The foldable smartphone category is picking up pace as more and more brands are launching foldable phones to get a piece of this pie, but it’s still Samsung’s foldables that offer the most refined experience. And while others will catch up eventually, it is the Korean conglomerate that’s the current market leader in the foldable segment, as it shipped more foldable smartphones in 2022 than all other OEMs combined.
According to a Financial Times report citing Canalys research, the foldable smartphones market recorded 14.2 million shipments worldwide in 2022, of which Samsung alone shipped more than 11 million units.
Samsung Galaxy Z Fold4 with Galaxy Z Flip4
Chinese brand Huawei came second by shipping just under two million foldables, followed by Oppo, vivo, Xiaomi, Honor, and Motorola, which shipped only 40,000 foldable smartphones.
That said, Canalys estimates the shipments of foldables in 2023 will double and reach 30 million units. And we expect the foldables market to get more interesting and competitive once more Chinese brands launch their foldable devices outside China to challenge Samsung’s dominance in this segment.
The foldable smartphone category is picking up pace as more and more brands are launching foldable phones to get a piece of this pie, but it’s still Samsung’s foldables that offer the most refined experience. And while others will catch up eventually, it is the Korean conglomerate that’s the current market leader in the foldable segment, as it shipped more foldable smartphones in 2022 than all other OEMs combined.
According to a Financial Times report citing Canalys research, the foldable smartphones market recorded 14.2 million shipments worldwide in 2022, of which Samsung alone shipped more than 11 million units.
Samsung Galaxy Z Fold4 with Galaxy Z Flip4
Chinese brand Huawei came second by shipping just under two million foldables, followed by Oppo, vivo, Xiaomi, Honor, and Motorola, which shipped only 40,000 foldable smartphones.
That said, Canalys estimates the shipments of foldables in 2023 will double and reach 30 million units. And we expect the foldables market to get more interesting and competitive once more Chinese brands launch their foldable devices outside China to challenge Samsung’s dominance in this segment.