Global Foldable Smartphone
Market Report
2025
The global foldable smartphone market size will be USD 29642.6 million in 2025. Rising consumer demand for innovative and multifunctional devices is expected to boost sales to USD 75089.47 million by 2033, with a Compound Annual Growth Rate (CAGR) of 14.20% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global foldable smartphone market size will be USD 29642.6 million in 2025. It will expand at a compound annual growth rate (CAGR) of 14.20% from 2025 to 2033.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Foldable Smartphone Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 25.68% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Foldable Smartphone Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A foldable smartphone is a device that features a flexible screen, allowing it to fold or unfold, offering users the ability to expand the screen size while maintaining portability. These smartphones combine the convenience of a compact phone with the functionality of a larger tablet, providing a versatile mobile experience. The market for foldable smartphones has witnessed significant growth in recent years as consumers seek innovative, high-performance devices. Factors such as advances in flexible display technology, improved hinge mechanisms, and the integration of 5G connectivity have fueled this expansion. As more manufacturers enter the market and product prices become more accessible, foldable smartphones are poised to become a mainstream choice for tech enthusiasts and general consumers.
In April 2024, Nubia announced the launch of its groundbreaking flagship foldable smartphone, the Nubia Flip 5G, designed for the younger generation. Combining cutting-edge design and powerful functionality, it redefined the smartphone experience. The Flip 5G featured a sleek, vinyl record-inspired exterior and a revolutionary foldable design, blending retro charm with modern elegance. (Source: https://www.prnewswire.com/news-releases/nubia-flip-5g-the-epitome-of-innovation-in-foldable-smartphone-technology-302111496.html)
Advancements in flexible display technology are a key driver in the growth of the foldable smartphone market. As flexible OLED and AMOLED displays continue to improve in terms of durability, brightness, and flexibility, they enable the development of foldable devices that offer larger screens while maintaining compact form factors. This technology allows for more seamless folds and greater longevity, addressing previous concerns about screen durability. Moreover, these displays are becoming more affordable to produce, making foldable smartphones more accessible to a wider range of consumers. As manufacturers push for further innovations in foldable screens, the market is poised for continued expansion, meeting consumer demand for versatile, high-performance mobile devices.
For instance, In October 2024, Samsung was expected to launch its first triple foldable smartphone, following Huawei's lead. The company showcased the tri-fold concept during the Samsung Developers Conference (SDC) in October 2023. Although it didn't debut then, Samsung was still actively working on the innovation for a 2025 release.
(Source: https://www.indiatoday.in/technology/news/story/samsung-might-launch-its-first-triple-foldable-smartphone-in-2025-2621919-2024-10-23)
Brand investments in research and development for foldable technology are significantly fueling the growth of the foldable smartphone market. Leading smartphone manufacturers are dedicating substantial resources to enhance the durability, flexibility, and functionality of foldable displays, ensuring that consumers receive reliable and innovative devices. R&D efforts focus on improving hinge mechanisms, screen materials, and battery life to address concerns regarding the long-term performance of foldable smartphones. Additionally, R&D investments lead to the development of more affordable foldable models, making these devices accessible to a wider range of consumers. As brands continue to innovate, the foldable smartphone market is set to expand, offering increasingly advanced and versatile mobile devices.
The limited availability of foldable smartphone models compared to traditional phones significantly limits market growth. While foldable smartphones offer innovative features and improved portability, their high production costs and complex manufacturing processes result in fewer model options on the market. This limited selection restricts consumer choice, especially in price-sensitive segments, and makes it harder for foldable phones to gain widespread adoption. Furthermore, many consumers are hesitant to switch from traditional smartphones due to concerns over durability, repairability, and the higher initial cost of foldable devices. As manufacturers ramp up production and diversify their offerings, availability is expected to increase, but it remains a key challenge for market expansion.
The growing integration of 5G connectivity in foldable smartphone models is becoming a key trend in the market, as it enables faster speeds and improved performance. As 5G networks continue to expand globally, consumers are increasingly seeking devices that can support these faster data transmission capabilities. Foldable smartphones equipped with 5G offer enhanced download and upload speeds, lower latency, and improved overall user experience, especially when it comes to streaming, gaming, and multitasking. This integration allows users to take full advantage of the capabilities offered by 5G technology, making foldable smartphones more appealing to tech-savvy consumers who demand cutting-edge mobile experiences.
