Foldable Smartphone Market by Display Panel Type, Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growing number of internet users
3.4.1.2. Increase in demand for advanced consumer electronics
3.4.1.3. Rising demand for Phablet
3.4.2. Restraints
3.4.2.1. High cost of advanced technology
3.4.2.2. Manufacturing complexity of foldable display
3.4.3. Opportunities
3.4.3.1. Expanding product portfolio of smartphone vendors
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: FOLDABLE SMARTPHONE MARKET, BY DISPLAY PANEL TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Flip
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Fold
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: FOLDABLE SMARTPHONE MARKET, BY SALES CHANNEL
5.1 Overview
5.1.1 Market size and forecast
5.2. Online
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Offline
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: FOLDABLE SMARTPHONE MARKET, BY REGION
6.1 Overview
6.1.1 Market size and forecast
6.2 North America
6.2.1 Key trends and opportunities
6.2.2 North America Market size and forecast, by Display panel type
6.2.3 North America Market size and forecast, by Sales Channel
6.2.4 North America Market size and forecast, by country
6.2.4.1 U.S.
6.2.4.1.1 Key market trends, growth factors and opportunities
6.2.4.1.2 Market size and forecast, by Display panel type
6.2.4.1.3 Market size and forecast, by Sales Channel
6.2.4.2 Canada
6.2.4.2.1 Key market trends, growth factors and opportunities
6.2.4.2.2 Market size and forecast, by Display panel type
6.2.4.2.3 Market size and forecast, by Sales Channel
6.3 Europe
6.3.1 Key trends and opportunities
6.3.2 Europe Market size and forecast, by Display panel type
6.3.3 Europe Market size and forecast, by Sales Channel
6.3.4 Europe Market size and forecast, by country
6.3.4.1 UK
6.3.4.1.1 Key market trends, growth factors and opportunities
6.3.4.1.2 Market size and forecast, by Display panel type
6.3.4.1.3 Market size and forecast, by Sales Channel
6.3.4.2 Germany
6.3.4.2.1 Key market trends, growth factors and opportunities
6.3.4.2.2 Market size and forecast, by Display panel type
6.3.4.2.3 Market size and forecast, by Sales Channel
6.3.4.3 France
6.3.4.3.1 Key market trends, growth factors and opportunities
6.3.4.3.2 Market size and forecast, by Display panel type
6.3.4.3.3 Market size and forecast, by Sales Channel
6.3.4.4 Spain
6.3.4.4.1 Key market trends, growth factors and opportunities
6.3.4.4.2 Market size and forecast, by Display panel type
6.3.4.4.3 Market size and forecast, by Sales Channel
6.3.4.5 Italy
6.3.4.5.1 Key market trends, growth factors and opportunities
6.3.4.5.2 Market size and forecast, by Display panel type
6.3.4.5.3 Market size and forecast, by Sales Channel
6.3.4.6 Rest of Europe
6.3.4.6.1 Key market trends, growth factors and opportunities
6.3.4.6.2 Market size and forecast, by Display panel type
6.3.4.6.3 Market size and forecast, by Sales Channel
6.4 Asia-Pacific
6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size and forecast, by Display panel type
6.4.3 Asia-Pacific Market size and forecast, by Sales Channel
6.4.4 Asia-Pacific Market size and forecast, by country
6.4.4.1 China
6.4.4.1.1 Key market trends, growth factors and opportunities
6.4.4.1.2 Market size and forecast, by Display panel type
6.4.4.1.3 Market size and forecast, by Sales Channel
6.4.4.2 Japan
6.4.4.2.1 Key market trends, growth factors and opportunities
6.4.4.2.2 Market size and forecast, by Display panel type
6.4.4.2.3 Market size and forecast, by Sales Channel
6.4.4.3 South Korea
6.4.4.3.1 Key market trends, growth factors and opportunities
6.4.4.3.2 Market size and forecast, by Display panel type
6.4.4.3.3 Market size and forecast, by Sales Channel
6.4.4.4 India
6.4.4.4.1 Key market trends, growth factors and opportunities
6.4.4.4.2 Market size and forecast, by Display panel type
6.4.4.4.3 Market size and forecast, by Sales Channel
6.4.4.5 Australia
6.4.4.5.1 Key market trends, growth factors and opportunities
6.4.4.5.2 Market size and forecast, by Display panel type
6.4.4.5.3 Market size and forecast, by Sales Channel
6.4.4.6 Rest of Asia-Pacific
6.4.4.6.1 Key market trends, growth factors and opportunities
6.4.4.6.2 Market size and forecast, by Display panel type
6.4.4.6.3 Market size and forecast, by Sales Channel
6.5 LAMEA
6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size and forecast, by Display panel type
6.5.3 LAMEA Market size and forecast, by Sales Channel
6.5.4 LAMEA Market size and forecast, by country
6.5.4.1 Latin America
6.5.4.1.1 Key market trends, growth factors and opportunities
6.5.4.1.2 Market size and forecast, by Display panel type
6.5.4.1.3 Market size and forecast, by Sales Channel
6.5.4.2 Middle East
6.5.4.2.1 Key market trends, growth factors and opportunities
6.5.4.2.2 Market size and forecast, by Display panel type
6.5.4.2.3 Market size and forecast, by Sales Channel
6.5.4.3 Africa
6.5.4.3.1 Key market trends, growth factors and opportunities
6.5.4.3.2 Market size and forecast, by Display panel type
6.5.4.3.3 Market size and forecast, by Sales Channel

CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021

CHAPTER 8: COMPANY PROFILES
8.1 Xiaomi Corporation
8.1.1 Company overview
8.1.2 Key Executives
8.1.3 Company snapshot
8.1.4 Operating business segments
8.1.5 Product portfolio
8.1.6 Business performance
8.1.7 Key strategic moves and developments
8.2 AsusTek Computer Inc.
8.2.1 Company overview
8.2.2 Key Executives
8.2.3 Company snapshot
8.2.4 Operating business segments
8.2.5 Product portfolio
8.2.6 Business performance
8.2.7 Key strategic moves and developments
8.3 LG Electronics Inc.
8.3.1 Company overview
8.3.2 Key Executives
8.3.3 Company snapshot
8.3.4 Operating business segments
8.3.5 Product portfolio
8.3.6 Business performance
8.3.7 Key strategic moves and developments
8.4 vivo Mobile Pvt Ltd
8.4.1 Company overview
8.4.2 Key Executives
8.4.3 Company snapshot
8.4.4 Operating business segments
8.4.5 Product portfolio
8.4.6 Business performance
8.4.7 Key strategic moves and developments
8.5 Royole Corporation
8.5.1 Company overview
8.5.2 Key Executives
8.5.3 Company snapshot
8.5.4 Operating business segments
8.5.5 Product portfolio
8.5.6 Business performance
8.5.7 Key strategic moves and developments
8.6 Huawei Technologies Co., Ltd.
8.6.1 Company overview
8.6.2 Key Executives
8.6.3 Company snapshot
8.6.4 Operating business segments
8.6.5 Product portfolio
8.6.6 Business performance
8.6.7 Key strategic moves and developments
8.7 Microsoft Corporation
8.7.1 Company overview
8.7.2 Key Executives
8.7.3 Company snapshot
8.7.4 Operating business segments
8.7.5 Product portfolio
8.7.6 Business performance
8.7.7 Key strategic moves and developments
8.8 Motorola Mobility LLC
8.8.1 Company overview
8.8.2 Key Executives
8.8.3 Company snapshot
8.8.4 Operating business segments
8.8.5 Product portfolio
8.8.6 Business performance
8.8.7 Key strategic moves and developments
8.9 ZTE Corporation
8.9.1 Company overview
8.9.2 Key Executives
8.9.3 Company snapshot
8.9.4 Operating business segments
8.9.5 Product portfolio
8.9.6 Business performance
8.9.7 Key strategic moves and developments
8.10 samsung
8.10.1 Company overview
8.10.2 Key Executives
8.10.3 Company snapshot
8.10.4 Operating business segments
8.10.5 Product portfolio
8.10.6 Business performance
8.10.7 Key strategic moves and developments

