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Analysts Believe Companies Could Ship 100 Million Foldable Phones By 2025

Are foldable phones the next big thing in smartphone design? Will foldable phones represent the new standard of smartphones moving forwards? That’s hard to say, but it seems over at Strategy Analytics, the company’s analysts are pretty optimistic about foldable phones, especially over the next five years.

They believe that through 2025, more companies including Apple are expected to hop onto the foldable bandwagon. As such, they believe that this will result in a rise in demand for such devices, where they estimate that by 2025, companies would have shipped 100 million foldable phones.

According to Ken Hyers, Director at Strategy Analytics, “Samsung was the world’s number one foldable smartphone vendor in 2019, followed by Huawei in second place. Samsung is top in Western regions, like the US, while Huawei is focusing on its home market of China. Rival brands, such as Motorola and TCL, will deliver their own new models in 2020 and look to grab a slice of the foldables pie. By 2025, every major player should have a foldables portfolio, including Apple.”

As it stands, Samsung is probably the only company to have enjoyed some measure of success with the Galaxy Fold, where it is estimated that they might have sold 500,000 units to date. Whether or not we will actually see that 100 million units shipped number by 2025 remains to be seen, but what do you think? Are foldables on track to become the next big must-have gadget?

Filed in Cellphones. Read more about Huawei, Motorola and Samsung. Source: news.strategyanalytics