Foldable smartphones in Europe - Sales are slowly but surely stabilizing

Foldable smartphones, although still a niche product, seem to have reached a certain level of stabilization in the European market. According to the latest data, the growth of this segment for the first quarter is only 4%, representing only 1.5% of total smartphone sales.

The market leader remains Samsung, although the company's market share has fallen from 56% to 41% in a year. In second place is Motorola, whose share has increased from 10% to 15%, and sales - by as much as 58%. Followed by Honor with a 13% share, but a 23% drop in sales, Google with an 8% share and a 265% increase, Xiaomi with 8%, although it was not among the leaders a year ago, Tecno also with 8%, but with an impressive 336% growth, and Oppo - with a 4% market share.

Despite the moderate growth, the interest of European consumers in new brands and form factors remains alive. But it seems that the excitement around foldable smartphones is beginning to subside - at least in the mature European market.