List of Tables
Table 1. Global Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 2. Foldable Smartphone Market for Flip, by Region, 2021-2031 (Revenue, $Million)
Table 3. Foldable Smartphone Market for Fold, by Region, 2021-2031 (Revenue, $Million)
Table 4. Global Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 5. Foldable Smartphone Market for Online, by Region, 2021-2031 (Revenue, $Million)
Table 6. Foldable Smartphone Market for Offline, by Region, 2021-2031 (Revenue, $Million)
Table 7. Foldable Smartphone Market, by Region, 2021-2031 (Revenue, $Million)
Table 8. North America Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 9. North America Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 10. North America Foldable Smartphone Market, by Country, 2021-2031 (Revenue, $Million)
Table 11. U.S. Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 12. U.S. Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 13. Canada Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 14. Canada Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 15. Europe Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 16. Europe Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 17. Europe Foldable Smartphone Market, by Country, 2021-2031 (Revenue, $Million)
Table 18. UK Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 19. UK Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 20. Germany Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 21. Germany Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 22. France Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 23. France Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 24. Spain Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 25. Spain Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 26. Italy Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 27. Italy Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 28. Rest of Europe Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 29. Rest of Europe Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 30. Asia-Pacific Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 31. Asia-Pacific Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 32. Asia-Pacific Foldable Smartphone Market, by Country, 2021-2031 (Revenue, $Million)
Table 33. China Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 34. China Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 35. Japan Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 36. Japan Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 37. South Korea Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 38. South Korea Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 39. India Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 40. India Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 41. Australia Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 42. Australia Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 43. Rest of Asia-Pacific Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 44. Rest of Asia-Pacific Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 45. LAMEA Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 46. LAMEA Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 47. LAMEA Foldable Smartphone Market, by Country, 2021-2031 (Revenue, $Million)
Table 48. Latin America Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 49. Latin America Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 50. Middle East Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 51. Middle East Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 52. Africa Foldable Smartphone Market, by Display Panel Type, 2021-2031 (Revenue, $Million)
Table 53. Africa Foldable Smartphone Market, by Sales Channel, 2021-2031 (Revenue, $Million)
Table 54. Xiaomi Corporation: Key Executives
Table 55. Xiaomi Corporation: Company Snapshot
Table 56. Xiaomi Corporation: Operating Segments
Table 57. Xiaomi Corporation: Product Portfolio
Table 58. Xiaomi Corporation: Net Sales
Table 59. Xiaomi Corporation: Key Stratergies
Table 60. Asustek Computer Inc.: Key Executives
Table 61. Asustek Computer Inc.: Company Snapshot
Table 62. Asustek Computer Inc.: Operating Segments
Table 63. Asustek Computer Inc.: Product Portfolio
Table 64. Asustek Computer Inc.: Net Sales
Table 65. Asustek Computer Inc.: Key Stratergies
Table 66. Lg Electronics Inc.: Key Executives
Table 67. Lg Electronics Inc.: Company Snapshot
Table 68. Lg Electronics Inc.: Operating Segments
Table 69. Lg Electronics Inc.: Product Portfolio
Table 70. Lg Electronics Inc.: Net Sales
Table 71. Lg Electronics Inc.: Key Stratergies
Table 72. Vivo Mobile Pvt Ltd: Key Executives
Table 73. Vivo Mobile Pvt Ltd: Company Snapshot
Table 74. Vivo Mobile Pvt Ltd: Operating Segments
Table 75. Vivo Mobile Pvt Ltd: Product Portfolio
Table 76. Vivo Mobile Pvt Ltd: Net Sales
Table 77. Vivo Mobile Pvt Ltd: Key Stratergies
Table 78. Royole Corporation: Key Executives
Table 79. Royole Corporation: Company Snapshot
Table 80. Royole Corporation: Operating Segments
Table 81. Royole Corporation: Product Portfolio
Table 82. Royole Corporation: Net Sales
Table 83. Royole Corporation: Key Stratergies
Table 84. Huawei Technologies Co. Ltd.: Key Executives
Table 85. Huawei Technologies Co. Ltd.: Company Snapshot
Table 86. Huawei Technologies Co. Ltd.: Operating Segments
Table 87. Huawei Technologies Co. Ltd.: Product Portfolio
Table 88. Huawei Technologies Co. Ltd.: Net Sales
Table 89. Huawei Technologies Co. Ltd.: Key Stratergies
Table 90. Microsoft Corporation: Key Executives
Table 91. Microsoft Corporation: Company Snapshot
Table 92. Microsoft Corporation: Operating Segments
Table 93. Microsoft Corporation: Product Portfolio
Table 94. Microsoft Corporation: Net Sales
Table 95. Microsoft Corporation: Key Stratergies
Table 96. Motorola Mobility LLC: Key Executives
Table 97. Motorola Mobility LLC: Company Snapshot
Table 98. Motorola Mobility LLC: Operating Segments
Table 99. Motorola Mobility LLC: Product Portfolio
Table 100. Motorola Mobility LLC: Net Sales
Table 101. Motorola Mobility LLC: Key Stratergies
Table 102. Zte Corporation: Key Executives
Table 103. Zte Corporation: Company Snapshot
Table 104. Zte Corporation: Operating Segments
Table 105. Zte Corporation: Product Portfolio
Table 106. Zte Corporation: Net Sales
Table 107. Zte Corporation: Key Stratergies
Table 108. Samsung: Key Executives
Table 109. Samsung: Company Snapshot
Table 110. Samsung: Operating Segments
Table 111. Samsung: Product Portfolio
Table 112. Samsung: Net Sales
Table 113. Samsung: Key Stratergies