Innovation in hinge technology plays a crucial role in the foldable smartphone market, contributing to smoother and more reliable folding mechanisms. As manufacturers strive to improve the durability and functionality of foldable devices, advancements in hinge designs have become essential. Modern hinges are engineered to withstand repeated folding without compromising performance, reducing the likelihood of damage to both the display and the hinge mechanism. These innovations also ensure that foldable smartphones remain sleek and functional, with minimal gaps when folded. As hinge technology continues to evolve, it enhances the overall user experience, making foldable smartphones more appealing to consumers seeking portable yet high-performance devices and fostering further market growth.
For instance, New Galaxy Z Flip5 and Flod5, with addition feature state of the art hinge technology, delivers an incredibly smooth fold with virtually no gap.
https://www.samsung.com/latin_en/support/mobile-devices/discover-the-new-hinge-technology-for-the-samsung-galaxy-z-flip5-and-fold/
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The competitive landscape of the foldable smartphone market is marked by key players like Samsung, Huawei, and Motorola, each offering innovative models. These companies are focused on improving foldable technology, enhancing display durability, and reducing costs. The market is also witnessing new entrants striving to capitalize on growing demand, increasing competition, and pushing for continuous innovation.
In December 2024, Apple stated that it is expected to launch its first foldable iPhone in 2026. The company planned to enter the foldable market in the second half of 2026, a move anticipated to raise market demand and set new standards for innovation and quality in foldable devices. (Source: https://www.indiatoday.in/technology/news/story/apple-is-expected-to-launch-its-foldable-iphone-in-2026-2643950-2024-12-03)
In August 2024, OnePlus announced the launch of the Apex Edition of its first-ever foldable phone, the OnePlus Open. The new foldable phone was introduced with a new color option, Crimson Shadow. The OnePlus Open Apex Edition raised the bar with enhanced storage, AI image editing features, and innovative security enhancements. (Source: https://www.thehindu.com/sci-tech/technology/gadgets/oneplus-to-launch-apex-edition-of-its-first-ever-foldable-phone-with-enhanced-storage-on-aug-7/article68476444.ece)
Top Companies Market Share in Foldable Smartphone Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominates the foldable smartphone market due to strong technological advancements, high consumer purchasing power, and a demand for innovative devices. With a tech-savvy population and a growing preference for premium, multifunctional smartphones, the region continues to lead in adoption. Additionally, significant investments from key players and rapid advancements in 5G connectivity further solidify North America's position in the market.
Asia Pacific is the fastest growing region in the foldable smartphone market, driven by a tech-savvy population and increasing demand for innovative mobile devices. Key factors include advancements in flexible display technology, the rapid adoption of 5G, and affordable foldable models. As manufacturers expand their offerings and improve device durability, the region is set to lead the global market expansion.
The current report Scope analyzes Foldable Smartphone Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Foldable Smartphone market size was estimated at USD 29642.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 11857.04 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.4% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the Foldable Smartphone market with a market size of USD 9355.20 million in 2025 and is projected to grow at a CAGR of 12.2% during the forecast period. The US holds a major share in the foldable smartphone market driven by high consumer technology adoption.
The Canada Foldable Smartphone market had a market share of USD 1422.84 million in 2025 and is projected to grow at a CAGR of 13.2% during the forecast period. Canada's foldable smartphone market is growing rapidly driven by rising adoption of advanced technology and premium devices.
The Mexico Foldable Smartphone market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 1078.99 million in 2025..
According to Cognitive Market Research, the global Foldable Smartphone market size was estimated at USD 29642.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 8892.78 million in 2025 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2025 to 2033.
The United Kingdom's Foldable Smartphone market had a market share of USD 1493.99 million in 2025 and is projected to grow at a CAGR of 13.5% during the forecast period. The UK is leading the foldable smartphone market with strong consumer demand and technological innovation in mobile devices.
