Total foldable smartphone shipments in 2022 amounted to 14.2 million devices. And Samsung has emerged as a clear leader, having sold just under 12 million devices. Other market players Huawei, Oppo, Vivo, Xiaomi and Honor shipped less than 1 million foldable devices during the same period.
Despite declining shipments in Q4 2022, the foldable smartphone market is relatively healthy, especially given the global economic woes in the broader smartphone industry, Gizmochina writes, citing a report from the firm. of Canalys analysis.
Looking ahead, experts estimate the potential of the foldable smartphone market very high. According to his assumptions, shipments in 2023 will double to 30 million, of which 15 million will fall on Samsung (specifically the Galaxy Z Fold 4 and Galaxy Z Flip 4).
Foldable smartphones are gaining popularity due to their unique design and innovative features (particularly double the screen size).
As more companies launch foldable phones and improve their design, they are likely to become even more popular in the coming years.
Right now, Samsung seems to have a firm grip on the foldable device market, but the company is clearly expecting more competition. Accordingly, the brand intends to strengthen its position by launching the Galaxy Z Fold 5 and Galaxy Z Flip 5 later this year.
Author:
Ekaterina Alipova
Source: RB
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