Xiaomi eying on the top spot in the smartphone market

2000px-Xiaomi

Xiaomi has been making good strides in the smartphone market lately. The company has been largely benefiting from its populous homeland China and neighboring countries such as India (all hail Flipkart flash sales). Xiaomi was founded in April 2010 and launched its first phone in August 2011. Now, after three years, it has reserved the third spot in the smartphone market worldwide in terms of sales. The company has attained such growth despite its sales being limited to plenty of asian countries.

Xiaomi’s CEO Lei Jun is certain about company’s manifold growth. According to Lei Jun, Xiaomi will acquire the number one market spot worldwide in a period of five to ten years.

However, as we all know that smartphone market is as tentative as stock market so one never knows what might happen especially in a stretched period of five to ten years. Though, Xiaomi’s sales graph is impressive, if it keeps going forth that swiftly then we might see Jun’s prediction shaping into a reality. Moreover, Xiaomi also has solid plans to expand its sales across the world, which in turn will boom its sales by notches.

Lei Jun revealed his ambitions for Xiaomi at a conference held in China, where he also flaunted 70 million active consumers and he is also expressed the certainty that the consumer base would rise to 200 million users by next year, as the company is expected to sell 100 million smartphones in the year 2015.

Xiaomi might be enjoying the front row in the asian market but it still has a long road to cover in order to emerge as the world leader. In accordance with company’s data, it has 5 percent market share worldwide compared to the whooping 25 percent of Samsung and 11 percent of Apple. All that seems like a lot of hard work to be done by Xiaomi.

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6 Comments on "Xiaomi eying on the top spot in the smartphone market"

 

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Rama
November 21, 2014 7:08 pm 7:08 PM
*It is definitely possible for the company to become No 1 manufacturer in terms of pure volume. In my opinion its enough if Xiaomi concentrates on four countries namely Brazil,India,China and Russia and one continent called Africa. All the five are developing countries\continent although Russia to a lesser extent. Xiaomi is already the top dog in China being No 1 over there, their Indian operations have been off to a rocky start with privacy and software issues but still according to my estimates Xiaomi has easily sold around a million Mi handsets at the time of writing this comment. If… Read more »
prathap
November 23, 2014 1:34 am 1:34 AM

How to choose a phone, which is best mobile in market now?

Rama
November 23, 2014 8:59 am 8:59 AM

*U need to tell ur needs,if software matters more then go for Android One, if brand name matters then go for Moto E,if specs matter then Xiaomi Redmi 1S
*If price is not a constraint for u then u can consider handsets like iPhone 6\6+ or maybe HTC One M8\Sony Xperia Z3 and such.

Kanaga Deepan N
November 22, 2014 11:13 am 11:13 AM

Good one Rama… Exactly I feel the same… Hats off to you…

adil
November 22, 2014 12:13 am 12:13 AM

rama only one word…….. WoW
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u r great man u think so deeply n if hugo bara reads this he would be really impressed…..

jack
November 21, 2014 4:08 pm 4:08 PM

if they keep coming with good budget devices and gives os updates regularly then they can become number one atlest in India sooner than they have estimated…

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