realme was announced to be among the Top 5 brands across 15 regions by Canalys global smartphone shipment report for Q4 2020.
As per the report, realme ranked number four and now holds its position as the fastest-growing smartphone brand among the top five brands in the Southeast Asia market in Q4 2020. The company ranked 3rd in the Philippines and maintained more than 100% year-on-year growth in growing economies like Thailand and Myanmar. In the Indian market, realme became the Top 5 brand with a 12% market share, following the Top 4 closely. In a new development, realme also entered the top five positions in some of the European markets, including Greece, Czech Republic, and Russia. In fact, realme achieved an astounding 338% annual growth in Q4 in Russia.
“realme has achieved amazing success in a short span of time, as is evident by our rapid expansion into new territories. Our ‘Dare to Leap’ spirit, combined with our strategy of bringing a lethal combination of best performance and trendy aesthetics at remarkable prices has truly struck a chord with consumers. We are glad to see consumers in Czech Republic and Greece have appreciated our offerings and shown us their love within one year of starting operations in 2020. realme will keep striving to meet the evolving requirements of the youth, with bold, innovative designs and balanced integration of software and hardware,” commented Madhav Sheth, Vice-President, realme, and CEO – realme India and Europe.
According to Canalys, realme ranked in the Top 5 brands by shipment including the following regions: India, Indonesia, Bangladesh, Cambodia, Thailand, Malaysia, Myanmar, Pakistan, Philippines, Russia, Egypt, Israel, Czech Republic, Greece, and the greater Southeast Asia region as a whole.