Overview:

The global foldable market reached 12.98 m units in 2022, a 43.2% year-over-year growth. The 2022 foldable market grew even when the total smartphone market shipment declined by about 12% YoY.

The global foldable market in 2023 is expected to grow by 58.9% over 2022 to 20.8 m units.

We expect the main characteristics of the 2023 foldable market will be:
1) Continued growth of the Chinese foldable smartphone market,
2) Intensifying competition as Chinese OEMs enter the foldable market in earnest, especially in Europe and Southeast Asia,
3) The emergence of new foldable vendors, such as Tecno and Google,
4) Intensifying price competition for foldable smartphones..

Table of Contents:

• Assumptions
• Foldable Shipment Forecast by OEM
• Foldable Model-level Forecast (+1 year)

Number of Pages: 3

Published Date: February 2023