Product Code: CMI4747
Global foldable smartphone market is estimated to be valued at US$ 23.89 Bn in 2024 and is expected to reach US$ 84.72 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 19.8% from 2024 to 2031.
Figure 1. Foldable Smartphone Market Share (%), By Region, 2024
![Foldable Smartphone Market - IMG1](/sample/img/COH1509521-f1.webp)
Technological advancements in display and hinge mechanism design have enabled smartphone manufacturers to develop flexible display units that can transform into compact sizes for easy portability. Major players like Samsung and Huawei have already launched commercially available foldable phones. Advancements in technology decreases the production costs and makes these devices more affordable. Foldable designs offer a larger canvas for seamless multi-tasking and multimedia consumption while providing the convenience of a smaller form factor. This attracts several new customers. Due to further innovation and variety in product offerings, foldable smartphone market is expected to witness growth in the near future.
Market Dynamics:
Global foldable smartphone market growth is driven by various factors such as growing demand for larger screens for enhanced visual experience, preference for portable yet spacious devices among mobile users, and advancing flexible AMOLED display technology. However, high manufacturing costs and pricing can hamper its adoption. Market players are actively focusing on R&D to reduce production expense levels. Introduction of innovative product features, form factors, and competitive pricing strategies by market participants can help overcome barriers and drive the market growth. Smartphone original equipment manufacturers (OEMs) are further collaborating with part suppliers and display makers to build a strong ecosystem for foldable technology.
Key features of the study:
- This report provides in-depth analysis of the global foldable smartphone market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global foldable smartphone market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Samsung Electronics Co., Ltd., Huawei Technologies Co., Ltd., TCL Communication Technology Holdings Limited, Xiaomi Corporation, OPPO Electronics Corporation, Lenovo Group Ltd., Royole Corporation, ZTE Corporation, Microsoft Corporation, Motorola Mobility LLC, Kyocera Corporation, AsusTek Computer Inc., Energizer Holdings, Inc., Tecno Mobile Limited, DOOV (Shenzhen Doov Technology Co., Ltd.), HP Inc., Google LLC, Apple Inc., Meizu Technology Co., Ltd., Nubia Technology Co., Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global foldable smartphone market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global foldable smartphone market.
Detailed Segmentation:
- By Functionality Type
- By Sales Channel
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- Samsung Electronics Co., Ltd.
- Huawei Technologies Co., Ltd.
- TCL Communication Technology Holdings Limited
- Xiaomi Corporation
- OPPO Electronics Corporation
- Lenovo Group Ltd.
- Royole Corporation
- ZTE Corporation
- Microsoft Corporation
- Motorola Mobility LLC
- Kyocera Corporation
- AsusTek Computer Inc.
- Energizer Holdings, Inc.
- Tecno Mobile Limited
- DOOV (Shenzhen Doov Technology Co., Ltd.)
- HP Inc.
- Google LLC
- Apple Inc.
- Meizu Technology Co., Ltd.
- Nubia Technology Co., Ltd.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Functionality Type
- Market Snippet, By Sales Channel
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of COVID-19 Pandemic
4. Global Foldable Smartphone Market, By Functionality Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Inward Fold
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Outward Fold
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Foldable Smartphone Market, By Sales Channel, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Online
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Offline
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Foldable Smartphone Market, By Region, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Functionality Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Europe
- Regional Trends
- Market Size and Forecast, By Functionality Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Functionality Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Functionality Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Functionality Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Sales Channel, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
7. Competitive Landscape
- Company Profiles
- Samsung Electronics Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Huawei Technologies Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- TCL Communication Technology Holdings Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Xiaomi Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- OPPO Electronics Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Lenovo Group Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Royole Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ZTE Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Microsoft Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Motorola Mobility LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Kyocera Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- AsusTek Computer Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Energizer Holdings, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Tecno Mobile Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- DOOV (Shenzhen Doov Technology Co., Ltd.)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- HP Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Google LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Apple Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Meizu Technology Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Nubia Technology Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
8. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
9. Section
- References
- Research Methodology
- About us and Sales Contact