Worldwide Foldable Smartphone Industry to 2027 - Growing Investment from Smartphone Manufacturers Drives Demand

DUBLIN, Jan. 3, 2023 /PRNewswire/ -- The "Global Foldable Smartphone Market" report has been added to  ResearchAndMarkets.com's offering.

In this report, foldable smartphones market have been segmented by display panel type, operating system, sales channel, age group, and geography.

This report is an overview of the global foldable smartphone market and an analysis of market trends, considering the base year of 2021 and estimates for 2022-2027. Revenue forecasts are included for the period for segmentations based on display panel type, operating system, sales channel, age group and geography, with estimated values derived from manufacturers' total revenue.

The report also includes a section on the major players in the market. It explains the major drivers, competitive landscape and current trends for foldable smartphone solutions. The report concludes with a detailed focus on the foldable smartphone landscape and includes detailed profiles of major players operating in the global foldable smartphone market.

Companies Mentioned

• Apple Inc.
• Honor Device Co. Ltd.
• Huawei Technologies Co. Ltd.
• Microsoft Corp.
• Motorola Mobility LLC
• Oppo Mobile Telecommunications Corp. Ltd.
• Royole Corp.
• Samsung Electronics Co. Ltd.
• Sony Corp.
• Tcl Corp.
• Vivo
• Xiaomi Inc.
• Zte Corp.

Report Includes

• 42 data tables and 23 additional tables
• A comprehensive overview and up-to-date analysis of the global foldable smartphone market
• Analyses of the global market trends, with historic sales data for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of five year compound annual growth rates (CAGRs) through 2027
• Highlights of the current and future potential for foldable smartphone market, and areas of focus to forecast this market into various segments and sub-segments
• Estimation of the actual market size and market forecast of foldable smartphone in USD million values, and their corresponding market share analysis on the basis of display panel type, operating system, sales channel, age group, and geographic region
• Updated information on key market drivers and opportunities, industry shifts and regulations, and other demographic factors that will influence this market demand in the coming years (2022-2027)
• Insight into the major technology challenges, issues and risks, government regulations, recent developments, and COVID-19 impact on the foldable smartphone market
• Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues

The foldable phone is a hybrid: smartphone and tablet. It is a smartphone in portability with the screen size of a tablet. A larger tablet-like display can be accessed by unfolding the device, allowing access to a larger display at any time. In addition to the extra screen size, foldable phones fold up. This folding feature lets users perform multiple tasks at once. The proliferation of remote work and bring-your-own device (BYOD) trends surge foldable phone sales.

Growing investment from smartphone manufacturers drives demand in the foldable smartphone market. In Aug. 2022, Xiaomi Inc. announced that the company launched a new foldable smartphone called Mix Fold 2, in China. The predecessor of this phone, the Xiaomi Mi Mix Fold, featured a folding display measuring 8.01 inches and an elongated outer display measuring 6.52 inches with a 27:9 aspect ratio.

In Aug. 2022, Samsung Electronics Co., Ltd. introduced two new series of Samsung phones (Galaxy Z Flip 4 and Galaxy Z Fold 4). Both smartphones became available in Aug. 2022. In terms of design, there have been no changes to the design of the Galaxy Z Flip 4. This smartphone comes with two front-facing cameras and a dual-tone effect. The Samsung Galaxy Z Flip 4 is equipped with Snapdragon 8 Gen 1 Plus, running the Android 12 operating system. The phone also has 8 GB of RAM and 512 GB of internal storage.

Vivo X-Fold 5G will be available by the end of 2022. Vivo X-Fold 5G features an 8.3-inch foldable AMOLED display that provides a tablet-like experience. Additionally, the panel offers a QHD resolution of 1916x2160 pixels, a pixel density of 360 PPI and an 88% screen-to-body ratio. The phone has a 6.5- inch cover display with FHD+ resolution and a 120 Hz refresh rate.

Foldable phone price is higher than the average phone. Samsung and others are working on differentiating the phones from standard phones with bendable screens. The durability of foldable phones is uncertain; the technology has only been around for three years.

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market Overview
3.1 Introduction
3.1.1 Benefits of Foldable Smartphones
3.1.2 Oled Screen
3.1.3 Advantages of Foldable Smartphone Display
3.1.4 Differences
3.2 Evolution of Foldable Smartphones
3.3 Technology Snapshot
3.3.1 Ram Capacity
3.3.2 Display Size
3.4 Value Chain Analysis
3.5 Porter's Five Forces Analysis
3.6 Patent Analysis
3.7 Future of Foldable Smartphone
3.8 Impact of Covid-19 on the Foldable Smartphone Market
3.8.1 Covid-19 Pandemic Scenario
3.8.2 Post Covid-19 Pandemic Scenario

Chapter 4 Market Dynamics
4.1 Market Drivers
4.1.1 Growing Number of Internet Users
4.1.2 Growing Production of Oled Display
4.1.3 Advancements in Smartphones
4.1.4 Growing Spending
4.2 Market Restraints
4.2.1 High Repair Cost
4.2.2 Manufacturing Complexity of Foldable Display
4.3 Market Opportunities
4.3.1 Expanding Product Portfolio of Smartphone Vendors
4.3.2 Increasing Shipment of Ultra-Thin Glass (Utg) and Colorless Polyimide (Cpi)
4.3.3 Entrance of New Players
4.4 Market Challenges
4.4.1 High Complexity in Design

Chapter 5 Market Breakdown by Type of Folding Display
5.1 Introduction
5.2 Inward Fold Display
5.3 Outward Fold Display

Chapter 6 Market Breakdown by Operating System
6.1 Introduction
6.2 Android
6.3 Ios
6.4 Others

Chapter 7 Market Breakdown by Sales Channel
7.1 Introduction
7.2 Online Retailers
7.3 Offline Retailers
7.3.1 Hypermarkets/Supermarkets
7.3.2 Specialty Stores
7.3.3 Multi-Brand Stores

Chapter 8 Market Breakdown by Age Group
8.1 Introduction
8.2 18-24 Age Group
8.3 25-34 Age Group
8.4 35-45 Age Group
8.5 45-56 Age Group
8.6 56+ Age Group

Chapter 9 Market Breakdown by Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia-Pacific
9.5 Rest of the World

Chapter 10 Competitive Landscape
10.1 Introduction
10.2 Ranking Analysis
10.3 Strategic Analysis
10.3.1 Product Launches, Enhancement and Partnerships
10.4 Various Foldable Smartphones

Chapter 11 Company Profiles

Chapter 12 Appendix: List of Acronyms

For more information about this report visit https://www.researchandmarkets.com/r/3844vo

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

View original content:https://www.prnewswire.com/news-releases/worldwide-foldable-smartphone-industry-to-2027---growing-investment-from-smartphone-manufacturers-drives-demand-301712309.html

SOURCE Research and Markets