realme becomes Europe’s breakthrough smartphone brand with 183% YoY growth - News Summed Up

realme becomes Europe’s breakthrough smartphone brand with 183% YoY growth


Global emerging consumer technology brand realme shipped 12.8 million smartphones globally in the first quarter of 2021, according to data from Counterpoint Research. Since expanding into the European market in 2019, realme has rapidly emerged to become the fastest growing smartphone brand in the region with 183% YoY growth in Q1 2021, says Counterpoint Research. realme is also fourth in Slovenia and retains its strong growth momentum in Russia as the fifth biggest player, growing 682% YoY. In Southeast Asia, realme regained its top spot in the Philippines with a 23% market share and a 95% annual YoY growth. As a relatively young company, realme accelerated its expansion during the past 12 months, delivering more than 45% YoY growth on average every quarter.


Source: The Nation June 01, 2021 11:48 UTC



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