Foldable Phone Sales Surge 150% in 2024

Foldable Phone Sales Surge 150% in 2024

Foldable smartphone sales have experienced unprecedented growth in 2024, with a 150% increase compared to the previous year, driven by improved durability and competitive pricing.

Market Drivers Samsung Galaxy Z Fold 5 and Z Flip 5 popularity Google Pixel Fold gaining traction Reduced prices making foldables more accessible Improved software optimization for foldable displays

Industry experts predict foldable phones will capture 10% of the premium smartphone market by 2025.