech and partnerships to...
Alex P. James From Digital University Kerala

“We Have Removed Traditional Classroom-Based Teaching And Transitioned To Experiential Learning” – Alex P....

0
For India to become a design powerhouse, it must focus on developing Indian-owned companies that can sell their IPs and products globally, not just...

InsideFPV Drone Technology For Agriculture, Defence, And Accessible Consumer Solutions

0
InsideFPV Private Limited, a deep-tech drone company, was founded in July 2020 amid the Galwan Valley conflict between India and China. Founded by Arth Chowdhary,...
XP300

Precision PCB Assembly With Xaltan Systems’ Made-In-India Tech

0
As of 2024, this startup is recognised for its innovative desktop pick-and-place machine, transforming electronic prototyping and small-scale manufacturing. Efficiency, accuracy, and adaptability are the...

Canebot: A Robotic Vending Machine Serving Fresh Sugarcane Juice

0
Pune’s Canectar Foods Private Limited has introduced Canebot, a robotic vending machine designed to dispense fresh sugarcane juice. Founded in 2018 by Milind Datar and...

Industry's Buzz

Learn From Leaders

Startups