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Samsung Electronics Co. Ltd is a multinational electronics corporation which offers cutting-edge technology such as smartphones, tablets, televisions, and home appliances, among others. It was founded in 1969 and is headquartered in Suwon-Si, South Korea.
Huawei Technologies Co. Ltd. is a leading electronics manufacturer which develops and sells products such as smartphones, personal computers, and wearables, among others. It was established in 1987 and is headquartered in Shenzhen, China.
Lenovo Group Ltd is a consumer electronics manufacturer which offers PC services, data centre services, asset recovery services, and smart edge solutions, among others. The company was founded in 1984 and is headquartered in Quarry Bay, Hong Kong.
Other market players include Google LLC, Microsoft Corporation, Xiaomi Inc., OPPO Mobile Telecommunications Corp., Ltd., ZTE Corporation, TECNO MOBILE LIMITED, and Royole Corporation, among others.
Foldable Smartphone Market Size
Foldable Smartphone Market Analysis
Foldable Smartphone Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of nearly USD 20.44 billion in 2023.
The market is estimated to grow at a CAGR of 24.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 141.64 billion by 2032.
The unique features of foldable smartphones, such as larger screens in a compact form, the emergence of 5G technology, and the growing intensity of competition between smartphone manufacturing giants are the major drivers of the market.
The key trends in the market include the surging product launches by the leading market players and the introduction of foldable smartphones with innovative features.
Inward fold and outward fold are the different functionality types of foldable smartphones.
Online and offline are the major sales channels in the market.
Samsung Electronics Co. Ltd, Huawei Technologies Co. Ltd., Lenovo Group Ltd, Google LLC, Microsoft Corporation, Xiaomi Inc., OPPO Mobile Telecommunications Corp., Ltd., ZTE Corporation, TECNO MOBILE LIMITED, and Royole Corporation, among others, are the key market players.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124