Global shipments of collapsible smartphones will grow from less than 1 million in 2019 to 100 million by 2025, according to a new study by Strategy Analytics. Samsung, Huawei and others will lead the market. Today, high pricing, low display production yields and consumer doubts about durability limit the growth of the foldable handset market, but these issues will be addressed in the long run.
“We expect global shipments of collapsible smartphones to grow from less than 1 million in 2019 to 100 million in 2025,” said Ville-Petteri Ukonaho, Deputy Director of Strategy Analytics. Foldable phones will be the fastest growing segment of the high-end smartphone market over the next decade. “
Neil Mawston, executive director of Strategy Analytics, added: “Foldable products incorporate large screens into small designs. Consumers can browse rich content such as video on a larger screen, and the folded device can be easily put in their pockets. “
Ken Hyers, Director of Strategy Analytics, added: “Samsung is the world’s number one collapsible smartphone maker in 2019, followed by Huawei. Samsung is a leader in the West, such as the United States, while Huawei focuses on China’s home market. Brands such as Motorola and TCL will launch their own new models in 2020 and hope to capture some of the collapsible smartphone market. By 2025, every player in every major market, including Apple, should have a collapsible portfolio. “
Ville-Petteri Ukonaho, Deputy Director of Strategy Analytics, added: “At the moment, there are many hurdles for the foldable smartphone industry to overcome, including very high prices and low display production yields. and consumers’ doubts about the durability of hinges or screens that last more than a few months. However, technical problems with collapsible products are not unresolved and we hope to address them in the coming years. “