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Smartphones with foldable, flexible or rollable displays will start gaining traction

8 million smartphones with the technology are expected to ship in 2020 – and will grow to 228 Million in 2028

Smartphones with foldable, flexible or rollable displays will start gaining traction. Source: samsung.com

Smartphones, tablets, and wearables are all expected to see some form of foldable, flexible, or rollable screen technology over the coming years, as vendors try to shake up the markets and stimulate replacement cycles. This is despite ongoing issues with several foldable smartphones that were set to enter the market this year.?ABI Research, forecasts that shipments of smartphones with a foldable, flexible, or rollable display will start gaining traction in 2020 and grow to hit 228 million in 2028. In fact, the number of total devices with the technology will increase from 1.8 million in 2019 to 240 million in 2028, at a CAGR of 72%.

Device vendors are continually looking to update their devices with newer technologies to spur growth in shipment numbers. Foldable, flexible, and rollable displays are being added as a new form factor that will allow vendors to offer larger-screened devices with a smaller, more convenient form factor; a feature which will likely be popular with consumers
Stephanie Tomsett, Research Analyst at ABI Research

Flexible, foldable, and rollable screen technology is making its first steps into the market, although a great deal of technology and hardware innovation needs to be perfected to provide a seamless and intuitive user experience. Several folding smartphone models, notably the Samsung Galaxy Fold and the Huawei Mate X, have been delayed due to issues with the technology. However, once resolved, it is expected that the form factor will increase in popularity despite relatively high price points. Several vendors including Apple, Samsung, Royole, and Motorola, have patents in place for a variety of flexible technologies, including smartphones with rollable screens, all with the hope that these new form factors will become popular and increase replacement rates. Smartphone market penetration rates are expected to increase to 228 million shipments by 2028, although high Average Selling Prices (ASPs) will limit initial growth.

Only a limited number of tablets will have a foldable, flexible, or rollable display, allowing the devices to fold into a smaller form factor without losing key features. Compared to smartphones, few tablets will have this form factor at least through 2022.? While foldable tablets will still see modest growth, vendors won’t focus the technology on tablets until it proves successful in smartphones, with the real uptick starting in 2024 that will grow to 7 million shipments of tablets with foldable/flexible displays in 2028.

Wearables with a foldable or flexible display will be significantly limited, as it is not a form factor that lends itself to the technology in most cases. As Nubia has shown with its Alpha smartwatch, there is limited scope for wearable devices with a larger, flexible screen. It is unlikely that many other vendors will explore the technology, especially since wearables, as standard, have small screens that do not require folding or flexing. Less than 5 million wearable units with some type of foldable/flexible display will ship by 2028.

SEE ALSO:?Smartphones of the future: top cutting-edge features

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