The foldable phone market continues to skyrocket, with more than 7 million flip and fold units sold in 2021 alone.
That’s an increase of over 260% from the 1.9 million models shipped in 2020, according to a new report from telecom market intelligence firm International Data Corporation, which projects that around 27.6 million flip phones will be sold in 2025 at a total estimated market value of $29 billion.
By 2025, fold and flip phone market share could more than triple, according to IDC, representing 1.7% of all mobile phones.
