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Infographic: Global Refurbished Smartphone Market | 2021
Overview:
- The global refurbished smartphone market grew 15% YoY in 2021. The LATAM and India markets registered the highest growth.
- All ecosystem players focused on increasing supply to meet demand.
- Apple led with more than 40% share in the global market. Samsung was a distant second but growing in volume.
- Chinese brands saw a growth spurt in select markets like China and India.
- Refurbished models are increasingly being sold through carriers in mature markets. However, retail channels are growing in most key countries.
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Summary
Published
May 5, 2022
Author
Team Counterpoint
Counterpoint research is a young and fast growing research firm covering analysis of the tech industry. Coverage areas are connected devices, digital consumer goods, software & applications and other adjacent topics. We provide syndicated research reports as well as tailored. Our seminars and workshops for companies and institutions are popular and available on demand. Consulting and customized work on the above topics is provided for high precision projects.
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