Foldable Phones Face Decline, Apple's Entry Offers Hope
The foldable smartphone market has experienced its first year-over-year decline, with panel procurements dropping 38% in Q3 2024. Experts predict further decline in 2025, signaling challenges for manufacturers invested in this technology. Entry-level smartphones continue to dominate the market.
Apple's Foldable iPhone: A Potential Turning Point
Despite the downturn, optimism remains due to Apple's anticipated foldable iPhone, expected in late 2026. This launch is projected to revitalize the foldable market, potentially leading to record sales. Apple's influence in the flagship smartphone segment could drive significant growth, influenced by improvements in design, functionality, and durability. This positive outlook extends to 2027 and 2028, with projected growth exceeding 20%. Find out more about Apple and other Cyber Monday Apple deals.
Challenges and Uncertainties
While Apple's entry is promising, relying solely on one company to revive an entire market segment is risky. The existing decline suggests deeper issues that Apple alone may not resolve. The impact of the foldable iPhone on competitors' fortunes remains uncertain. Check out the latest Xiaomi product launches for alternatives.