Technology
Danish Kapoor
Danish Kapoor

Apple can revive the declining market with foldable iPhone

A new report published by DSCC (Display Supply Chain Consultants) reveals the difficulties experienced in the foldable smartphone market. While foldable phones are experiencing an annual decline for the first time, this situation is expected to worsen in the future. However, despite this picture, the report points to a ray of hope: the foldable iPhone developed by Apple.

Although foldable devices are still seen as an innovative area in the technology world, for the first time there is a serious pause in the market. According to DSCC’s report, the third quarter of 2024 was the first period in which there was an annual decrease in foldable display panel supply.

It is stated that this situation is not a temporary problem, on the contrary, it is a harbinger of a long-term trend. Experts predict that the downward trend will continue throughout 2025.

The statements in DSCC’s report are as follows: “The foldable smartphone screen market, which grew at least 40 percent annually between 2019 and 2023, will grow only 5 percent in 2024 and shrink by 4 percent in 2025. Demand has stagnated at approximately 22 million panels. “Foldable smartphone display supply decreased by 38 percent year-on-year in the third quarter of 2024, and a further decline is expected in four of the next five quarters.”

This decline creates a negative picture for companies investing in foldable devices. However, Apple’s approach in this area may have a different impact. The company’s foldable iPhone model, which has been rumored for a long time, may bring new momentum to the market. Apple’s expertise in design and software integration can reshape the consumer perception of these devices.

The first foldable iPhone could be released in 2026

Although foldable devices represent technological innovations, high price tags and some deficiencies in user experience make it difficult for these products to reach large audiences. If the foldable iPhone that Apple will launch can offer a solution to these problems, it can help overcome the general stagnation in the industry.

Apple’s foldable device move could be an important opportunity not only for the future of this technology, but also for the company to increase its market share. Now all eyes are on the date when Apple will take its first step in this field. Current information points to 2026 for this device.

Danish Kapoor