India Foldable Phone Shipments to Cross 3 Million

India's foldable smartphone shipments are expected to exceed 3 million by 2026, led by Samsung, says Counterpoint.

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IANS Verified Media or Organization • 30 Jun, 2026Agency
July 21, 2026 • 7:00 PM
Last Edited By:Raaisha Upadhyay (3 months ago)
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India Foldable Phone Shipments to Cross 3 Million
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India Foldable Phone Shipments to Cross 3 Million
India Foldable Phone Shipments to Cross 3 Million


New Delhi, July 21 (IANS) India's foldable smartphone market is expected to cross 3 million cumulative shipments by the end of 2026, growing at a compound annual growth rate (CAGR) of nearly 80 per cent between 2019 and 2026, according to a report released on Tuesday. 

According to Counterpoint Research, foldable smartphone shipments are projected to grow around 8 per cent year-on-year in 2026, outperforming the broader smartphone market despite rising device prices and weaker overall demand.

Increasing prices of key components such as DRAM and NAND flash memory continue to push smartphone prices higher, it added.

IANS

IANS Verified Media or Organization • 30 Jun, 2026Agency

Indo-Asian News Service or IANS is a private Indian news agency

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