Realme sold 15 million smartphones in 2019. Plans for 2020 are ambitious

Realme launched as an independent brand in May 2018,
and quickly became a reference in the second largest
market in the world – India. The brand has recently
arrived in Europe, and presents itself as a major opponent
of Xiaomi by offering a great cost-benefit on their
smartphones.
According to its CEO, Madhav Sheth, the company was
able to sell 15 million smartphones in 2019. Not content
with that, the goal for next year is ambitious: “We plan to
double that number by 2020.”
Madhav Sheth, CEO of Realme
Realme is already fourth best-
selling manufacturer in India
Realme’s expectations are realistic. In the Indian market,
the young manufacturer is already the fourth best seller
with 15 .2% market share. It is only surpassed by Vivo (15.
2%), by Samsung ( . 9%) and by Xiaomi with 27 1%.
Realme eventually opted for a similar online strategy
Xiaomi’s, which eventually gave her this sudden growth.
According to Madhav Sheth, Realme is the seventh
fastest-growing smartphone maker in the world.
Although Realme is already one of the best-selling brands
in India, the young maker already has insole on the
European continent, and its official website already ships
directly to Portugal.
At the moment the big questions about Realme are only
about its ability to offer long term updates on their
devices. In recognition of its value for money, the
company is increasingly admiring.