Business Xiaomi may lose top spot in Indian smartphone market in 2020 Updated : December 15, 2019 04:10 PM IST By the third quarter of 2019, Xiaomi's market share fell to 27.1 percent. To retain their numero uno position, Xiaomi would need to go beyond its existing brand imagery and also consolidate its offline play. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.