Chinese tech brand realme has been growing rapidly ever since it was introduced as a sub-brand of OPPO in 2018. In late 2020, the company set a record by becoming the quickest brand to reach 50 million shipments. Less than a year later, the brand sets yet another world record. According to Strategy Analytics, realme is now officially the fastest brand ever to ship 100 million smartphones.
As per the report, realme took only 37 months to grow from zero to 100 million shipments. Neil Mawston, the Executive Director at Strategy Analytics of Strategy Analytics, says that realme is the only brand in the last 25 years to achieve this feat. In other words, the young brand is even faster than Apple, Samsung, Nokia, HUAWEI, Xiaomi, and others.
Further, according to the report, the growth of realme has been driven strongly by China and India. In fact, Madhav Sheth, the brand’s CEO for India and Europe, recently revealed that around 50 million realme smartphone users are from India.
That’s not all, realme is currently also the fastest growing smartphone brand in China. The brand registered a whopping 175% HoH growth in its home country during the first half of 2021.
In India, the brand claimed 4th position during its debut quarter of Q2 2018. At present, in Q2 2021, realme held a 14% market share in the country.
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