List of Figures
Figure 1. Segmentation of Foldable Smartphone Market, 2021-2031
Figure 2. Foldable Smartphone Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Foldable Smartphone Market: Drivers, Restraints and Opportunities
Figure 10. Foldable Smartphone Market, by Display Panel Type, 2021 (%)
Figure 11. Comparative Share Analysis of Flip Foldable Smartphone Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Fold Foldable Smartphone Market, 2021 and 2031 (%)
Figure 13. Foldable Smartphone Market, by Sales Channel, 2021 (%)
Figure 14. Comparative Share Analysis of Online Foldable Smartphone Market, 2021 and 2031 (%)
Figure 15. Comparative Share Analysis of Offline Foldable Smartphone Market, 2021 and 2031 (%)
Figure 16. Foldable Smartphone Market by Region, 2021
Figure 17. U.S. Foldable Smartphone Market, 2021-2031 ($Million)
Figure 18. Canada Foldable Smartphone Market, 2021-2031 ($Million)
Figure 19. UK Foldable Smartphone Market, 2021-2031 ($Million)
Figure 20. Germany Foldable Smartphone Market, 2021-2031 ($Million)
Figure 21. France Foldable Smartphone Market, 2021-2031 ($Million)
Figure 22. Spain Foldable Smartphone Market, 2021-2031 ($Million)
Figure 23. Italy Foldable Smartphone Market, 2021-2031 ($Million)
Figure 24. Rest of Europe Foldable Smartphone Market, 2021-2031 ($Million)
Figure 25. China Foldable Smartphone Market, 2021-2031 ($Million)
Figure 26. Japan Foldable Smartphone Market, 2021-2031 ($Million)
Figure 27. South Korea Foldable Smartphone Market, 2021-2031 ($Million)
Figure 28. India Foldable Smartphone Market, 2021-2031 ($Million)
Figure 29. Australia Foldable Smartphone Market, 2021-2031 ($Million)
Figure 30. Rest of Asia-Pacific Foldable Smartphone Market, 2021-2031 ($Million)
Figure 31. Latin America Foldable Smartphone Market, 2021-2031 ($Million)
Figure 32. Middle East Foldable Smartphone Market, 2021-2031 ($Million)
Figure 33. Africa Foldable Smartphone Market, 2021-2031 ($Million)
Figure 34. Top Winning Strategies, by Year
Figure 35. Top Winning Strategies, by Development
Figure 36. Top Winning Strategies, by Company
Figure 37. Product Mapping of Top 10 Players
Figure 38. Competitive Dashboard
Figure 39. Competitive Heatmap of Top 10 Key Players
Figure 40. Top Player Positioning, 2021
Figure 41. Xiaomi Corporation.: Net Sales ($Million)
Figure 42. Asustek Computer Inc..: Net Sales ($Million)
Figure 43. Lg Electronics Inc..: Net Sales ($Million)
Figure 44. Vivo Mobile Pvt Ltd.: Net Sales ($Million)
Figure 45. Royole Corporation.: Net Sales ($Million)
Figure 46. Huawei Technologies Co. Ltd..: Net Sales ($Million)
Figure 47. Microsoft Corporation.: Net Sales ($Million)
Figure 48. Motorola Mobility LLC.: Net Sales ($Million)
Figure 49. Zte Corporation.: Net Sales ($Million)
Figure 50. Samsung.: Net Sales ($Million)

Executive Summary

According to the report titled, “Foldable Smartphone Market," The foldable smartphone market was valued at $17.6 billion in 2021, and is estimated to reach $174 billion by 2031, growing at a CAGR of 26% from 2022 to 2031.

