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 – 2023-2031
Base year- 2023
Forecast period- 2023-2031
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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