The Missing Ingredient for Big Tech's $3T Recipe?

Big Tech doesn't build everything; they buy what's next. And only Emteq's tech offers real behavior insights for smart glasses, key to unlocking the $3T XR market. Their patented sensors track live facial muscle movements. With health-focused smart glasses in demand, only Emteq has this tech.

Apple's Foldable iPhone Could Spark Smartphone Market Revival In 2026, Says Expert

Rounak Jain
December 03, 2024

Apple Inc. (NASDAQ:AAPL) reported plans to launch a foldable iPhone in 2026 could breathe new life into the foldable smartphone market, which has been experiencing waning consumer interest.

What Happened: Display analyst Ross Young has indicated that Apple aims to enter the foldable market in the latter half of 2026. This strategic move could significantly boost the market, with projections of a record-breaking year.

Young anticipates a growth of over 30% in the foldable market in 2026, followed by a 20% growth in 2027 and 2028.

See Also: Apple Faces Lawsuit Over Alleged Snooping On Employees’ iPhones And Other Devices

Speculation has been rife about Apple’s foldable iPhone, with analysts predicting a launch around September 2026. The device is expected to feature a size range between 7.9 and 8.3 inches, adopting a “clamshell” design akin to Samsung’s Galaxy Z Flip.

This approach would allow the iPhone to fold vertically, offering a full-size device when opened and a compact form when closed.

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Why It Matters: The introduction of a foldable iPhone by Apple comes after eight generations of foldable phones from competitors like Samsung. According to a report by the Korean publication Alpha Economy, Apple has set September 2026 as the launch date for its foldable iPhone, marking a significant milestone in the company’s product lineup.

Meanwhile, the global smartphone market is poised for a rebound. According to International Data Corporation, global smartphone shipments are expected to rise by 6.2% year-over-year in 2024, reaching 1.24 billion units.

This growth follows two years of decline, driven by pent-up demand for device upgrades. However, growth is expected to slow to low single digits from 2025 onward.

To make things difficult for Apple, Chinese tech giant Huawei Technologies Co. has been ramping up efforts to challenge the iPhone maker's dominance. The Chinese smartphone maker recently launched the Mate XT, a tri-fold phone priced at $2,800, significantly higher than Apple’s iPhone 16 Pro Max.

Check out more of Benzinga's Consumer Tech coverage by following this link.

Read Next:

  • Elon Musk Agrees With Steve Jobs On The Most Important Job Of A CEO

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Unsplash

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