Global Foldable Smartphone Market Analysis and Insights, Q2 2024
Overview:
In the second quarter of 2024, global shipments of foldable devices increased by 48% compared to the previous year. The market has consistently experienced double-digit growth since the second half of 2023, with Chinese manufacturers driving this expansion. During Q2 2024, the foldable market saw year-over-year growth in nearly all regions, with Western Europe and Latin America experiencing the largest increases. Huawei maintained the highest global market share for the second consecutive quarter, while Samsung held onto the second position with a 20% market share worldwide. Competition among foldable products is expanding globally, and new trends in foldable technology are emerging, indicating a positive outlook for the popularization of foldable devices in the future.
Table of Contents:
- Key Takeaways
- Global Foldable Shipments Trends
- Regional Foldable Market Trends
- OEM Trends
- Huawei
- Samsung
- HONOR
- Motorola
- Book-type Foldable Trends
- Clamshell-type Foldable Trends
- Foldable Smartphone ASP Trends
- Foldable Smartphone Forecast
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Author
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.
