According to Samsung Electronics, the number of Samsung Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use has more than doubled year on year. From January to October 2022, the number of foldable smartphones that Samsung contracted to enterprise customers increased by 105 percent compared to last year’s same period data.
As organizations shift towards the work-from-anywhere model, they are looking to technology devices for new ways to maximize productivity. Foldable smartphones have especially attracted the financial services industry, where 74% of a sample group of financial advisors say staying connected via mobile is important or critical.
The Galaxy Z Fold4 – Samsung’s fourth-generation foldable smartphone is multi-tasking. The Galaxy Z Fold4’s wide screen offers a bigger working area. The vast display is also a natural fit for working with Multi Windows open.
In the current market, competition is fierce, especially in the financial services sector. Professionals need the best tools to help them maintain consistency and routine, even while working remotely.
Their devices must support complex workflows, including alerts, research, charts, and portfolios, and give them the power and productivity advantage they need to stay competitive. Working with industry-leading partners, Samsung has enhanced Galaxy Z Fold4’s utility in unique ways, leading to broader adoption of foldable smartphones for enterprise use.
Samsung is committed to working with industry-leading partners to create new mobile experiences and collaborating more closely in the coming months to take advantage of ground-breaking technologies like foldable smartphones.
With foldable smartphone shipments predicted to reach 16 million units globally, an increase of 73% YoY – the form factor is rapidly becoming mainstream, and shipments are expected to grow to 26 million units in 2023. The ease of multitasking on the big screen and smart app optimizations drive adoption among enterprise users.