Global Foldable Market Analysis, Q4 2023

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Mar 29, 2024

Overview:

Global foldable smartphone shipments increased in Q4 2023, although overall smartphone shipments declined 4% YoY during the quarter. In 2023, global foldable shipments increased by 25% YoY, as foldables transitioned from being a niche device to a mass-market product. This shift was driven by diversification in folding types, cover window materials, and the pricing of foldable phones.

Counterpoint Research expects global foldable shipments to grow further in 2024, primarily due to these factors:

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Category

Industry

Smartphone

Report Type

Report

Time period

Quarterly

Summary

Published

Mar 29, 2024

Contact us

Author

Jene Park

Jene (Jin Suk) is a Senior Research Analyst at Counterpoint Research based on Seoul korea, Since he started his career in Samsung, he experienced various industry and jobs including Strategy Consultant in international Consulting firms. To pursue his major interest in smart devices and connectivity, he joined Counterpoint Research team. In academic side, Jene holds a Bachelor of Economics degree in Yonsei Univ in Korea.