> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# The global foldable smartphone market to grow 73% to 16 million units by 2022
- URL: https://www.techloy.com/the-global-foldable-smartphone-market-to-grow-73-to-16-million-units-by-2022/
- Published: 2022-08-10T13:16:03.000Z
- Updated: 2024-08-13T15:20:25.000Z
- Author: Techloy
- Tags: Mobile, Samsung, Foldables

As foldable smartphones continue to be the fastest growing smartphone product category this year, *Counterpoint Research* projects that the global foldable smartphone market will grow 73% this year from 9 million units last year to 16 million units by the end of 2022.

During the first half of 2022, Samsung enjoyed a dominant market share of foldables, accounting for 62% of the market according to *Counterpoint*, while Huawei (16%) and OPPO (3%) came in a distant second and third.

As Samsung launches the new Galaxy Fold 4 and Flip 4 combo at its Unpacked 2022 event today, it is expected that the technology giant will continue its momentum in the space and sell close to 9 million units this year, thus helping the company’s second half of 2022 foldable smartphone market share to jump to 80%, according to Senior Research Analyst, Jene Park.

The strong growth defies current economic headwinds as the premium market shows resilience and steady demand. And as such, *Counterpoint* forecasts strong growth through next year too, with the global foldable smartphones market expected to grow to 26 million units in 2023.