How big is the Foldable Smartphone Market?

The Foldable Smartphone Market size is expected to reach USD 28.72 billion in 2024 and grow at a CAGR of 17.13% to reach USD 63.31 billion by 2029. Read More

What is the current Foldable Smartphone Market size?

In 2024, the Foldable Smartphone Market size is expected to reach USD 28.72 billion. Read More

Who are the key players in Foldable Smartphone Market?

Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Motorola Mobility LLC (Lenovo Group Limited), Royole Corp and Microsoft Corp. are the major companies operating in the Foldable Smartphone Market. Read More

Which is the fastest growing region in Foldable Smartphone Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Foldable Smartphone Market?

In 2024, the North America accounts for the largest market share in Foldable Smartphone Market. Read More

What years does this Foldable Smartphone Market cover, and what was the market size in 2023?

In 2023, the Foldable Smartphone Market size was estimated at USD 23.80 billion. The report covers the Foldable Smartphone Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Foldable Smartphone Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key drivers of the Foldable Smartphone Market?

Key drivers of the Foldable Smartphones Market are: a) Rising demand for innovative devices b) Growing adoption of larger displays c) Multitasking functionality, and d) Advancements in premium user experience Read More

Who is the target market for Foldable Smartphones?

The target market for Foldable Smartphones is: a) Early adopters b) Tech enthusiasts c) Professionals, and d) Content creators Read More

Foldable Smartphone Market Share

Statistics for the 2023 & 2024 Foldable Smartphone market share, created by Mordor Intelligence™ Industry Reports. Foldable Smartphone share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Foldable Smartphone Industry

The foldable smartphone market is moderately consolidated and consists of a few significant players. Some of the players currently dominate the market in terms of market share. However, with the advancement in display technologies, new players are expected to increase their market presence, thereby expanding their business footprint across emerging economies.

In November 2022, Google introduced its first foldable phone. In 2023, the new foldable device will debut alongside the Pixel tablet. The cost of Google's foldable device is anticipated to be USD 1,799, roughly INR 1.5 lakh. There will be two 9.5 MP front cameras on the foldable tablet. The hole punch cutout of the first camera will be visible on the outer screen, while the top right corner of the second camera may be visible on the inner screen bezel. When the device is purchased, a triple-rear camera module will be attached to the camera strap.

In August 2022, Xiaomi unveiled the MIX Fold 2, a new foldable smartphone. The Snapdragon 8+ Gen 1 chipset included in the Samsung Galaxy Z Fold4 and Z Flip4 will also be present in the Xiaomi MIX Fold 2. The business says the Xiaomi MIX Fold 2 is only 5.4 mm wide when unfolded and 11.2 mm wide when folded. The micro waterdrop hinge on the Xiaomi MIX Fold 2 was created by Xiaomi.