In a report released today, TrendForce says that with strong demand for the iPhone Duo out of the gate, Apple is poised to capture nearly 30% of the global foldable smartphone market by 2027. Here are the details.

One day after Apple announced the iPhone Duo last month, TrendForce published a report predicting that the company would ship 5 million units of its first foldable iPhone by the end of 2026, capturing 24.8% of the segment.

At the time, TrendForce expected the overall foldable smartphone market to grow by just 0.5% in 2026, with shipments from Android brands alone falling by more than 20% year over year.

By contrast, TrendForce expected the market to reach 23.5 million shipments in 2027, a 16.3% increase.…