According to a new report from Counterpoint Research, global foldable screen smartphone shipments are expected to exceed 100 million units by 2027. For comparison, shipments are expected to be 18 million units in 2023 and will maintain double-digit percentage growth over the next several years.

Counterpoint Research said that although the foldable phone market is still a niche market for now, it is an important segment for brands looking to stay at the forefront of innovation and high-end markets. In addition, Samsung and Chinese mobile phone brand manufacturers are very active, especially in the local market. Among them, China is the world’s largest folding screen mobile phone market in 2022.

At present, only Apple among high-end mobile phone brands has not entered this field. Counterpoint believes that in 2025, Apple may launch the first folding screen iPhone and bring new growth to this market segment.