Overview:
The global foldable market is expected to reach 18.97 m units in 2023, showing about 45% year-over-year growth. The foldable smartphone market in 2023 1Q is still showing a significant increase. Still, the foldable smartphone market in the first half of 2023 is expected to be partially affected by the global smartphone market's downward trend. However, overall consumer awareness of foldable products is improving, and since the premium smartphone market is also showing solid demand, the global foldable market in 2023 is also expected to show steady growth.
We expect the main characteristics of the 2023 foldable market will be:
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Jene Park
Jene (Jin Suk) is a Senior Research Analyst at Counterpoint Research based on Seoul korea, Since he started his career in Samsung, he experienced various industry and jobs including Strategy Consultant in international Consulting firms. To pursue his major interest in smart devices and connectivity, he joined Counterpoint Research team. In academic side, Jene holds a Bachelor of Economics degree in Yonsei Univ in Korea.
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