The foldable smartphone market has dominated this year.Samsung is a leader in the market of foldable smartphones, which has had an excellent quarter, with an increase that will give even more confidence in this regard..
Users are willing to buy foldable smartphones, if the price too high decreases indicates the results of the third quarter of the year.
As a reference, in the third quarter, 2.6 million foldable smartphones were delivered, according to DSCC.Compared to the same period last year, the growth is 480%, and to the previous quarter the market increased by 215%.
The market of foldable smartphones led by Samsung
Samsung is the brand of mobile phones that dominate the foldable smartphones market.He owns 93% of the market.According to analysts, Samsung has managed to grow in the last quarter first of all due to reducing prices and carrying out advantageous programs to replace old models.
For example, Galaxy Z Flip 3, which costs a thousand euros, is the most popular foldable smartphone model.It has a share of 60% of the market.As an idea, Samsung Galaxy Z Fold 3 costs twice as much as Samsung Galaxy S21 of 2020.However, this is generally expected for any device that combines the portability of an ordinary phone with the benefits of conducting interior displays with tablets.
On the second place, but at a great distance from Samsung, Huawei is located.The brand holds 6% of a market that Apple has not yet entered.Here we can remember Huawei Mate XS, which is a good folding phone, but without all the Android experience.Huawei Mate XS is Huawei Mate X's successor and is an update in several ways, resulting in a more durable device, which still has the same excellent basic design as Mate X Original.
Unfortunately it does not come with Google applications and services-which means that Android 10 experience will not get Google upgrades and improvements, nor does the device have access to standbys like Google Maps.
DSCC estimates that the market will grow at a similar and last quarter of the year, when 3.8 million units are expected to be delivered.