According to the data of the analysis company Counterpoint ResearchCompared to the previous year Smartphone market sees high growth in refurbished devices in 2021 – record 15% increase in the worldwide shipping of these devices.

There are dozens of refurbished devices from various companies, but the highlights are premium smartphones from Apple and Samsung – after all, these are high-end devices at much lower prices. In fact, in 2021, Apple was the leader in shipping refurbished cell phones.

As interest in refurbished devices increased, companies began to increase the volume and availability of refurbished devices, particularly in emerging markets such as China, India, Africa, Latin America and Southeast Asia.

Growth

“Refurbished smartphones are part of used devices that re-enter the system in various ways. Stock markets are the fastest growing source for these second-hand smartphones, with volumes growing by over 10% worldwide in 2021. We see year-on-year increases in volumes among renewed players in emerging markets such as China, India, Latin America, Southeast Asia and Africa. ”said senior analyst Glen Cardoza.

Growth rates in Latin America and India were recorded as 29% and 25%, respectively. The numbers in these markets also continue to increase due to the purchases users make when purchasing a new device – exchanges are up more than 10% worldwide.

Image: Samsung Galaxy A52

Source: Tec Mundo

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