A recent IDC report predicts that more than 48 million folding smartphones will be sold by 2027, increasing its market share from the current 1.5% to 3.5% in four years.

What seemed like it could be a passing fad has become a new segment of the smartphone marketsince folding smartphones are gaining more and more prominence in the sector. Several proofs of this are the good sales figures of the Samsung Galaxy Z Fold4 and Galaxy Z Flip4 and the fact that more manufacturers are encouraged to bring out their own folding terminals as OPPO has recently done with sus Find N2 and Find N2 Flipwhich we have recently been able to analyze.

Well, everything seems to indicate that folding mobile phones will continue to gain popularity in the coming years, since a recent IDC studythe market analysis company, reveals that sales of foldable smartphones will triple by 2027.

More than 48 million units of folding terminals will be sold by 2027, according to IDC

This study carried out by IDC affirms that the sales of folding smartphones will continue to increase in the coming years, reaching their peak in the year 2027, at which time, according to this estimate, 48.1 million folding mobile units will be sold, representing a market share of 3.5%.

Global foldable phone sales, market share, and CAGR between 2022 and 2027, according to IDC

This means that in four years the sales of folding devices will triple, since We will go from 14.2 million units sold in 2022 to 48.1 million units that will be sold in 2027. Obviously, this will mean an increase in the market share of these terminals from 1.5% today to 3.5% in 2027.

Likewise, this study also affirms the compound annual growth rate of foldable mobiles (CAGR) for the period 2022-2027 It will be 27.6% compared to 2.1% of non-folding terminalswhich means that within four years there will already be more folding devices than traditional smartphones.