Foldable Phone Market: Stagnation and Future Prospects
In recent years, with the development of mobile technology, foldable phones have become innovative devices that attract the attention of users. However, currently, the foldable phone market recession This situation is affecting many manufacturers and some brands are reevaluating their relationship with the market. Here is a detailed review of the latest developments in the foldable phone market and what the future holds.
Reasons for Market Decline
Foldable display shipments fell for the first time on an annual basis due to multiple factors. Display Supply Chain Consultants (DSCC) According to data provided by , a 2024% decline in foldable display shipments is expected in the third quarter of 10. This decline is due to the market reaching saturation and some manufacturers deciding to withdraw from this field.
Market Strategies of Manufacturers
lately Infinix, Itel ve Tecno Low-budget brands such as are preparing to withdraw from the foldable phone market. In addition, a major Chinese brand is also expected to stop producing foldable phones. BBK Electronics It is possible that one of the brands Vivo or Oppo under its umbrella may withdraw from this market. This situation may reduce the competitiveness of the market and affect the product variety.
Market Domination by Samsung and Huawei
Among the brands that continue to lead the foldable phone market Samsung ve Huawei stands out. However, according to DSCC estimates, Samsung Galaxy z flip 6 model's screen shipments were released last year Galaxy z flip 5This suggests that Samsung’s overall foldable panel shipments will fall by 10% in 2024, the lowest level since 20. Huawei’s foldable panel supply has also fallen from a 2021% market share to 30%.
Apple's Entry into the Foldable Market
As the savior of the stagnant foldable phone market Apple Apple’s first foldable device is expected to be released in the second half of 2026. The DSCC predicts that this new device will drive 30% growth in the foldable phone market, with growth continuing at 2027% in 2028 and 20. Apple’s strategies for the foldable phone market could rekindle user interest.
User Demands and the Future of the Market
Another reason for the stagnation in the foldable phone market is the change in user demands. Users are looking for more durable and long-lasting devices. For this reason, the durability and functionality of foldable phones developed by manufacturers are at the forefront. In addition, the importance users give to the price-performance balance has also increased. Low budget The increasing number of foldable phones may increase competition in this space.
Innovative Solutions of the Market
Despite the stagnation in the foldable phone market, innovative solutions continue to be developed in this area with innovation and new technologies. For example, developments in display technologies and the use of thinner, lighter materials make foldable phones more attractive. In addition, software updates and features that improve the user experience play an important role.
As a result
The foldable phone market, although currently stagnant, may revive with future developments and potential innovations. Changing user demands and the entry of new brands into the market will increase competition in this area. Apple’s entry into the market with its foldable devices in particular could have a significant impact on the sector. Therefore, it is of great importance for both users and manufacturers to closely follow the developments in the foldable phone market.
