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Xiaomi grows out of all proportion annually, the others watch behind

Xiaomi is among the top 50 innovative companies in the world according to Boston Consulting Group (BCG) and this inevitably led to one substantial annual growth. The data of the various analysis agencies speak for themselves. Here we will see a Strategy Analytics report which takes a picture of the various companies internationally. Clearly we are interested in that of Lei Jun who, according to what emerged is the one who, in relation to the others, has grown the most. The reference period is Q1 of 2020 and 2021, therefore the first three months of the two years. Other than a crisis!

Xiaomi continues its undaunted growth: business grows and shipments increase dramatically: snatch the throne from Huawei

The Strategy Analytics report shows the performance of companies in the Q1 period of 2020 and 2021. The data taken into consideration is the amount of devices shipped in the millions, in relation to the amount of market that each brand has. As might be expected, the former throne of Huawei has been abandoned and, if we analyze as given the percentage of annual growth, Xiaomi and vivo are tied in first place. However, the colossus led by Lei Jun, globally, owns one wider market share.

xiaomi growth q1 2021

In fact, we see that for the same percentage (85%, or the year-on-year growth from 2020 to 2021 in the reference period), Xiaomi holds the 15% market share compared to 11% of vivo. However, this 85% growth is not surprising. If we consider that during this year not only the COVID epidemic broke out but also the terrible one chip crisis, in another historical moment i numbers would be more than duplicated. We recall in this regard that in February Xiaomi has grown in Europe by 95%, and it is just a slice of the global market. In short, the rise of the brand is unstoppable and others can only watch.

Through | Android Authority, Gizchina

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Gianluca Cobucci
Gianluca Cobucci

Passionate about code, languages ​​and languages, man-machine interfaces. All that is technological evolution is of interest to me. I try to divulge my passion with the utmost clarity, relying on reliable sources and not "on the first pass".

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