Monday, May 27, 2024 In Q1 of 2024, Infinix, a popular tech brand tailored for young consumers, saw remarkable growth. According to IDC’s Worldwide Quarterly Mobile Phone Tracker, Infinix experienced the highest year-on-year increase in global market share among major smartphone brands. In Q1 2024 alone, its market share rose from 1.
7% to 3.7%, with global smartphone shipments surging by an impressive 150.6% year-on-year, marking four consecutive quarters of rapid growth.
This outstanding performance was particularly notable in key markets like Africa and Southeast Asia, where Infinix secured top 5 positions in smartphone market share across over 20 countries, with impressive year-over-year growth rates. These accomplishments highlight Infinix’s dedication to ensuring that cutting-edge technology is within reach for a broader global audience. In 2023, Infinix was recognized in Kantar and Google’s Top 50 Chinese Global Brand Builders Report and ranked sixth in Fast Company’s list of the World’s Most Innovative Companies of 2024 in the Asia-Pacific sector, distinguishing itself as the only smartphone brand on the list.
Infinix’s success is attributed to its focus on meeting the preferences of young individuals through innovative products and creative marketing. The launch of the Infinix NOTE 40 Series and the GT 20 Pro in the first half of 2024 garnered significant attention from young people and gaming enthusiasts worldwide. Notable features include the All-Round F.
