Shulou(Shulou.com)11/24 Report--

Thank CTOnews.com netizens soft media Xinyou 1933769 for the clue delivery! CTOnews.com, July 21, according to the latest white paper released by market research firm Counterpoint Research, global smartphone sales declined overall in 2022, but the introduction of high-end folding phones achieved rapid growth. It is estimated that global shipments of foldable smartphones will grow at a six-year compound annual growth rate of 114% from 2019 to 2025.

The white paper affirms the important role of Chinese mobile phone manufacturers, saying that Chinese brands with a mature supply ecosystem, strong partnerships with Chinese Internet companies and active product supply, it has become the world's largest collapsible smartphone market, accounting for 26% of the market in 2022.

The report also points out that while consolidating the domestic market, Chinese mobile phone manufacturers continue to expand their market share of foldable mobile phones in overseas markets.

The report says foldable smartphones have been developed for several generations since their launch in 2019. From the exploratory phase of the first generation to the second generation, the focus has shifted to improving the practicability of foldable devices for daily use.

The current foldable model has been greatly improved to challenge the tablet flagship model. The agency expects the next generation of foldable phones to surpass traditional flagships in overall performance and provide users with an unprecedented experience.

CTOnews.com is attached with the address of the foldable mobile phone white paper, which can be read in depth by interested users.

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