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Overview:
The global foldable smartphone market grew continuously in 2023. In Q4 2023, the global foldable smartphone market increased 31.3% YoY, based on shipments, to reach 4.8 million units, driven by the Chinese foldable market (up 91.4% YoY), the Asia-Pacific foldable market (up 80.5% YoY) and the Europe foldable market (up 37.6% YoY). The primary factor in the changes in the global foldable market in 2023 was the continued high growth of the Chinese foldable market. Another characteristic of 2023 is that even excluding China, the Asian and MEA foldable markets are showing continued growth. Based on this situation, the growth of Chinese OEMs in the foldable market in 2023 is noteworthy in the global foldable market.
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Category
Industry
Mobile and Telecom
Report Type
Report
Time period
Quarterly
Summary
Published
Mar 14, 2024
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