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Canalys: Worldwide smartphone market surges 27 percent up, Xiaomi grows 62 percent

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Xiaomi recorded its best single-quarter performance ever with a 62 percent growth and 49 million units shipped in Q1 2021 according to Canalys.
Canalys: Worldwide smartphone market surges 27 percent up, Xiaomi grows 62 percent
File photo: Mi 11 Lite

Xiaomi shipped 49 million units in Q1 2021

Canalys – Worldwide smartphone market surges 27 percent up, Xiaomi grows 62 percent
Xiaomi grew 62 percent annually according to Canalys

According to the report, it is not only Xiaomi though. The worldwide smartphone market saw a 27 percent surge due to major regions winning their battles against the pandemic. Samsung is still in first place with 76.5 million units shipped and a 22 percent market share. Apple is in second place with 52.4 million units shipped and a 15 percent market share.
There's even a 27 percent surge in smartphone shipments for Q1 2021
There's even a 27 percent surge in smartphone shipments for Q1 2021

Xiaomi is at third with 49 million units shipped and a 14 percent market share, OPPO is fourth with 37.6 million shipped and an 11 percent market share, while Vivo is at fifth place with 36 million shipments and a 10 percent market share. The rest of the brands total 95.9 million units sold with a 28 percent market share.
These are the stats for Q1 2021
These are the stats for Q1 2021

In terms of annual growth though, Xiaomi saw the biggest improvement at 62 percent, followed by OPPO at 60 percent, Vivo at 48 percent, Apple at 14 percent, and Samsung at 28 percent. Xiaomi's growth can be attributed to the success seen with the Mi 11 Ultra and the hype of the foldable smartphone, Mi Mix Fold.

LG's exit in the smartphone industry signals a new era in the market. Now, aggressive pricing and channel strategy prove to be a key hardware differentiation in the modern day. Not to mention that Motorola, TCL, Nokia, and ZTE are playing the under USD 200 smartphone market very well.


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Source: Canalys
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