Foldable smartphones have emerged as a transformative force in the mobile industry, offering innovative designs that blend portability with expanded screen real estate. These devices cater to a growing demand for versatile technology, delivering both compact convenience and enhanced viewing experiences. Market trends reveal a steady rise in foldable smartphone shipments, with projections indicating significant growth from 2022 to 2027. The worldwide foldable OLED market is also set to expand, signaling a shift toward advanced display technologies.

Leading brands like Samsung and Huawei dominate the foldable phone market, with Samsung’s Galaxy Z Fold series showcasing notable feature progression since its debut in 2019. The Chinese market, in particular, has witnessed a surge in foldable phone adoption, driven by local brands and consumer interest in innovative devices. The Huawei Mate X2s, for example, highlights the importance of component weight distribution in foldable designs, reflecting advancements in engineering and materials.

1.    MARKET OUTLOOK

1.1. Market Snapshot

1.2. Market Definition

1.3. Key Takeaways

2.    MARKET STATISTICS

2.1. Total Number of Smartphone Users Around the World 2017 to 2026F (in Billion USD)

2.2. Total Brand of Smartphone Users Around the World in 2023 (in Billion USD)

2.3. Percentage of Individuals Owning a Mobile Phone, 2023

2.4. Market Share of Mobile Phone Companies Over Time in Percentage From 2021 to 2023

2.5. Smartphone Penetration Rate in the United States from 2018 to 2023

2.6. Smartphone Shipments in India from 2017 to 2023 (in millions)

2.7. Smartphone Average Selling Price (ASP) in India from 2017 to 2023 (in U.S. Dollars)

2.8. Shipments of Smartphones in China, from 2018 – 2025F (in USD Million)

2.9. Worldwide Foldable Phone Shipments 2022 Vs 2027F (in USD Millions)

2.10. Foldable Smartphone Market Share Breakdown in Percentage from 2023 to 2024F

2.11. Worldwide Foldable OLED shipment 2021 to 2028F (in Million Units)

2.12. First Mentioned Brand of Foldable Smartphones in 2023, % Proportion

2.13. Foldable Smartphone Sales Breakdown by Type (in %)

2.14. Brand Awareness of Foldable Smartphone Brands in 2023, % Proportion

2.15. Foldable Smartphone Market Share in Percentage by Brand in the Chinese Market 2023