Within the third quarter (Q3) of 2023, the pill market in China sustained optimistic momentum, recording a 16% year-on-year progress to 7.4 million items, fueled by seasonal promotions and digitalization in training and leisure. And it was largely excellent news for Apple’s iPad.
Canalys anticipates a 5% progress for China’s pill marketplace for the total 12 months 2023, reaching 28 million items earlier than it stabilizes in 2024. The continual digitalization traits in studying and dealing are a driving drive for pill growth, enabling utilization in numerous life eventualities, together with residence, faculty and enterprise environments, in response to analyst Emma Xu.
Apple and Huawei maintained their dominance, with Apple’s market share contracting to 31% from 38%. Huawei’s market share elevated to 24%, pushed by proactive product advertising and marketing and channel promotion.
Apple offered 2.3 million iPads in China in Q3 of 2023. That compares to gross sales of two.4 million in Q3 of 2022 for an annual decline of 5%.
