Global foldable phones market to hit 48 mn units at worth $42 bn

New Delhi: The worldwide shipments for foldable phones are expected to reach 48.1 million units with a market value of $42 billion in 2027, a new report has said.

In 2023, the global shipments of foldable phones, including flip and fold form factors, are expected to reach 21.4 million units, representing an increase of more than 50 per cent over the 14.2 million units shipped in 2022, according to International Data Corporation (IDC).