Although sales may not rise as rapidly as they have between 2015 and 2025, Apple is expected to maintain growth in India, according to reports.
Apple’s iPhone sales in India could see slower growth in the coming years after a decade of strong expansion, according to International Data Corporation (IDC) India. The report predicts that sales will reach about 16 million units in 2026, rising from 1.5 million units in 2019 to 15 million units in 2025.
India remains one of Apple’s key markets. The company has highlighted the country’s performance in its fiscal Q2 2024 earnings call, with CEO Tim Cook describing India as an important market for future growth.
Meanwhile, smartphones priced above $500 account for around 20-25 per cent of annual smartphone sales in the country, according to IDC. As Apple largely operates in this category, its growth is expected to slow compared with the pace seen over the past several years. The rise in premium smartphone sales has also contributed to growing demand for advanced smartphone components and related electronics.
Rishi Padhi, Principal Analyst at Gartner, said Apple’s share of annual smartphone sales in India is approaching 10 per cent, leaving less room for rapid expansion.
Despite the expected slowdown in iPhone sales growth, Apple’s presence in India continues to strengthen. A Kotak Mutual Fund report estimates that the company’s India revenue could rise to ₹1.42 trillion in FY26 from ₹790.61 billion in FY25.
