Worldwide Used Smartphone Forecast, 2019–2023
This IDC study provides a five-year forecast of the worldwide used smartphone market and its expansion and growth by 2023. This study provides an updated market forecast, based upon changes that will impact resellers, OEMs vendors, carriers, and consumers."Despite the recent declines in the new smartphone market, as well as the forecast minimal growth we expect in the next few years, the used market for smartphones shows no signs of slowing down across all parts of the globe," says Anthony Scarsella, research manager for IDC's Mobile Phone program. "Refurbished and used devices continue to provide cost-effective alternatives to both consumers and businesses that are looking to save money when purchasing a smartphone. Moreover, the ability for vendors to push more affordable refurbished devices in markets in which they normally would not have a presence is helping these players grow their brand as well as their ecosystem of apps, services, and accessories."
Please Note: Extended description available upon request.
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