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February 16 news, the latest report of market research institute Canalys predicts that between 2021 and 2024, foldable smartphone shipments are expected to increase by 53% and exceed 30 million units by 2024.
Canalys data shows that in 2021, global shipments of foldable phones reached 8.9 million units. Despite the high price, the foldable smartphone market grew by 148% year-on-year in 2021, while the overall smartphone market grew by only 7%.
In addition, Canalys predicts that the average selling price of foldable smartphones will fall by half from 2019 levels to around $1,000 by 2024.
AmberLiu, a research analyst at Canalys, said, "Mainstream smartphone vendors are competing for the foldable phone market, which will become an important part of their high-end strategy and corporate brand. The market is expected to introduce more new foldable devices this year, as vendors will continue to reduce the thickness, weight and price of the phone, which is crucial for the choice of the market. ”
(World Wide Web)