Foldable Smartphone Market - Growth, Trends, COVID-19 Impact, and Forecasts (202Posted by Statzy Market Research on May 20th, 2021 Foldable phones are set at the forefront of smartphone technology to be commercialized by the end of the year 2019. Combining the attributes of a large-screen tab with the portability of smartphones is expected to attract the customer base. New entrants, such as Samsung and Huawei will set the trend of this new technology. - The surging demand for phablet has played a significant role in the demand for foldable displays across the emerging economies especially across the APAC region. - The high levels of manufacturing complexities along with the high price tag are affecting large-scale market adoption of foldable smartphones. For sample report please visit : https://www.statzyreports.com/report/sr498671/foldable-smartphone-market - The increased awareness among consumers regarding the latest trend in smartphone technologies across developed economies is fueling the demand for such product where the evolving business strategies of manufacturers providing innovative offerings of foldable design is boosting the market growth. - The smartphone makers are experimenting with different form factors for their foldable smartphones. For instance, it can be seen in Motorola Razr (2019), Samsung Galaxy Fold, as each of these phones looks different from others but prefer front-to-front fold (inward fold) display technology. - The APAC market is undergoing uniform growth due to eminent technological resources & segment costs along with huge initial investments required for product enhancement. However, the leading firms are anticipated to launch their products over the forecast years and revolutionize the smartphone industry across the emerging economies. - Further, there is an increasing focus on R&D activities along with the ongoing technological development trends among several component suppliers and product developers including some of the prominent firms among Samsung Electronics, LG Display, Royole Corporation, BOE, Semiconductor Energy Laboratory, and Tianma. Prominent companies over the APAC region. These are working on developing integrated display technology and are competing to introduce this technology thereby supporting the growth of the market during the forecast period. - May 2019 - Royole Corporation had collaboration with Louis Vuitton, to worked together on the world's first fashion handbags to feature fully flexible displays and sensors. Louis Vuitton's appropriately named "Canvas of the Future" range includes three iconic leather bags featuring Royole's patented flexible displays and flexible sensors, so users can show custom images and videos as well as controlling the displays using the flexible touchscreen interface. For sample report please visit : https://www.statzyreports.com/report/sr498671/foldable-smartphone-market Like it? Share it!More by this author |