Market dynamics
Rapid 5G rollouts and hinge innovations are reshaping user expectations, driving the Foldable Smartphone Market Demand toward premium adoption. Supply chain complexity and high component costs remain significant market restraints that stakeholders must navigate.
Market size and Overview
Driven by 5G rollouts and ultra-thin glass innovations, the foldable smartphone market is witnessing accelerated adoption across APAC and North America. Key market drivers include consumer demand for enhanced multitasking experiences, while market restraints such as production costs and supply chain complexity persist.
Global foldable smartphone market is estimated to be valued at USD 28.67 Bn in 2025 and is expected to reach USD 102.79 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 20% from 2025 to 2032.
As per our market insights, escalating foldable smartphone market revenue potential underscores significant business growth prospects, as detailed in our foldable smartphone market report on market drivers, restraints, and segments.
Key Takeaways
• Dominating Region: Asia Pacific recorded 12.5 million foldable shipments in 2025, led by Samsung Electronics’ Galaxy Z Fold5 and Huawei Mate X3 launches.
• Fastest-Growing Region: North America achieved 45% year-on-year growth in foldable smartphone adoption during 2025, driven by Motorola Razr+ clamshell models.
• By Fold Type (market segments): Based on our latest market report, the inward-fold segment dominated foldable smartphone market segments in 2025, with Samsung Galaxy Z Fold5 shipping 3 million units; outward-fold designs from Motorola recorded the fastest growth (60% surge) in 2025.
• By Form Factor: Book-style foldables led by Galaxy Z Fold5 remained dominant, while clamshell models (Motorola Razr+, Samsung Z Flip4) posted a 50% increase in North American sales.
• By Distribution Channel: Online channels accounted for 55% of volume in 2025; direct-to-consumer brand stores grew fastest (40%), per our market research.
Market Key Trends
In the foldable smartphone market, the integration of advanced 5G connectivity remains the paramount trend actively shaping product development and consumer uptake. In 2024, 5G-capable foldable devices accounted for 68% of total shipments, up from 42% in 2023, per our foldable smartphone market report data.
Qualcomm’s launch of the Snapdragon X2 chipset in late 2024 provided optimized power consumption and enhanced multi-gigabit throughput, enabling brands such as Samsung to introduce the Galaxy Z Fold5 with seamless mmWave performance.
This technological driver addresses market demands for uninterrupted high-definition streaming and low-latency gaming—key market drivers in both APAC and North America. Moreover, telecom operators in the United States and South Korea rolled out new standalone 5G SA networks in early 2025, expanding network ecosystem support for foldable smartphone market growth.
These network upgrades are projected to reduce latency by 25% and improve throughput by 30%, as demonstrated in field tests conducted by leading carriers. In 2025, our market insights show that average selling prices for 5G-enhanced foldables declined by 8%, enhancing market accessibility and invigorating foldable smartphone market revenue streams. This trend is expected to define the next phase of foldable smartphone market trends.
Key Players
Samsung Electronics Co., Ltd.
Huawei Technologies Co., Ltd.
Motorola Mobility (Lenovo Group)
Xiaomi Corporation
Lenovo Group Limited
Google LLC
OPPO Electronics Corp.
vivo Communication Technology Co.
OnePlus Technology Co.
TCL Communication Ltd.
Honor Device Co.
Tecno Mobile
Infinix Mobility
Microsoft Corporation (Surface Duo)
Sony Mobile Communications
Key market players accounted for a combined foldable smartphone market share exceeding 75% in 2024. In Q3 2024, Samsung collaborated with Corning Incorporated to develop next-generation ultra-thin glass (UTG), resulting in a 20% improvement in hinge durability.
Huawei launched the Mate X4 in early 2025 with an upgraded hinge mechanism, reducing screen-crease visibility by 15%. Motorola expanded its manufacturing footprint in India in 2024, boosting direct-to-consumer distribution and driving a 30% surge in regional market revenue.
FAQs
1. Who are the dominant players in the foldable smartphone market?
Samsung Electronics Co., Ltd. and Huawei Technologies Co., Ltd. lead in shipments and innovation, followed by Motorola Mobility and Xiaomi.
2. What will be the size of the foldable smartphone market in the coming years?
The foldable smartphone market is projected to grow from USD 28.67 Bn in 2025 to USD 102.7 Bn by 2032 at a 20% CAGR.
3. Which end-user segment has the largest growth opportunity?
The consumer electronics segment holds the largest share due to early adopters, while enterprise applications are the fastest-growing end-user category.
4. How will market development trends evolve over the next five years?
Continued 5G integration, hinge durability enhancements, and price reductions will drive market growth and broaden foldable adoption.
5. What is the nature of the competitive landscape and challenges in the foldable smartphone market?
The landscape is highly competitive, focused on rapid innovation and high upfront costs. Key challenges include supply chain complexity and durability issues.
6. What go-to-market strategies are commonly adopted in the foldable smartphone market?
OEMs leverage online–offline omnichannel distribution, carrier partnerships for 5G bundles, and direct-to-consumer flagship stores to accelerate adoption.
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Read more articles related to this report-
How Foldable Smartphones Are Transforming User Experience in 2025
Top Features to Look for in the Next Generation of Foldable Smartphones
The Technology behind Foldable Smartphones: What You Need to Know
About Author:
Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.
(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)