The mobile market has been in decline for several quarters. Maybe because the maximum number of users had been reached, or maybe because of the economic crisis, it seemed for some time that the market could not accept any more sales. The reality is that the market has shrunk and it looked like it would take longer to recover, but We see that recovery from China will come sooner or later.

The latest figures released from the Asian country predict new market growth driven precisely by this country. AND At the forefront of its market is Xiaomi, growing neither more nor less than 14% It aims to achieve a record figure before the end of the year. Xiaomi is pulling up the Chinese market and the global market needs to follow suit.

Xiaomi is growing more than anyone else

We are no longer just talking about Xiaomi’s growth, but analysts also agree that we will see much more optimistic numbers soon. For example, Ming-Chi Kuo, one of the well-known analysts of the mobile world, says that Xiaomi’s sales figures will increase to 2-digit figures in 2024. But things won’t get any worse by the end of 2023. is this Xiaomi has already achieved 14% growth compared to the same period last year.

Xiaomi Car S1 expected to arrive before the end of the year

With the numbers in hand, although it won’t be official until the major auditors put everything in black and white, Xiaomi will close the last quarter of the year with sales of between 40 and 45 million handsets. A figure that would increase the brand’s global sales if copied in the remaining quarter of the year Between 160 and 180 million units worldwide.

This is a very respectable figure that will put Xiaomi among the top 3 mobile phone manufacturers worldwide. And this is all thanks to Xiaomi’s expansion in its home country of China. Let’s remember that China has been setting an example for the rest of the global market for several years and will show this like never before by the end of 2023. It single-handedly attracts the mobile world of the entire planet.

In addition to all this, Xiaomi hopes to close the year with the launch of its first car. hitherto known as Xiaomi Car or Xiaomi S1. The company will enter another market that continues to grow and which it hopes to revolutionize in its own way: the electric car market. It offers technologically advanced models at even more aggressive prices. A great 2024 is coming for the brand.

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