Foldable Smartphone Market is anticipated to grow at a significant CAGR of 20.5% during the forecast period. The rise in the competition among players and availability of multiple reliable foldable smartphones have grown the global foldable smartphone market significantly and is anticipated to grow exponentially in the upcoming years. As per the Display Supply Chain Consultants (DSCC) reports, in Q3 2021 the foldable smartphones shipments grew to 480% from 215% in Q2 2021. The foldable smartphone was just a concept a few years back but it got commercialized in 2019. Since the first launch, it got a lot of attention from market players, tech enthusiasts, and general consumers. In just a few years, multiple market players like Xiaomi, Huawei, and others launched their own foldable phones, and multiple other market players are also working on their own products. Apart from this, the high concumer expending on smartphones is motivating smartphone manufactueres to coming up with new products in the market, which in turn aiding in the market growth.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Functionality Type
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Huawei Technologies Co. Ltd., Device Co., Ltd., LG Electronics Inc, Microsoft Corp, Motorola Mobility LLC, OPPO Co. Ltd., Royole Corp., Samsung Electronics Co. Ltd, TCL Corp, Xiaomi Corp, and others
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Foldable Smartphone Market Report by Segment
By Functionality Type
- Inward Fold
- Outward Fold
By Distribution Channel
- Online
- Offline
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- Apple Inc.
- Huawei Technologies Co. Ltd.
- LG Electronics Inc.
- Microsoft Corp
- Motorola Mobility LLC(Lenovo Group Ltd)
- OPPO Co. Ltd.
- Royole Corp.
- Samsung Electronics Co. Ltd.
- Sony Electronics Inc.
- TCL Corp
- Xiaomi Corp
- ZTE corp
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