Foldable Phone Market Anticipates Apple's Entry
The foldable phone market, currently dominated by Samsung and Huawei, faces stagnation in 2024 and 2025, according to analyst Ross Young. Limited success from other brands like Google and OnePlus contributes to this slowdown. OnePlus's entry into foldables hasn't significantly shifted the market landscape.
Several factors contribute to this plateau, including regional demand variations and some manufacturers discontinuing clamshell models due to profitability and technical challenges. The dominance of Samsung and Huawei leaves little room for other competitors.
However, Young predicts Apple's anticipated entry into the foldable market in 2026 will revitalize the sector. Apple's influence is expected to drive significant growth, potentially reaching 30% in 2026 and continuing in subsequent years. This projection hinges on Apple's ability to innovate in form factor, functionality, and durability.
Key Takeaways
- Foldable phone market growth is expected to stall in the near future.
- Samsung and Huawei currently dominate the market.
- Apple's entry in 2026 is predicted to boost the foldable phone sector.
While Apple's involvement remains speculative, its potential impact on the foldable market is substantial. For more insights on Apple's potential impact on the market, see iPhone 18's On-Device AI. For related news on other tech companies, check out Meta's UK Lawsuit.