A foldable smartphone is a device with a folding form factor, which include the layout, size, and design of the mobile phone. The feature of the foldable smartphone is that it folds in an outward and inward direction. The foldable smartphone has flexible display which allows the phone to bend, twist, and fold. The flexible display technologies include e-paper and OLED (Organic Light Emitting Diode) displays. When power is transmitted through organic compounds of e-paper and OLED, they radiate their own light, which implies that these displays do not require illuminated lights to function as they radiate their own light, enabling the foldable smartphones to be thinner and more flexible.

Key factors driving the growth of the foldable smartphone market include increase in demand for advanced consumer electronics and a growing number of internet users, the rising demand for Phablet. The increased awareness among consumers regarding the latest trend in smartphone technologies across developed economies is fueling the demand for such a product where the evolving business strategies of manufacturers providing innovative offerings of foldable design boost market growth. In addition, the user interface configuration is a noticeable factor in foldable smartphones. The foldable smartphone development has yet not achieved its top because of significant expense and low entrance to the market. Moreover, another explanation of restricted development could be damaged screen detailed by numerous clients after less utilization. For instance, in October 2022, the number of smartphone unit shipments worldwide in 2021 reached 1.34 billion units, while unit shipments of foldable smartphones totaled 7.1 million units. By 2025, the number of smartphone units shipped is expected to grow to 1.5 billion units, compared to the 26.7 million units of foldable smartphones forecast to be shipped that year.

The market also offers growth opportunities to the key players in the market. The increased awareness among consumers regarding the latest trend in smartphone technologies across developed economies by evolving business strategies of manufacturers providing innovative offerings of foldable design boost market growth. In addition, smartphone makers are experimenting with different form factors for their foldable smartphones. For instance, in August 2022, Samsung launched Galaxy Z Fold 4 and Flip 4, along with the Galaxy Watch 5 and the Galaxy Buds 2 Pro. Moreover, foldable smartphones have been set at the forefront of smartphone technology, which became commercialized. The products combine the attributes of a large-screen tablet with the portability of a smartphone and are expected to attract a huge customer base over the forecast period. Market players, such as Samsung and Huawei, have been setting the trend of this foldable technology by launching newer products in the market. Which provides opportunity for market growth.

The foldable smartphone market is segmented into display panel, sales channel, and region. On the basis of the display panel, the market is categorized into flip and fold. By sales channel, it is classified into online retailers and offline retailers. Region wise, it is analyzed across North America (the U.S., Canada), Europe (the UK, Germany, France, Spain, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).

The key players profiled in the study include ASUSTeK Computer Inc, Huawei Technologies Co., Ltd, LG Electronics, Microsoft Corporation, Motorola Mobility LLC, Samsung, Royole Corporation, Vivo Mobile Pvt Ltd, Xiaomi Corporation, and ZTE Corporation. The players in the market have been actively engaged in the adoption various strategies such as acquisition, and partnership to remain competitive and gain advantage over the competitors in the market. For instance, in February 2020, Huawei launched its Mate X2 latest foldable smartphone in China. Like Samsung Galaxy Fold, the company ditched the outward folding design and moved to an inward folding design.

Key Market Insights

• By display panel type, the flip segment was the highest revenue contributor to the market, and is estimated to reach $ 1,13,892.48 million by 2031, with a CAGR of 24.8%. However, the fold segment is estimated to be the fastest growing segment with the CAGR of 28.4% during the forecast period.
• By sales channel, the online segment dominated the global market, and is estimated to reach $ 1,03,154.44 million by 2031, with a CAGR of 27.0%. However, the health online segment is expected to be the fastest growing segment with the CAGR 27.0% during the foldable smartphone Market Forecast.
• Based on region, North America was the highest revenue contributor, accounting for $ 8,050.28 million in 2021, and is estimated to reach $ 69,927.86 million by 2031, with a CAGR of 24.4%.

Companies Mentioned

• Xiaomi Corporation
• AsusTek Computer Inc.
• LG Electronics Inc.
• vivo Mobile Pvt Ltd
• Royole Corporation
• Huawei Technologies Co., Ltd.
• Microsoft Corporation
• Motorola Mobility LLC
• ZTE Corporation
• samsung

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.