The France Foldable Smartphone market is projected to witness growth at a CAGR of 11.9% during the forecast period, with a market size of USD 818.14 million in 2025.
According to Cognitive Market Research, the German Foldable Smartphone market size was valued at USD 1760.77 million in 2025 and is projected to grow at a CAGR of 12.9% during the forecast period. Germany's foldable smartphone market is experiencing growth due to increasing consumer interest in innovative technology and high-end devices.
The Italy Foldable Smartphone market is projected to witness growth at a CAGR of 12.1% during the forecast period, with a market size of USD 764.78 million in 2025.
The Russia Foldable Smartphone market is projected to witness growth at a CAGR of 11.7% during the forecast period, with a market size of USD 1378.38 million in 2025
The Spain Foldable Smartphone market is projected to witness growth at a CAGR of 11.8% during the forecast period with a market size of USD 729.21 million in 2025
The Luxembourg Foldable Smartphone market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD 275.68 million in 2025.
The Portugal Foldable Smartphone market is projected to witness growth at a CAGR of 12.5% during the forecast period, with a market size of USD 186.75 million in 2025
The Greece Foldable Smartphone market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD 106.71 million in 2025.
The Rest of Europe's Foldable Smartphone market is projected to witness growth at a CAGR of 11.4% during the forecast period, with a market size of USD 1378.38 million in 2025.
According to Cognitive Market Research, the global Foldable Smartphone market size was estimated at USD 29642.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 6817.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2025 to 2033.
According to Cognitive Market Research, the China Foldable Smartphone market size was valued at USD 2863.48 million in 2025 and is projected to grow at a CAGR of 15.7% during the forecast period. China commands the largest share of the foldable smartphone market due to high consumer demand and technological advancements.
The Japan Foldable Smartphone market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD 940.86 million in 2025
The India Foldable Smartphone market had a market share of USD 818.14 million in 2025 and is projected to grow at a CAGR of 18.0% during the forecast period. India’s rapidly growing foldable smartphone market reflects rising consumer demand for innovative technology and premium devices.
The South Korean Foldable Smartphone market is projected to witness growth at a CAGR of 15.3% during the forecast period, with a market size of USD 681.78 million in 2025
The Australian Foldable Smartphone market is projected to witness growth at a CAGR of 15.9% during the forecast period, with a market size of USD 354.53 million in 2025
The South East Asia Foldable Smartphone market is projected to witness growth at a CAGR of 17.2% during the forecast period, with a market size of USD 470.43 million in 2025.
The Taiwan Foldable Smartphone market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD 218.17 million in 2025.
The Rest of Asia Pacific Foldable Smartphone market is projected to witness growth at a CAGR of 16.0% during the forecast period, with a market size of USD 470.43 million in 2025.
According to Cognitive Market Research, the global Foldable Smartphone market size was estimated at USD 29642.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 1482.13 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.6% from 2025 to 2033.
According to Cognitive Market Research, the Brazil Foldable Smartphone market size was valued at USD 634.35 million in 2025 and is projected to grow at a CAGR of 14.2% during the forecast period. Brazil is expected to dominate the foldable smartphone market due to rising consumer demand for advanced technology and premium devices.
Argentina's Foldable Smartphone market had a market share of USD 249.00 million in 2025 and is projected to grow at a CAGR of 14.5% during the forecast period. Argentina's rising foldable smartphone market reflects growing demand for advanced technology and premium mobile devices.
Colombia Foldable Smartphone market is projected to witness growth at a CAGR of 13.4% during the forecast period, with a market size of USD 131.91 million in 2025
Peru Foldable Smartphone market is projected to witness growth at a CAGR of 13.8% during the forecast period, with a market size of USD 121.53 million in 2025.
Chile Foldable Smartphone market is projected to witness growth at a CAGR of 13.9% during the forecast period, with a market size of USD 106.71 million in 2025
The Rest of Latin America's Foldable Smartphone market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD 238.62 million in 2025.
According to Cognitive Market Research, the global Foldable Smartphone market size was estimated at USD 29642.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 592.85 million in 2025 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2025 to 2033..
