Manufacturers shipped a total of one million foldable smartphones in 2019, and forecasts show they are set to ship of eight million units in 2020. Foldable smartphone shipments in 2019 represented a small fraction of the 1.37 billion global smartphone shipments in that year. Entering the market in 2019, analysts expect foldable smartphone shipments to reach 50.1 million units globally by 2022.
Limited options in foldable smartphones
Compared to regular smartphones, there very few foldable options currently available in the smartphone market. Those that are available are selling at a much higher price than regular smartphones. In the United States for example, the few foldable smartphones available for purchase are selling at prices of up to 1,979 U.S. dollars. However, Microsoft, and the Chinese companies Oppo, and Xiaomi, are planning to release foldable smartphones, adding to the current available options from Samsung and Motorola.
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Strategy Analytics. (February 10, 2020). Global foldable smartphone shipments in 2019, 2020 and 2025 (in million units) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1101618/global-foldable-smartphone-shipments/
Strategy Analytics. "Global foldable smartphone shipments in 2019, 2020 and 2025 (in million units)." Chart. February 10, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1101618/global-foldable-smartphone-shipments/
Strategy Analytics. (2020). Global foldable smartphone shipments in 2019, 2020 and 2025 (in million units). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1101618/global-foldable-smartphone-shipments/
Strategy Analytics. "Global Foldable Smartphone Shipments in 2019, 2020 and 2025 (in Million Units)." Statista, Statista Inc., 10 Feb 2020, https://www.statista.com/statistics/1101618/global-foldable-smartphone-shipments/
Strategy Analytics, Global foldable smartphone shipments in 2019, 2020 and 2025 (in million units) Statista, https://www.statista.com/statistics/1101618/global-foldable-smartphone-shipments/ (last visited August 25, 2024)
Global foldable smartphone shipments in 2019, 2020 and 2025 (in million units) [Graph], Strategy Analytics, February 10, 2020. [Online]. Available: https://www.statista.com/statistics/1101618/global-foldable-smartphone-shipments/