Xiaomi had a market share of 10.5 percent with handset shipments reaching 5.5 million units in Q3, up from 3.2 million units in the same period last year.
The growth was driven by aggressive market expansion and a strong volume product portfolio, said the report.
Xiaomi ranked fourth in terms of shipments after Apple, whose shipments reached 9.8 million units.
Huawei, another Chinese tech firm, maintained second position with 11.6 million units, showing a strong bounce-back from Q2's 8.5 million units.
Samsung continued its strong performance in the region, with its market share reaching 35.7 percent.
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