Science

Sales of foldable smartphones are on the rise

18:57 31.03.2023 Science

Sales of foldable devices are up 75 percent in 2022. This is reported by the publication 9to5Google.

Media journalists referred to IDC information, according to which 14 million foldable devices were sold on the market in 2022. According to analysts, such gadgets have become cheaper, which is why the segment has grown by 75 percent. The report says that in 2023, the market for foldable phones will continue to grow, while sales of conventional smartphones will decline.

Despite the popularity of folding display devices, they accounted for only one percent of the smartphone market in 2022. It is expected that in 2027 the share of foldable devices will be 3.5 percent, with up to 48 million units sold.

"The foldable phone market ended slightly higher than previously forecast as consumers begin to embrace the new form factor," IDC analysts concluded.

In early March, the explosive growth of the foldable smartphone segment was predicted by Canalys analysts. In particular, the researchers said that in 2023 market leader Samsung will sell a record number of devices - 15 million units.

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