Why I Am On The Fence About Foldable Smartphones [Forbes]
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Source: Forbes
One of the more interesting smartphone developments has been foldable models, which began appearing about six years ago. The Royale FlexPai was the first foldable, introduced in October 2018. However, Samsung's Galaxy Fold jumpstarted the foldable smartphone market in February 2019. Since then, over a dozen folding smartphones have been launched. However, the market for foldable phones is still developing. It has potential, but the makers of foldable phones had hoped for something else. According to Statista , 1.2 billion smartphones will be sold in 2024. However, only about 25 million foldables will be sold in the same year. A new YouGov Survey sheds some light on the potential of the foldable smartphone market and the reasons they have only had mild success. Key Findings from this survey: High Interest Among Young Adults: -83% of Americans aged 18-29 and 76% of those aged 30-44 are interested in foldable smartphones. -Overall, 59% of smartphone owners are intrigued by
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