New Delhi, December 29, : .Smartphone brand realme was the fastest growing 5G Android smartphone brand in Q3 this year.It registered an 831 percent growth (on-year), according to a report released Wednesday.India’s realmes 5G smartphone market grew by a staggering 9,519 percent, which is the highest among all countries.For the second quarter in a row, realme remained at the sixth position for global 5G Android smartphone purchases.Most of the growth in realme came from China and India, as well as Europe.
Counterpoint Research also found Vivo and OPPO are fast growing 5G smartphone brands.This is due to their high-end 5G smartphones.
The global 5G smartphone market grew by 121 percent (on-year) OPPO saw a 165 percent increase, while Vivo experienced a 147% growth during the third quarter.
“OEMs are constantly bringing 5G to all price levels and locations, which makes it easier for everyone.Tarun Pathak, Research Director at the company said that 5G phones were actively promoted by the companies due to better availability of components.
Realme’s strong multi-channel strategy, as well as a broad portfolio of 5G devices across all price bands, made it the fastest growing company, ahead of OPPO (vivo) and vivo.Apple, currently the market leader in 5G, entered the market for 5G smartphones only in quarter four 2020, he said.
For a country that has yet to deploy 5G, the growth of India’s market is remarkable.
China followed this trend, with its 5G sales growing 830 percent YoY.It is now one of China’s fastest-growing 5G smartphone companies.Varun Mishra, senior analyst at Stratigraphics, stated that Europe was the third-highest growth region.
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