Mobile device maker realme is the fastest-growing 5G Android smartphone brand globally in Q3 2021, a new report showed.
The smartphone maker was able to outgrow the market with its 5G smartphone sales growing 831 per cent YoY, compared to the global 5G smartphone sales, which grew at 121 per cent YoY according to the report from Counterpoint Research, a global research firm specializing in products in the technology, media, and telecom industry.
realme was followed by OPPO (165% YoY) and vivo (147% YoY).
“The growth helped realme retain the 6th spot in global 5G Android smartphone sales for the second consecutive quarter. Other fast-growing 5G smartphone brands include OPPO and vivo, driven by their mid-to-high-end 5G smartphones,” the report stated.
Much of the growth was driven by China, India, and European markets.
“Furthermore, realme’s 5G growth in emerging markets has also positioned it well for the future, as 5G rollouts ramp up. Affordability and accessibility will continue to be crucial for all OEMs to capitalize on the grand 5G opportunity,” Varun Mishra, Senior Analyst, noted.
According to ‘Ericsson Mobility Report 2021’, 5G connections across Sub-Saharan Africa will account for 70 million subscriptions by 2026. This will be driven by an estimated one million new 5G mobile subscriptions every day.
In a different report, Samsung Electronics retained the top spot in the global smartphone market within the quarter of the year at 20 per cent in the July-September period, followed by Apple with 14 per cent and Xiaomi with 13 per cent.