Foldable phones to remain a niche product through next five years
10 April, 2019
Companies including Samsung and Huawei may be rushing to push out their foldable phones. However, a perfect model to be adopted by the masses is still a distant dream, according to analysts.
Research firm Gartner estimates that worldwide shipment of devices including PCs, tablets, and mobile phones, will reach 2.21 billion units in 2019, exhibiting a flat year-over-year growth. The mobile market is expected to return to growth in 2020.
However, foldable phones will hit 30 million units only by 2023, accounting for a meagre 5 per cent of the high-end phone market.
Gartner analysts expect that foldable phones will re-inject innovation in the market, but they will remain a niche product through the next five years owing to several manufacturing challenges.
The current foldable phones, priced at USD 2,000, present a lot of trade-offs even for early adopters.
To make them a success, manufacturers will need to place usability at the core of the product and ensure seamless user experience across all foldable screens.
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