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Foldable Smartphone Market Poised to Reach USD 204.89 Billion by 2032

01-14-2025 12:09 PM CET | IT, New Media & Software

Press release from: STELLAR MARKET RESEARCH

Foldable Smartphone Market

Foldable Smartphone Market

The ๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 34.59 Bn. in 2024 and the total Global Foldable Smartphone revenue is expected to grow at a CAGR of 24.9% from 2025 to 2032, reaching nearly USD 204.89 Bn.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Foldable smartphones represent a new frontier in mobile technology, offering users a compact, flexible design that seamlessly blends portability and productivity. With options for inward and outward folding mechanisms, these devices cater to consumers seeking enhanced screen real estate while maintaining the convenience of traditional smartphones. Companies such as Samsung, Huawei, and Motorola are leading the charge, introducing innovative products that have accelerated the global adoption of foldable devices. North America dominates the market with a 36% share, fueled by its tech-savvy consumer base, while APAC countries like China and Indonesia are emerging as key growth drivers due to their demand for cutting-edge mobile technology.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.stellarmr.com/report/req_sample/Foldable-Smartphone-Market/1632

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The rapid advancement of flexible display technology is a major driver for the foldable smartphone market. Flexible OLED technology, valued at USD 4.48 billion in 2021 and growing at a CAGR of 41.2%, enables the development of versatile and durable foldable displays. Additionally, the increasing demand for larger screen real estate, enhanced content consumption experiences, and multitasking capabilities are propelling market growth. Despite the high manufacturing costs and competition from traditional smartphones, the industry continues to innovate and attract a growing consumer base.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Several trends are shaping the foldable smartphone market. Manufacturers are investing heavily in research and development to overcome challenges such as app ecosystem optimization and manufacturing complexities. For instance, Samsung leads with a market share of over 60%, driven by its Galaxy Fold and Flip series, which have gained traction in both consumer and enterprise segments. Huawei has unveiled new foldable models, including a tri-fold smartphone, showcasing its commitment to innovation. Meanwhile, Motorola is introducing AI-integrated features into its revamped Razr models, aiming to enhance user experience and solidify its position in the competitive landscape.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's foldable smartphone market is expanding rapidly, supported by increasing smartphone penetration and a youthful, tech-savvy population. Key players like ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ and ๐‡๐ฎ๐š๐ฐ๐ž๐ข ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ have intensified their presence, investing in retail and service infrastructure. The rise of local e-commerce platforms also offers significant growth potential for foldable smartphones.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

In Thailand, the growing consumer preference for premium smartphones has paved the way for foldable devices. Leading companies, including ๐Ž๐ฉ๐ฉ๐จ and ๐—๐ข๐š๐จ๐ฆ๐ข, are leveraging localized marketing strategies to attract customers. Thailand's robust tourism industry further fuels demand, with high-end retail outlets serving international customers.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.stellarmr.com/report/enquire_now/Foldable-Smartphone-Market/1632

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan has witnessed strategic partnerships and acquisitions among technology giants, with ๐’๐จ๐ง๐ฒ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐’๐ก๐š๐ซ๐ฉ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ focusing on integrating foldable technology into their premium offerings. Local carriers are also collaborating with global brands to ensure seamless network compatibility, accelerating market penetration.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea remains a global leader in foldable smartphone technology, thanks to innovation-driven companies like ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ and ๐‹๐† ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ. Recent developments include the launch of ultra-durable foldable screens and 5G-enabled devices, setting benchmarks for durability and performance. Government-backed initiatives further support R&D in advanced materials.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's affluent consumer base and high smartphone penetration rates make it a lucrative market for foldable smartphones. Companies like ๐€๐ฉ๐ฉ๐ฅ๐ž ๐ˆ๐ง๐œ. and ๐‡๐ฎ๐š๐ฐ๐ž๐ข ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ have introduced flagship stores, offering hands-on experiences with the latest devices. The country's strategic location also serves as a regional hub for product launches.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The US market continues to thrive, with companies like ๐€๐ฉ๐ฉ๐ฅ๐ž ๐ˆ๐ง๐œ., ๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐จ๐Ÿ๐ญ, and ๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ leading the charge. Recent acquisitions, such as ๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐จ๐Ÿ๐ญ'๐ฌ purchase of foldable device patents, signal a competitive landscape. Advanced manufacturing capabilities and strong consumer demand for innovative technology are driving substantial growth.

๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's foldable smartphone market is characterized by increased collaboration between technology firms and luxury brands. Companies like ๐‹๐ž๐ง๐จ๐ฏ๐จ and ๐‡๐ฎ๐š๐ฐ๐ž๐ข ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ are rolling out customizable devices tailored to European preferences. The European Union's focus on sustainability also encourages innovations in recyclable materials for foldable phones.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.stellarmr.com/report/req_sample/Foldable-Smartphone-Market/1632

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐’๐š๐ฆ๐ฌ๐ฎ๐ง๐  ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ง๐ข๐œ๐ฌ announced the launch of its latest foldable flagship, featuring a groundbreaking hinge mechanism and improved battery life.

๐‡๐ฎ๐š๐ฐ๐ž๐ข ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ secured a strategic partnership with a leading European telecom operator to expand its foldable device portfolio.

๐€๐ฉ๐ฉ๐ฅ๐ž ๐ˆ๐ง๐œ. is rumored to debut its first foldable smartphone by 2025, with significant investments in flexible display technology.

๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐จ๐Ÿ๐ญ acquired a startup specializing in foldable display software, aiming to enhance the user experience of its Surface Duo line.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

By Display Panel type

Flip
Fold

By Sales Channel

Online
Offline

By End-User

Inward Fold
Outward Fold

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.stellarmr.com/report/Foldable-Smartphone-Market/1632

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐…๐จ๐ฅ๐๐š๐›๐ฅ๐ž ๐’๐ฆ๐š๐ซ๐ญ๐ฉ๐ก๐จ๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

Motorola
Royole
Apple
Xiaomi
Oppo
Google
Sony
TCL
Lenovo
ZTE
Asus
Nokia
Sharp
OnePlus
Vivo
Alcatel

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Paper Packaging Market https://www.stellarmr.com/report/Paper-Packaging-Market/147

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โ™ฆ Power Tool Battery Market https://www.stellarmr.com/report/Power-Tool-Battery-Market/168

โ™ฆ UV Coatings Market https://www.stellarmr.com/report/UV-Coatings-Market/185

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

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Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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