According to counterpoint, Realme topped the smartphone market with a 17% market share in the overall handset market in 2021.
At 82% YoY, it grew the fastest among the top five brands in 2021, read a press release.
The report also states that Bangladesh's overall smartphone market increased 11% YoY in 2021.
It also pointed out that the 5G smartphone penetration is still at a very early stage in Bangladesh.
However, telecom operator Teletalk has started rolling out its 5G network in the country as of 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 of the market in the coming years.
According to another report published by the leading global technology market analyst firm, Canalys, Realme has clinched the top spot as a smartphone maker in the Bangladeshi market in terms of shipments in Q4-2021.
It has made it to the No. 1 position with a 20% unit share and registered +50% growth in Q4 as well.
It is noteworthy that it is developing a diverse portfolio of 5G products to offer 100 million 5G phones in the next three years to young users.
Besides affordable 5G phones, Realme will also bring more AIoT products to young consumers as it has entered the AIoT 2.0 development phase with its advanced "1+5+T" strategy.