The GCC Countries Foldable Smartphone market is projected to witness growth at a CAGR of 14.7% during the forecast period, with a market size of USD 253.74 million in 2025. GCC Countries control the foldable smartphone market due to high disposable income and strong demand for premium technology.
The Egypt Foldable Smartphone market is projected to witness growth at a CAGR of 14.2% during the forecast period, with a market size of USD 62.25 million in 2025.
The South Africa Foldable Smartphone market is projected to witness growth at a CAGR of 14.9% during the forecast period, with a market size of USD 93.67 million in 2025. South Africa's foldable smartphone market is experiencing growth due to rising consumer demand for advanced mobile technology.
The Turkey Foldable Smartphone market is projected to witness growth at a CAGR of 13.4% during the forecast period, with a market size of USD 50.99 million in 2025.
The Nigeria Foldable Smartphone market is projected to witness growth at a CAGR of 13.0% during the forecast period, with a market size of USD 62.25 million in 2025.
The Rest of the MEA Foldable Smartphone market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD 69.96 million in 2025
Global Foldable Smartphone Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Foldable Smartphone Industry growth. Foldable Smartphone market has been segmented with the help of its Type Outlook:, Distribution Channel Outlook: , and others. Foldable Smartphone market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Foldable Smartphone Market?
According to Cognitive Market Research, inward folding smartphones currently capture the largest share of the foldable smartphone market due to their compact design and enhanced portability. These devices feature a display that folds inward, offering protection to the screen while maintaining a slim profile. Their ability to balance functionality and portability appeals to consumers looking for innovative yet practical mobile solutions. The demand for inward folding smartphones continues to rise with advancements in durability and screen technology.
Outward folding smartphones represent the fastest growing segment in the foldable smartphone market due to their innovative design and improved usability. These devices offer a larger screen when unfolded while maintaining a compact size when closed. As consumer interest in multi-functional devices grows, manufacturers are increasingly focusing on outward folding designs, incorporating advanced display technology and robust materials for enhanced durability and performance in everyday use.
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According to Cognitive Market Research, online platforms dominate the foldable smartphone market by providing consumers with easy access to a wide range of models. These platforms offer detailed product comparisons, customer reviews, and promotional discounts, making it easier for tech enthusiasts to explore and purchase innovative devices. The convenience of online shopping combined with competitive pricing has significantly contributed to the growth of the foldable smartphone segment across various regions.
Offline stores are the fastest growing segment in the foldable smartphone market as consumers increasingly prefer to experience the devices before purchase physically. These stores offer an opportunity for customers to test the functionality and durability of foldable phones, which can be a significant factor in the purchasing decision. Additionally, the availability of expert assistance and after-sales services in offline stores enhances customer confidence and satisfaction.
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Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type Outlook: | Inward Folding Smartphones, Outward Folding Smartphones |
Distribution Channel Outlook: | Online Platforms, Offline Stores |
List of Competitors | Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Motorola Mobility LLC, Oppo Mobile Telecommunications Corp. Ltd., Xiaomi Corporation, Honor Device Co. Ltd., OnePlus Technology (Shenzhen) Co. Ltd., Microsoft Corporation, Google LLC, Royale Corporation |
This chapter will help you gain GLOBAL Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review Global Foldable Smartphone Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review North America Foldable Smartphone Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review Europe Foldable Smartphone Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review Asia Pacific Foldable Smartphone Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review South America Foldable Smartphone Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review Middle East Foldable Smartphone Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Foldable Smartphone. Further deep in this chapter, you will be able to review Middle East Foldable Smartphone Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Foldable Smartphone. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Distribution Channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Foldable Smartphone market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Inward Folding Smartphones have a significant impact on Foldable Smartphone market? |
What are the key factors affecting the Inward Folding Smartphones and Outward Folding Smartphones of Foldable Smartphone Market? |
What is the CAGR/Growth Rate of Online Platforms during the forecast period? |
By type, which segment accounted for largest share of the global Foldable Smartphone Market? |
Which region is expected to dominate the global Foldable Smartphone Market within the forecast period? |
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