5 Smartphone Companies with the Largest Market Share in 2024

3. TRANSSION Holdings (Tecno, Infinix, iTel)

Market Share from Q1 until Q2 2024: 12.3%

Total Sales: 22 million smartphones

Ranking 3rd in our list of the 15 smartphone companies with the largest market share in 2024 is TRANSSION Holdings. In the first half of 2024, TRANSSION Holdings, which includes Tecno, Infinix, and iTel, achieved a global market share of 12.3%. TRANSSION Holdings sold approximately 22 million smartphones and generated an estimated $2 billion in total revenue.

The Tecno Camon 20 was the company’s top-selling model, with around 6 million units sold and generating about $480 million in revenue. TRANSSION also won the “Best Value for Money Award” at the 2024 Mobile Industry Awards for its high-quality, cost-effective smartphones.