Apple Inc. (NASDAQ:AAPL) reported plans to launch a foldable iPhone in 2026 could breathe new life into the foldable smartphone market, which has been experiencing waning consumer interest.
What Happened: Display analyst Ross Young has indicated that Apple aims to enter the foldable market in the latter half of 2026. This strategic move could significantly boost the market, with projections of a record-breaking year.
Young anticipates a growth of over 30% in the foldable market in 2026, followed by a 20% growth in 2027 and 2028.
See Also: Apple Faces Lawsuit Over Alleged Snooping On Employees’ iPhones And Other Devices
Speculation has been rife about Apple’s foldable iPhone, with analysts predicting a launch around September 2026. The device is expected to feature a size range between 7.9 and 8.3 inches, adopting a “clamshell” design akin to Samsung’s Galaxy Z Flip.
This approach would allow the iPhone to fold vertically, offering a full-size device when opened and a compact form when closed.
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Meanwhile, the global smartphone market is poised for a rebound. According to International Data Corporation, global smartphone shipments are expected to rise by 6.2% year-over-year in 2024, reaching 1.24 billion units.
This growth follows two years of decline, driven by pent-up demand for device upgrades. However, growth is expected to slow to low single digits from 2025 onward.
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