Samsung reports that globally nearly 16 million foldable smartphones were sold in the past year, a rise of more than 70 percent from the year before. This marks a turning point where foldables become viable alternatives to traditional devices, and the market value nears the 100 million euro mark.
The leadership at Samsung Electronics Iberia notes that the foldable segment is maturing, showing steady growth, drawing new entrants, and increasing its share of overall smartphone sales. In a market with expanding attention, foldables are more than a curiosity—they are a growing part of the mainstream mix.
All available data point to continued growth, even though initial reception four years ago was cautious due to launch prices and some usability concerns at smaller screen sizes. Current projections suggest a strong trajectory, with ongoing optimization of pricing and design. Industry research indicates substantial gains ahead, with forecasts pointing to a notable increase in foldable smartphone sales this year.
The most popular models
The Galaxy Z Flip emerged as the top seller in the foldable line, driven by its balance of features and price. It accounted for a large share of foldable smartphone sales in Spain in 2022. The Galaxy Z Fold, the flagship model, rose by a healthy margin compared to the previous year. Together, these products helped Samsung maintain a dominant position in the foldable market, with a leading market share that remains well above the competition according to the company’s data.