Jakarta (ANTARA) – Samsung Electronics Co. is expected to dominate the foldable phone market this year, amounting to 88 percent.
Launching Yonhap on Friday, Counterpoint Research said that the global foldable smartphone market is predicted to triple from the previous year, reaching 9 million units in 2021 and 88 percent of them are Samsung.
Also read: Samsung Galaxy Z Fold 3 rumored to come with 25W charger
“We estimate delivery smartphone Samsung’s foldable by 2021 will grow significantly, driven by design improvements and hardware, and competitive prices,” said a Counterpoint Research representative.
Counterpoint Research also forecasts the market smartphone worldwide in 2023 to be 10 times greater than in 2020.
In fact, if more manufacturers enter the market, including Apple, Samsung is expected to still maintain its main player status with 75 percent market share.
Currently, Samsung is also scheduled to introduce smartphone the new foldable, namely the Galaxy Z Fold3 and Galaxy Z Flip3. Samsung hinted that smartphone The upcoming fold has the ability multitasking extra ordinary.
“With a significant price drop, improved design and appearance, Samsung is likely to target younger customers with smartphone The new foldable flip,” said Park Jin-suk, senior analyst at Strategy Analytics.
“The new Galaxy Z model will be accompanied by the S Pen as well, which can help attract Note users,” he added.
In plans to make foldable phones mainstream, Park also said it would target the Chinese market.
Regarding the US market, Counterpoint Research said smartphone Samsung’s foldable should be launched at a lower price to attract consumers.
“Samsung’s more affordable foldable smartphones may appeal to some users, especially those who have previously purchased a ‘plus’ or ‘ultra’ sized Note or S series model,” they said.
Also read: Huawei introduces new generation foldable phone Mate X2
Also read: Apple has two foldable iPhone design prototypes
Also read: Xiaomi is working on three folding screen phones, launching in 2021
Translator: Suci Nurhaliza
Editor: Ida Nurcahyani
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