According to the latest research from Strategy Analytics, the global smartphone shipments will rebound +6.5% YoY to reach 1.38 billion units in 2021. xiaomi smartphone
The growth is driven mostly by the improved economic situation as the COVID-19 pandemic weakens, a growing stock of aging smartphones and the operator/vendor push for migration to 5G.
Top 5 Smartphone Vendors: Global Smartphone Shipment Market Share %: 2020 vs 2021 (Source: Strategy Analytics, Inc.)
Abhilash Kumar, Smartphone Analyst at Strategy Analytics, said, “For 2021, we believe Xiaomi will emerge as the third largest global smartphone vendor surpassing Huawei. Xiaomi has been performing well in the India and Russia markets, and has also been very aggressive in Central & Eastern Europe and Western Europe.”
Commenting on the regional outlook of the Chinese vendors, Linda Sui, Senior Director at Strategy Analytics, added, “2021 is going to be the year of Chinese smartphone vendors. In Asia Pacific, vivo, Xiaomi and OPPO will become top 3 players driven by aggressive marketing, expanding channel footprints and competitive pricing.”
The report also notes that in Africa & Middle East, Transsion will pass Samsung as the largest vendor with Samsung falling to second place. Xiaomi will surge into third place ahead of Apple. In the Western European markets, Xiaomi will solidify its grip on third place after Apple and Samsung.
According to IDC Worldwide Quarterly Mobile Phone Tracker, smartphone shipments are forecast to grow 13.9 percent year over year in the first quarter of 2021 and 5.5 percent for the full year 2021.
XIAOMI IS LISTED AS TOP 100 GLOBAL INNOVATOR xiaomi phones
On Feb 23rd, 2021, Clarivate Analytics, the world’s leading professional information service provider based in London, UK, released the “2021 Global Top 100 Innovators” report. Four Chinese companies were selected as this year’s global top 100 innovators, namely: Huawei, Tencent, Xiaomi, Telecommunications Science and Technology Research Institute (now part of China Information and Communication Technology Group Co., Ltd.).
These four companies represent China’s enterprise innovation capabilities and also demonstrate the determination of Chinese companies to persist in innovation and never stop exploring.
Embrace innovation, from 10 to infinity
In our quickly evolving world, innovation is the wealth of all mankind, becoming increasingly more important day after day. Xiaomi relies on the rapid commercialization of innovations through its “Hardware + new retail + internet” model that it has followed since the day it was founded. Xiaomi revenue surpassed 100 billion RMB in just 7 years since the company was established, setting a historical record in global business history. In 2019, Xiaomi’s revenue exceeded 200 billion RMB, with its products entering more than 90 countries and regions around the world.
In 2020, Xiaomi became the third largest mobile phone manufacturer in the world. By the third quarter of 2020, the number of connected devices in Xiaomi’s AIoT ecosystem (excluding smartphones and laptops) had reached 289 million, making it one of the world’s largest consumer-grade IoT platforms. xiaomi smartphone
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