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Foldable smartphones to reach 10% of all devices by 2030

10 March 2022

Devices with foldable screens are forecast to reach nearly 10% of all smartphone sales by 2030, according to new data from ABI Research.

Foldable smartphones are devices that unfold to become a larger screen almost tablet sized for viewing of content such as videos and streaming services or video conferences. The market has been previously hindered by inadequate technology implementations resulting in poor user interfaces, ABI said.

"However, with these problems now mostly resolved, the addition of more innovative designs, such as fold-to-compact models, folding form factor with its enhanced functionality, and evolution in device experiences, will see an increase in popularity, despite still having relatively high price points,” said David McQueen, research director at ABI Research. “Consequently, a significant change in market availability and breakthrough of many more flexible screened devices is expected in 2022."

The data is part of ABI Research’s “38 Technology Stats You Need to Know for 2022” white paper that highlights trending tech topics happening this year such as the explosion of edge artificial intelligence adoption, smart manufacturing platforms, metaverse applications, cybersecurity and always-on 5G portable devices.

Wearables

The wearables market is forecast to continue to be dominated by smartwatches with shipments reaching 236.6 million by 2026 with a compound annual growth rate (CAGR) of 19.7%.

While 5G connections and infrastructure continues to grow, many wearables will not become completely self-connected and will be tethered to a smartphone or hub. In fact, ABI said the 5G attach rate for wearables and accessories will remain at about 0.6% and will mainly be related to smartwatches and headsets.

Wireless headsets

Meanwhile, wireless headset shipments are forecast to reach 723 million units shipped by 2026. These shipments reached about 502 million at the end of 2021 and steady growth in the market will help reach this shipment mark, ABI said.

This growth is being enabled by new features such as noise cancellation, improved user interfaces and voice control for hands-free operation.

To contact the author of this article, email PBrown@globalspec.com


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