Foldable smartphones likely to grow 52% annually by 2026: CMR

New Delhi: Affordable foldable smartphones in the Rs 60,000-75,000 price range will account for 10% of the overall foldable smartphone market, according to a research firm.

By 2026, affordable foldable smartphones are anticipated to grow at 52%, compounded annually, said Cybermedia Research. The growth will be driven by increasing technology maturity, market acceptance
and strong competition amongst smartphone OEMs seeking to establish an ‘early mover’ advantage.