Realme was the fastest-growing 5G Android smartphone model globally in Q3 2021 as its gross sales grew 831 p.c on a year-over-year (YoY) foundation, as per a brand new report. Moreover, Realme’s gross sales outgrew world 5G smartphone gross sales progress, which grew at 121 p.c YoY. Curiously, Realme’s 5G gross sales grew 9,519 p.c YoY in India, the place 5G expertise is but to be deployed. As per Division of Telecommunications (DoT), 5G telecom providers are set to be rolled out in chosen cities in India in 2022, a yr anticipated to witness the next demand for 5G units.
As per the Counterpoint Analysis’s month-to-month Market Pulse Service report, the expansion in gross sales helped Realme retain the sixth spot in world 5G Android smartphone gross sales for the second consecutive quarter. Earlier this yr, Realme India CEO Madhav Sheth stated that the corporate goals to be a 5G chief in India. The corporate is additionally working in direction of bringing 5G expertise to the sub-Rs. 10,000 phase. As per Analysis Director Tarun Pathak, Realme’s robust multi-channel technique and a large 5G portfolio throughout price-bands helped it develop the quickest.
Within the world market, the second and third spots are taken by its sister manufacturers Oppo (165 p.c progress) and Vivo (147 p.c progress), respectively, that additionally offered mid-to-high-end 5G smartphones. All these corporations are owned by China-based BBK Electronics. The fourth spot went to a different Chinese language model Xiaomi which registered a 134 p.c YoY progress in 5G smartphone gross sales. Samsung took the fifth spot with 70 p.c progress as in comparison with Q3 2020. Apple, the present 5G market chief, entered the 5G smartphone market in This autumn 2020.
“5G as a expertise has penetrated a lot sooner than its predecessor. As 5G expertise continues to evolve, we enter the subsequent part of progress supported by maturing and broadening gadget portfolios. Moreover, the businesses additionally actively pushed 5G smartphones as a result of higher availability of 5G elements,” Pathak added.
So far as region-wise progress is anxious, Realme 5G smartphone gross sales grew 9,519 p.c YoY in India, a rustic which will deploy 5G expertise in 2022 in choose cities. The second-best progress was witnessed in China, the place its 5G gross sales grew 830 p.c YoY, making it one of many fastest-growing 5G smartphone manufacturers in China. The third-highest progress got here from Europe.
“Realme’s 5G progress in rising markets has additionally positioned it properly for the longer term, as 5G rollouts ramp up. Affordability and accessibility will proceed to be essential for all OEMs to capitalise on the grand 5G alternative,” added Varun Mishra, Senior Analyst.