Global Foldable Phone Market to reach XXX billion by 2027.Global Foldable Phone Market is valued approximately XXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 21.3% over the forecast period 2021-2027. Foldable phone market is expected to receive a remarkable growth because the devices combine the characteristics of a large-screen tablet with the mobility of a smartphone. The rapidly increasing demand for advanced consumer electronics, coupled with high adoption in the entertainment and gaming sector serves as another driver for foldable phone market. Samsung's first foldable device offered two screens with a large 7.3' 1532x2152 (361 PPI) foldable AMOLED that folds inside, and a smaller 4.5' 840x1960 AMOLED to be used when the phone is closed. The company branded the display as the Samsung Infinity Flex Display. Apple Inc. has also patented its folding smartphone technology with a hinge heating technology to protect it from damage incurred in use over time. Vivo, Oppo, Xiaomi have also launched foldable smart phones to cope with the latest trend in the market. However, foldable phones are usually costlier than the conventional smartphones which may impede the growth of the market over the forecast period of 2021-2027. Also, growing popularity of foldable phones as a viable alternative for laptops and personal computers which is likely to increase the market growth during the forecast period.

The regional analysis of global Foldable Phone Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific to register growth during the forecast period. Factors such as rapid advancements, uniform growth due to eminent technological resources and segment costs, heavy investments, increasing focus on R&D activities will contribute towards the growth of market.

Major market player included in this report are:
Samsung
Huawei
LG
TCL
Energizer
Xiaomi
Motorola
Google
Lenovo
Apple
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Functionality Type:
Inward Fold
Outward Fold

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Foldable Phone Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors