Developing Technology and changing user demands deeply affected the Android TV Box market and perhaps caused it to be mixed into the dusty pages of history. Today, Android TV Box sales A new report on So, which brand became the market leader? Here are the details.
Android TV Boxes, including the Xiaomi TV Box, have been considered one of the most useful inventions throughout history. These devices made all TV models, old or new, smarter and quickly gained popularity. However, Android TV Box sales has experienced a dramatic decline recently.
Android TV Box Sales at the Lowest in History
Smart TV Box sales in China fell 28.7% in the first half of 2023, reaching a total of 3.5 million. This means that a number that was 14 million in 2016 has fallen by more than 10 million in the last eight years. The smart TV market, which was initially complex and full of poorly equipped, bad interfaces, led people to smart TV boxes. However, rapidly advancing technology has changed this trend.
So, what is the status of brands including Xiaomi? Here are the current market shares:
- Tencent: 21.6%
- Xiaomi: 16.5%
- Seminar: 13.0%
- Tmall Magic Box: 11.6%
- Dangbei: 9.9%
- Others: 27.4%
According to the report, Tencent was the leading brand in TV Box sales. Tencent has managed to hold 21.6% of the total market, increasing its market share by 5.7% every year. The second-ranked Xiaomi had a share of 16.5%, although it experienced a year-on-year decline of 3.8%.
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