Foldable Smartphone Market To Surge 73% This Year: Report –


We all know that tech large, Samsung introduced its newest Galaxy Z Fold 4 and Galaxy Z Flip 4 foldable smartphones previous this month. After Samsung, Xiaomi got here ahead and unveiled its Mix Fold 2 foldable smartphone. Then, Motorola joined the race and lifted the wraps off its Moto Razr turn phone 2022. Recently, a record from Counterpoint Research stated that the foldable smartphone marketplace would possibly develop 75 p.c this yr.

Foldable Smartphones Are The Future Of the Mobile Industry

According to the newest stories, the foldable smartphones phase is ready to have 16 million shipments this yr, rising 75 p.c from the former yr’s 9 million shipments. The record additional printed that right through the primary part, Samsung led the foldable class with its Galaxy Z Fold smartphone, adopted by way of Huawei and Oppo within the world markets. Samsung will as standard dominate the marketplace because it has received a 62 p.c marketplace percentage within the phase. Moreover, it’s anticipated to leap to 80 p.c this yr, with the brand new Galaxy Z Fold 4 and Flip 4 telephones now to be had within the markets globally.

 A Senior Analyst from Counterpoint Research mentioned that:

“Foldables no longer best convey a recent design to smartphones – historically dominated by way of bar-kind shape elements – but in addition extra display screen actual property. This is rising in significance with smartphone use instances increasing, particularly throughout media, leisure and paintings”


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