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Future of the Foldable Smartphones Market: Key Drivers and Projections | 2025–2029

9 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Foldable Smartphones Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Is the Projected Market Size of the Foldable Smartphones Industry in 2024 and 2025?

The foldable smartphones market has experienced notable expansion. The market, worth $25.1 billion in 2024, is projected to reach $30.04 billion in 2025, growing at a compound annual growth rate (CAGR) of 19.7%.

What Is the Projected Market Size of the Foldable Smartphones Market in 2029?

The market size for foldable smartphones is projected to reach $63.8 billion in 2029. The compound annual growth rate (CAGR) during this period is forecasted to be 20.7%.

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What Are the Key Drivers of Foldable Smartphones Market Growth?

The key drivers in the foldable smartphones market are:

• Rising popularity of mobile gaming due to improved technological advancements
• Enhancement of gaming experience through immersive screen display of foldable smartphones
• Increased accessibility and convenience of on-the-go gaming experiences
• Affordable data plans and widespread smartphone accessibility promoting mobile gaming

What Are the Primary Segmentation Categories in the Foldable Smartphones Market?

The foldable smartphonesmarket covered in this report is segmented –
1) By Type: Inward Fold, Outward Fold
2) By Operating Type: Android, iPhone Operating System (iOS), Other Operating Types
3) By Random Access Memory (RAM): 16GB, 12GB, 8GB
4) By Sales Channel: Online, Offline

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What Are the Major Trends Shaping the Foldable Smartphones Market in 2025 and Beyond?

The key trends in the foldable smartphones market are:

• Innovative hinge technology and multi-fold designs like the tri-fold are emerging trends in the foldable smartphones market.
• The development of larger displays packed in compact devices is another notable trend.
• A focus on enhancing gadget durability is also increasingly shaping the future of this market.
• Efforts to achieve seamless operation of foldable phones products is a significant ongoing trend.

Who Are the Emerging Players in the Foldable Smartphones Market?

Major players in the foldable smartphones market are:

• Samsung Electronics Co. Ltd.
• Microsoft Corporation
• Huawei Technologies Co. Ltd.
• Sony Corporation
• Lenovo Group
• HP Inc.
• Vivo Communication Technology Co. Ltd.
• Xiaomi Corporation
• OPPO Electronics Corporation
• BOE Technology Group
• TCL Technology Group Corporation
• ZTE Corporation
• Honor Device Co. Ltd.
• Schott AG
• OnePlus Technology Co. Ltd.
• Meizu Technology Co. Ltd.
• HTC Corporation
• Royole Corporation
• Tecno Mobile Limited
• Infinix Mobile
• Tianma Microelectronics
• Visionox
• Nubia Technology Co. Ltd.
• Realme Technology

Which Regions Are Leading the Growth in the Global Foldable Smartphones Market?

Asia-Pacific was the largest region in the foldable smartphones market in 2024

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