Worldwide Foldable Phone Forecast Update, 2023–2027
This IDC study presents our updated five-year forecast for foldable phone shipments worldwide. The worldwide foldable phone market will reach 20.4 million devices in 2023, up 43.9% from the 14.2 million units shipped in 2022. Total foldable shipments worldwide will reach 54.3 million units by 2027, resulting in a CAGR of 30.8% from 2022 to 2027."Recent flagships launched over the past six months have been extremely impressive in design and eye-catching good looks," said Anthony Scarsella, research manager with IDC's Worldwide Quarterly Mobile Phone Tracker. "Also, the build improvements on the latest models are a step in the right direction for the industry as consumers can feel more confident regarding durability and life span."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Foldable Phone Forecast
- Forecast Comparison: Foldable Phones Versus Smartphones
- Foldable Phones
- Smartphones (Non-Foldable)
- Forecast by Region
- Foldable Phone ASP Forecast
- Foldable Phone Value Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Business Use
- Apple Entering the Market
- Inhibitors
- Economy
- Inflation
- Significant Market Developments
- Google Joins the Foldable Party
- Honor Magic V2 — Thin Is in
- Changes from Prior Forecast
- Worldwide
- Regional
- Market Definition
- Smartphone
- Foldable Clamshell
- Foldable Inward
- Foldable Outward
- Methodology
- Primary Data Sources
- Secondary Sources
- IDC's Worldwide Quarterly Mobile Phone Tracker
- Related Research