Home » Technology » Decline in Android TV Box Sales: Xiaomi and Tencent Leading the Market

Decline in Android TV Box Sales: Xiaomi and Tencent Leading the Market

As you know, including Xiaomi TV Box Android TV boxeswas probably one of the most useful inventions in history. These devices have gained notoriety by making all television models, old or new, smarter. In addition, at that time, each brand had its own operating system and users could only get efficiency from premium devices. This has increased the popularity of TV box manufacturers such as Xiaomi. But it seems that those days are gone. Android TV Box sales lowest levels in eight years. declined.

Android TV Box sales hit rock bottom

According to the latest reports shared, smart TV Box sales in China in the first half of 2023 down 28.7 percent total 3.5 million reached. This number in 2016 around 14 million Let me point out. Therefore, in the last eight years A loss of more than 10 million aforementioned. Actually, this is not surprising at all. The initially complex smart TV market was filled with products with poor hardware and bad interfaces. That’s why people have turned to smart TV boxes to improve the performance of their smart TVs. However, with the rapid advancement of technology, this trend is changing.

So, how are the situations in the list that includes Xiaomi? Here are the current market shares of the manufacturers:

Tencent: 21.6% Xiaomi: 16.5% Semine: 13.0% Tmall Magic Box: 11.6% Dangbei: 9.9% Others: 27,4 %

According to the shared list, the brand dominating TV Box sales Tencent it happened. market share from year to year 5.7 percent Tencent increased the total market to 21.6 percent managed to have it. In the second place of the list, it is one of the pioneers of the market. Xiaomi is located. While the share of the company decreased by 3.8 percent year on year, it reached a share of 16.5 percent. However, it is worth noting that the Chinese manufacturer has almost 40 percent of the global market. Other names that followed Xiaomi were Semine (13 percent), Tmall Magic Box (11.6 percent), Dangbei (9.9 percent) and other manufacturers (27.4 percent).

(Updated: 31.7.2023, 14:19)

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2023-07-31 10:30:00
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