It is estimated that the annual shipment of foldable mobile phones will reach 30 million units in 2024 From Canalys
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Canalys’ latest report has some bold predictions for the foldable smartphone market in the near future. Early forecasts indicate that annual shipments of foldable handsets will reach 30 million units in 2024, meaning a compound annual growth rate (CAGR) of 53% from 2021 to 2024.
Meanwhile, canalys predicts that the average selling price (ASP) of foldable phones will halve from the value in 2019 to about $1000 by 2024.
In 2021, the annual growth rate in the field of foldable equipment was 148%, and the total shipment volume in 2021 is expected to be 8.9 million units.
As a comparison, the general smartphone market increased by 7 percentage points in the same period. Compared with the value in 2019, shipments of advanced Android phones have decreased by 18%, so Android manufacturers are trying to increase demand with new foldable products in order to better compete with apple, which has increased by 68% in the same period.
From cnBeta Com read more: strategy Analytics: it is expected that the foldable mobile phone may still be a niche luxury in 2024. Canalys: in 2020, the number of smartphone sales in Q1 India surpassed that of Samsung canalys: in 2021, the shipment of smartphone in India reached 162 million, with a year-on-year increase of 12%. Canalys: in 2021, the shipment of Q4 Apple smartphone accounted for 22% of the global total. Canalys: Q3 global smartphone in 2021 Shipments of smartphones reached 326 million units, up 3% month on month. Canalys: in 2021, Q3 India shipped 47.5 million mobile phones, down 5% year on year. Canalys: from July to September 2021, global smartphone shipments fell 6% year on year. Canalys: in 2021, Q2, India shipped 32.4 million smart phones, down 13% month on month. Canalys: in 2020, Huawei’s share of the global smartphone market rose to the first. Canalys: 5g smart phones are expected in 2020 Canalys: Apple sold 15 million iPhones in the United States in Q2 2020. Canalys: in Q2 European smartphone market report, Xiaomi surpassed Huawei to rank third. Canalys: in Q2 2020, the global smartphone shipment was 285 million, down 14% year-on-year. Canalys: in Q2 2020, Huawei shipped 40.2 million iPhones in China’s smartphone market, and the market share rose to 44% Ys: Top 10 global smartphone sales in Q1 2020
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