Foldable Phone Market

By Form Factor;

Clamshell (Vertical Fold), Book-Style (Horizontal Fold), Outward Fold and Rollable & Slide-Out

By Screen Size;

Less Than & Equal to 6.9 Inch, 7–8 Inch and Greater Than 8 Inch

By Price Range;

Less Than USD 1,000, USD 1,000–1,499, USD 1,500–1,999 and Greater Than & Equal to USD 2,000

By Sales Channel;

Carrier & Operator Stores, Consumer Electronics & Specialty Retail and E-Commerce & Direct-to-Consumer

By End User;

Consumer, Enterprise & Corporate and Government & Defense

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn572810117 Published Date: September, 2025 Updated Date: November, 2025

Foldable Phone Market Overview

Foldable Phone Market (USD Million)

Foldable Phone Market was valued at USD 13,476.20 million in the year 2024. The size of this market is expected to increase to USD 65,712.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 25.4%.


Foldable Phone Market

*Market size in USD million

CAGR 25.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)25.4 %
Market Size (2024)USD 13,476.20 Million
Market Size (2031)USD 65,712.86 Million
Market ConcentrationLow
Report Pages312
13,476.20
2024
65,712.86
2031

Major Players

  • Motorola
  • Google
  • TCL
  • Huawei
  • Samsung
  • LG
  • Apple
  • Xiaomi
  • Energizer
  • Lenovo
  • ZTE
  • Huawei Mate
  • Sony
  • Iqoo

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Foldable Phone Market

Fragmented - Highly competitive market without dominant players


The Foldable Phone Market is expanding steadily as mobile technology shifts toward flexible displays and innovative designs. Offering portability, premium style, and large-screen convenience, foldable phones now represent nearly 54% of new flagship device introductions.

Superior Consumer Experience
Foldable phones are valued for their larger screen space, multi-tasking functionality, and portability. About 48% of consumers prefer them for blending compact design with enhanced usability, creating a seamless digital lifestyle experience.

Durability Improvements Driving Adoption
Industry players are focusing on reliability through stronger hinges and resistant materials. Over 42% of product innovations center on long-lasting performance, scratch resistance, and optimized power use, ensuring foldable phones meet user expectations.

Advances in Display Technologies
Technological improvements in OLED displays, polymer substrates, and folding structures are accelerating adoption. Nearly 37% of innovations emphasize better flexibility, thinner form factors, and sharper resolutions, enhancing consumer appeal.

Future Market Potential
The foldable phone market is on a promising growth path, fueled by innovation and sustainability. Close to 46% of industry strategies highlight premium designs, technological progress, and eco-friendly approaches, securing their place in next-generation mobile ecosystems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form Factor
    2. Market Snapshot, By Screen Size
    3. Market Snapshot, By Price Range
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By End User
    6. Market Snapshot, By Region
  4. Foldable Phone Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovation in Display Technology

        2. Demand for Flexible and Portable Phone

        3. Growing Investments in R&D

        4. Potential for Wearable Phones

      2. Restraints
        1. High Manufacturing Costs

        2. Technical Challenges in Durability

        3. Concerns Regarding Screen Quality

        4. Regulatory Compliance Issues

      3. Opportunities
        1. Expansion in Automotive Displays

        2. Rise in Foldable E-Reader Market

        3. Emerging Applications in Healthcare Phones

        4. Potential in Augmented Reality (AR) Phones

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Foldable Phone Market, By Form Factor, 2021 - 2031 (USD Million)
      1. Clamshell (Vertical Fold)
      2. Book-Style (Horizontal Fold)
      3. Outward Fold
      4. Rollable & Slide-Out
    2. Foldable Phone Market, By Screen Size, 2021 - 2031 (USD Million)
      1. Less Than & Equal to 6.9 Inch
      2. 7–8 Inch
      3. Greater Than 8 Inch
    3. Foldable Phone Market, By Price Range, 2021 - 2031 (USD Million)
      1. Less Than USD 1,000
      2. USD 1,000–1,499
      3. USD 1,500–1,999
      4. Greater Than & Equal to USD 2,000
    4. Foldable Phone Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Carrier & Operator Stores
      2. Consumer Electronics & Specialty Retail
      3. E-Commerce & Direct-to-Consumer
    5. Foldable Phone Market, By End User, 2021 - 2031 (USD Million)
      1. Consumer
      2. Enterprise & Corporate
      3. Government & Defense
    6. Foldable Phone Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Huawei
      2. Motorola
      3. Samsung Electronics
      4. Honor
      5. Google
      6. Apple
      7. OnePlus
      8. Xiaomi
      9. Oppo
      10. Tecno Mobile
      11. Asus
      12. Vivo
      13. LG Electronics
      14. Realme
      15. Lenovo
  7. Analyst Views
  8. Future Outlook of the Market