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IDC Forecasts Worldwide Foldable Telephone Shipments to Attain 41.5 Million by 2026

NEEDHAM, Mass., October 3, 2022 – Worldwide Knowledge Company (IDC) expects worldwide shipments of foldable telephones, together with flip and fold type components, to succeed in 13.5 million models in 2022. This represents a 66.6% enhance from the 8.1 million models shipped in 2021. Undertaking up to date IDC forecasts. that shipments of foldable telephones will attain 41.5 million models in 2026, with a compound annual progress fee (CAGR) of 38.7% from 2021 to 2026.

The expansion of the foldable market has been led by Samsung with its Flip and Fold line. We hope that the newly up to date mannequin will outperform its predecessor and seize the eye of shoppers within the class. The industrial section of the market stays ripe to benefit from the fold as a two-in-one machine that may exchange each a cellphone and a pill. Though IDC nonetheless believes that this use case stays a low precedence, falling costs and new enterprise use circumstances make the concept extra engaging shifting ahead. Subsequent 12 months will generate 55.1% progress for the fold with continued double-digit progress all through the forecast interval.

“The current launch of the Galaxy Z Flip 4 and Fold 4 will as soon as once more shine a highlight on all classes as Samsung continues to be the gold normal for foldable units available in the market,” stated Anthony Scarsella, analysis supervisor with IDC’s Worldwide Quarterly Cell. Telephone Tracker. “The brand new launch from Samsung has led to a higher however important enhance within the predecessors. The success of those units needs to be a robust indicator of how foldables will evolve and seize superior shoppers. The value is suitable to shoppers given that almost all shopper items have seen worth enhance because of inflation in 2022.”

Worldwide Folding Telephone Delivery (cargo in hundreds of thousands of models)

Kind Issue

2022 Delivery*

Market Share 2022*

2026 Supply*

Market Share 2026*

2021-2026 CAGR*

folding

13.5

1.1%

41.5

2.8%

38.7%

Smartphones

1,351.7

98.9%

1.417.3

97.2%

1.0%

Whole

1,359.8

100.0%

1,458.8

100.0%

1.4%

Supply: IDC, Worldwide Foldable Smartphone Forecast, 2022–2026, September 2022.

* Desk Notes:

• All figures are forecast projections.

  • Knowledge could be modified.

“With progress of just about 70% year-over-year anticipated for foldables in 2022, the largest query right now is whether or not foldables will develop into mainstream anytime quickly? Sadly, the reply is not any,” stated Nabila Popal, director of analysis and Cell Telephones Worldwide IDC’s Quarterly. Tracker. “To me, mainstream means quantity, and quantity is dominated by cheaper, sub-$400 telephones. Whereas it could be tempting to swoop in with decrease promoting costs to generate an preliminary enhance in gross sales, I strongly consider that it isn’t good . transfer – particularly not on the expense of high quality and consumer expertise. Foldables ought to stay a distinct segment and a premium flagship machine. As an alternative, distributors ought to concentrate on enhancing consumer expertise and constructing to extend belief within the class and generate long-term progress. I consider foldables are the way forward for units Premium Androids although, as an entire, are solely anticipated to take up lower than 3% of world quantity by the tip of our forecast interval.

IDC report, World Foldable Telephone Forecast, 2022–2026 (Doc #US49667922), offers a five-year overview and forecast of the worldwide foldable cellphone market and its enlargement and progress by means of 2026. The research additionally offers an outlook on future demand for the class, together with key gamers and the impression they are going to have. have on different retailers, operators, and each shoppers and enterprise customers.

About IDC

Worldwide Knowledge Company (IDC) is a number one international supplier of market intelligence, advisory providers, and occasions for the data expertise, telecommunications, and shopper expertise markets. With greater than 1,300 analysts worldwide, IDC presents international, regional, and native experience in expertise, IT benchmarks and sources, and business alternatives and developments in additional than 110 international locations. IDC’s evaluation and insights assist IT professionals, enterprise executives, and the funding neighborhood make fact-based expertise choices and obtain key enterprise targets. Based in 1964, IDC is a subsidiary of Worldwide Knowledge Group (IDG), the world’s main expertise media, knowledge, and advertising providers firm. To be taught extra about IDC, please go to www.idc.com. Observe IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Weblog for business information and insights.

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