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According to the latest report from Counterpoint Research, the global foldable smartphone market is projected to reach a significant milestone of 100 million cumulative shipments by 2026. Since the debut of the first commercially available foldable smartphone in 2019, the industry has entered its eighth year. With Apple entering the market and the growing demand for large-fold form factor products from Samsung and Huawei, the market demand for foldable smartphones is expected to further increase. It is anticipated that by 2027, global shipments of foldable smartphones will grow by 37% year-on-year. With accelerated market growth, the foldable smartphone market is expected to achieve another 100 million cumulative shipments within the next three years.
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