Industry

Realme leads Bangladesh smartphone market in 2021: Counterpoint

Youth-centric brand realme led the smartphone market of Bangladesh in 2021 with a 17 percent share, according to the latest report of global research firm Counterpoint.

At 82 percent year-on-year, realme grew the highest among the top five brands in 2021, it said.

Bangladesh’s overall smartphone market increased 11 percent year-on-year during this time, the Counterpoint report also said.

However, the 5G smartphone penetration is still in a very early stage in the country.

Telecom operator Teletalk started rolling out its 5G network in the country on December 31, 2021.

Initially, the network will be available at six major locations before being expanded to more locations in 2022.

5G smartphones will capture a significant share in the market in the coming years.

According to another report published by the leading global technology market analyst firm Canalys, realme clinched the top spot as a smartphone maker in the Bangladeshi market in terms of shipments in Q4 2021.

Realme made it to the top with a 20 percent unit share and registered over 50 percent growth in Q4.

Source: United News of Bangladesh