IDC reports that the overall foldable smartphone market is a high-growth segment expected to significantly outperform the traditional smartphone market through 2029. The market is forecast for exponential growth, with 2026 anticipated as a "turning point" for mainstream adoption due to key manufacturer entries and innovation.
The worldwide foldable smartphone shipments are projected to grow by an impressive 30% year-over-year in 2026, a substantial jump from the 10% growth forecast for 2025 (reaching 20.6 million units).
The segment's compound annual growth rate (CAGR) is expected to remain around 17% through 2029, while the standard smartphone market is forecast to grow at less than one percent over the same period.
The primary catalysts for this accelerated growth are anticipated by the
launch of Apple's first foldable iPhone, expected in late 2026, which IDC analysts believe will significantly boost consumer awareness and interest.
New Form Factors -- The introduction and commercialization of advanced designs, such as tri-fold devices like the Samsung Galaxy Z TriFold and Huawei's Mate XT. With the enhanced durability, reduced device thickness and weight, and better hinge technology are gradually addressing historical consumer concerns.
While foldables will remain a niche segment in terms of volume (expected to cross 10% of total smartphone market value by 2029, but a much smaller share by units), their significantly higher average selling prices (around three times that of standard smartphones) make them a crucial revenue driver for brands.
Samsung and Huawei currently lead the market. However, Apple's entry is expected to create a three-way competitive battle, with IDC forecasting Apple could capture 22% of the global foldable unit market share and a substantial 34% of its total value in its first year.
For official reports and detailed data, users can visit the IDC website.
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