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Premium Shift Lifts India’s 2025 Phone Market With Apple’s Record Value Share and Vivo’s Unit Lead

Easy financing accelerated upgrades to pricier models across India.

Overview

  • Counterpoint reports shipments rose about 1% year over year as market value grew 8%, with premium phones reaching a record 22% share after an 11% volume increase.
  • Apple captured a highest‑ever 28% annual value share in India, and the iPhone 16 ranked as the top‑shipped model of 2025.
  • Vivo (excluding iQOO) led by volume with a 20% share for the year, with Samsung second by units.
  • Financing penetration hit 40% of overall smartphone sales, and nearly two‑thirds of premium purchases were financed.
  • Counterpoint projects a single‑digit decline in 2026 shipments as rising memory and component costs pressure demand, especially below ₹15,000.