According to data from the latest report by research firm Omdia, Samsung sold no less than 4.6 million Galaxy Z Flip 3 in 2021. This represents 52% market share in foldable smartphones, a record for the South Korean brand.
Since the launch of the Galaxy Fold in 2020, foldable smartphones have become increasingly popular with users. Of course, Samsung stays one step ahead of its competitors. The Seoul firm is already in its third generation, embodied by the Galaxy Z Flip 3 and Z Fold 3.
According to data from research firm Omdia’s latest report, foldable smartphone shipments have seen exceptional growth of 309% year-on-year in 2021, with no less than 9 million units sold. Moreover, 90% of shipments were made in the second half of 2021. That is during the launch period of the Galaxy Z Flip 3 and Z Fold 3.
Also read: Galaxy Z Fold 4 – the foldable smartphone would have an integrated S Pen stylus like the Galaxy S22
Samsung dominates the foldable smartphone market
This is obviously no coincidence. Samsung has sold no less than 4.6 million Galaxy Z Flip 3, which represents more than half (52%) of the entire market. That’s more than all the other foldable devices combined. As for the Galaxy Z Fold 3, the manufacturer has sold 2.5 million copies. On the 3rd step is Huawei’s Mate X2, with 600,000 units sold.
In 2021, Oppo and Xiaomi also entered the foldable smartphone market. Oppo launched the Find N in December 2021 while Xiaomi launched into this particular segment in March 2021 with the Mi Mix Fold, the cheapest foldable device on the market with a selling price set at around 1300 € in China. Unfortunately, the manufacturer has made the decision not to offer the Mi Mix Fold outside of Chinese borders. Huawei also tried to impose itself with the P50 Pocket, a foldable smartphone with multiple qualities as we recognized in our grip.
Still according to Omdia, global foldable smartphone shipments could increase by 55% in 2022 to reach 14 million units. The market should also experience regular growth over the next five years, to exceed a total volume of 61 million units sold by 2026. Or 3.6% of the global smartphone market. In the eyes of the firm, however, it will be more complicated for Samsung to maintain its leadership in the years to come with the arrival of many competitors in this segment such as Honor, Vivo, Google or Motorola.
Source: Omdia via Android Headlines
