Market Overview:Foldable smartphones are smartphones that can be folded to reduce its overall size for portability. These phones have flexible displays that allow the device to be closed and opened like a book. Foldable smartphones are still in nascent stage but are gaining traction due to their compact size when folded and large screen when unfolded for multimedia purposes.Market Dynamics:The...
Smartphones with foldable displays, commonly known as foldable smartphones, allow users to expand or reduce the screen size as per requirement. Foldable smartphones offer larger screen space in an open state and compact portability in a closed position. Their foldable OLED displays enable transition between smartphone and tablet form factors. Samsung Electronics, Huawei Technologies and...
SWOT AnalysisStrength: Foldable Smartphones offer an innovative design that allows the screen size to be enlarged for media consumption and compacted for portability. Their flexible displays provide a larger viewable area compared to regular smartphones. Additionally, their unique form factor sets them apart from mainstream devices and helps manufacturers attract consumers looking for novel...
SWOT AnalysisStrength: Foldable Smartphones offer an innovative design that allows the screen size to be enlarged for media consumption and compacted for portability. Their flexible displays provide a larger viewable area compared to regular smartphones. Additionally, their unique form factor sets them apart from mainstream devices and helps manufacturers attract consumers looking for novel...
The past few years have seen a number of manufacturers experimenting and developing new form factors for smartphones beyond the standard slab design. One of the most innovative design types that is gaining traction is the foldable smartphone. In this article, we take a closer look at the foldable smartphone category, what makes it unique, and the devices currently available on the market.Early...
The Foldable Smartphone Market is estimated to be valued at US$ 15.83 Bn in 2023 and is expected to exhibit a CAGR of 20.4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Foldable smartphones are a new and revolutionary technology that offers the convenience of a smartphone with the flexibility of a tablet.
SWOT Analysis:
Strength: The...
Market Drivers Growing interest of consumers in innovative smartphone designs coupled with increasing disposable incomes is a key driver for the foldable smartphone market. Foldable smartphones provide an experiential upgrade over regular smartphones through their large yet compact form factors. Strong R&D investments by technology giants to improve the folding screen durability,...