Worldwide Foldable Phone Forecast Update, 2023–2027

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
Business Use
Apple Entering the Market
Significant Market Developments
Google Joins the Foldable Party
Honor Magic V2 — Thin Is in
Changes from Prior Forecast
Market Definition
Foldable Clamshell
Foldable Inward
Foldable Outward
Primary Data Sources
Secondary Sources
IDC's Worldwide Quarterly Mobile Phone Tracker
Related Research

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