UBI Research estimates that shipments of small-sizes (under 10-inch) AMOLED displays reached 746 million in 2021, up 34.4% from 2020 (555 million units). UBI says the market was driven by increased Apple iPhone sales and increased adoption of foldable OLED panels.

Small-size OLED display shipments estaimtes (2011-2021, UBI Research)

In terms of revenues, the market increased by 43.9% from $26.5 billion in 2020 to $38.1 billion in 2021.

UBI says that in 2021, over 10 million foldable OLED phones shipped, and the company predicts this to grow to over 100 million units by 2026.

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