Home The Rise Of Xiaomi In Europe: From 4% Share of Smartphone Sales In 2019 To 24% In 2021
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The Rise Of Xiaomi In Europe: From 4% Share of Smartphone Sales In 2019 To 24% In 2021

Rex Pascual Finance News Writer Author expertise
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The stranglehold of smartphone giants Apple and Samsung on the European market seems to finally be loosening as other competitors gain a larger piece of the smartphone pie in Europe. According to data presented by Trading Platforms, as of Q2 2021, Xiami now has a 24% share of European smartphone sales compared to just 4% in Q1 2019.

Xiaomi Overtakes Apple In Europe As Second Largest Smartphone Vendor – 24% Sales Share

2020 was a tough year for the smartphone industry in Europe. The effects of the Covid-19 pandemic decreased demand significantly while lockdowns around the world also caused supply-chain issues, causing a downturn for the industry. Smartphone giants Apple and Samsung were not immune to the effects of the pandemic and still continue to struggle against the lingering effects of 2020 in the first half of 2021.

This allowed Chinese consumer electronics company Xiaomi to strengthen its presence in the European continent. In Q2 2021, Xiaomi overtook Apple as Europe’s second-largest smartphone vendor with a 24% share of all smartphone shipments in Europe, behind only Samsung’s 30% share.

European Smartphone Industry H1 2021 – Xiaomi Leading The Way

The smartphone industry in Europe is showing signs of recovery in 2021, albeit still below pre-pandemic levels. Xiaomi’s YoY growth in smartphone sales reached 151% compared to Samsung’s 20% and Apple’s 55%, allowing it to grow from holding just a 4% share of the market in 2019.

Xiaomi did well to capitalize on the last couple of months being Apple’s midpoint between product launches, allowing them to overtake them for second place. Samsung themselves have run into more supply chain issues due to COVID-19 related shutdowns in places where their factories are located, further opening the window for Xiaomi.

In January 2021, Xiaomi had the lowest share of smartphone sales in Europe out of the three brands at just 17.3% compared to Samsung’s 27.4% and Apple’s 33.6%. By the end of the second quarter of 2021, Xioami had leapfrogged both brands with a 27.2% share of smartphone sales in June. Xiaomi edged out Samsung at 26.9% and widened the gap with Apple who had a 20.4% share of sales.

Rex Pascual, editor at Trading Platforms commented:

“Xiaomi’s rise in Q2 2021, while opportunistic, was just the latest evidence of the brand’s rising influence in Europe. Considering the brand had less than a 5% share of smartphone sales just two years prior is a testament to the brand’s strong performance in recent years. In July, Xioami had reportedly passed Apple as the world’s second-largest smartphone maker, proving that its influence in the European continent is poised to grow even more in the coming years.”

 

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Rex Pascual Finance News Writer

Rex Pascual Finance News Writer

Rex is an Editor who specializes in creating high-quality content about Esports, Sports, Finance, CBD and Tech. Rex is an experienced SEO writer who is passionate about creating content that is user-focused. 

Before working with Finixio, Pascual worked as a Senior Contributor for GiveMeSport, an SEO Content Executive for Gamesys and a Freelance Write for Write Label. Rex developed his content writing skills while studying at University where he received a Bachelor of International Studies. 

Rex is active in the finance space and uses his industry knowledge to write regular news posts for Trading Platforms. He uses accurate sources to deliver content that is timely, helpful and informative.