Foldable Smartphones Market Share in India to Quadruple by 2025: Counterpoint Research

The report said clamshell smartphones among the foldable designs are particularly favoured by female users.

By Press Trust of India | Updated: 29 July 2023 11:57 IST

Foldable Smartphones Market Share in India to Quadruple by 2025: Counterpoint Research

Photo Credit: Samsung

Samsung Galaxy Z Fold 5 and Galaxy Z Flip 5 (pictured) were unveiled on Wednesday

Highlights

India's Foldable Smartphone accounts for only about 1 percent of mobiles
Entry of more firms into the foldable space will invigorate the market
Samsung Z Fold 5, Flip 5 being produced in India, is fuelling the growth

Foldable smartphones market share in the ultra-premium segment, priced above Rs. 45,000 apiece, is expected to grow more than four times to 35 percent in India, Counterpoint Research said on Friday.

Foldable smartphones market share in the first half of 2023 stood at about 8 percent, the market research firm said.

"In 2023 (till June), Foldables constituted 8 per cent of ultra-premium (over Rs. 45,000) Android smartphone shipments, a number projected to surge to 35 percent by the end of 2025," Counterpoint Research said in a report.

Samsung Galaxy Z Fold 5, Galaxy Z Flip 5 Price in India Revealed: See Here

According to the research firm's estimate India's Foldable Smartphone accounts for only about 1 percent of the overall mobile market in India.

The report said clamshell smartphones among the foldable designs are particularly favoured by female users, accounting for 82 percent of total foldable shipments in the first half of 2023 due to their affordability.

"Localisation of manufacturing, exemplified by flagship devices like Samsung Z Fold 5 and Flip 5 being produced in India, is fuelling the market's growth," Counterpoint said.

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The market research firm estimates that the anticipated entry of more mobile phone makers into the foldable space will further invigorate the market.

Notably, Korean smart devices major Samsung will manufacture its premium flagship devices Galaxy Z Fold 5 and Galaxy Z Flip 5 in India to meet local requirements, a senior company official said on Thursday. Samsung plans to launch the most expensive and high-end devices from its stable in India on August 18 and the pre-booking with offers will start at midnight of July 27.

"Both Galaxy Z Fold 5 and Galaxy Z Flip 5 will be manufactured at India factory in Noida," Samsung SouthWest Asia President and CEO J B Park said.

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According to market research and analysis firm Techarc estimates, foldable (including flip) smartphones will contribute over 1.8 percent of the total smartphone revenues for 2023. The estimate implies over 6.35 lakh foldable smartphones will be sold in India during the year which will be less than 0.5 percent of the total sales by volume estimated for the period.

Samsung launched the Galaxy Z Fold 5 and Galaxy Z Flip 5 alongside the Galaxy Tab S9 series and Galaxy Watch 6 series at its first Galaxy Unpacked event in South Korea. We discuss the company's new devices and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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Samsung Galaxy Z Fold 5

REVIEW
KEY SPECS
NEWS

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Very good build quality, IPX8 rated
Well-optimised software
Very good system and gaming performance
All-day battery life
Reliable cameras

Bad
Expensive
Still feels bulky

Read detailed Samsung Galaxy Z Fold 5 review

Display (Primary) 7.60-inch

Processor Snapdragon 8 Gen 2

Front Camera 10-megapixel + 4-megapixel

Rear Camera 50-megapixel + 12-megapixel + 10-megapixel

RAM 12GB

Storage 256GB, 512GB, 1TB

Battery Capacity 4400mAh

OS Android 13

Resolution 2176x1812 pixels

More Samsung mobiles Samsung mobiles price in India

Samsung Galaxy Z Flip 5

REVIEW
KEY SPECS
NEWS

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Vibrant displays, folding display is durable
Compact design when folded
Top-tier performance
Fast wireless charging for a foldable
Water-resistant design
Good quality primary camera

Bad
Cover screen functionality is limited
Battery barely lasts a day
Relatively slow wired charging
No macro camera

Read detailed Samsung Galaxy Z Flip 5 review

Display (Primary) 6.70-inch

Processor Snapdragon 8 Gen 2

Front Camera 10-megapixel

Rear Camera 12-megapixel + 12-megapixel + 10-megapixel

RAM 8GB

Storage 256GB, 512GB

Battery Capacity 3700mAh

OS Android 13

More Samsung mobiles Samsung mobiles price in India

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