Global Refurbished And Used Mobile Phone
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Refurbished And Used Mobile Phone market size was USD 53.81 Billion in 2022 and it is forecasted to reach USD 120.96 Billion by 2030. Refurbished And Used Mobile Phone Industry's Compound Annual Growth Rate will be 10.8 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Refurbished And Used Mobile Phone market size was USD 53.81 Billion in 2022 and it is forecasted to reach USD 120.96 Billion by 2030. Refurbished And Used Mobile Phone Industry's Compound Annual Growth Rate will be 10.8 % from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Refurbished And Used Mobile Phone Market Sales Revenue 2022 | $ 53.81 Billion |
Global Refurbished And Used Mobile Phone Market Sales Revenue 2030 | $ 120.96 Billion |
Global Refurbished And Used Mobile Phone Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 10.8% |
Market Split by Type |
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Market Split by Application |
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Market Split by Price Range |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Refurbished And Used Mobile Phone Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The refurbished phone is a pre-owned handset, which has been restored and returned to good working order resold. Some retailers and networks categorize refurbished phones as handsets, which are returned by users and changed users’ minds into a 30-day cooling-off period after signing the contract.
The increasing number of firms EMI options providing for phones and consumers depending on smartphone devices worldwide is the key factor expected to propel the growth of the refurbished and used mobile phones market. In addition, increasing cost-efficiency benefits related to refurbished and used mobile phones likely to fuel the growth of the target market.
Increasing e-commerce platforms’ adoption for refurbished and used mobile phones between sellers and buyers is projected to create growth opportunities for the refurbished and used mobile phones market in the forecast period.
Shortage of the top mobile phone models in the market may hamper the growth of the refurbished and used mobile phone market. In addition, the limitation of the used smartphone warranty period is anticipated to restrict the growth of the refurbished and used mobile phones market in the forecast period.
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Phixman has announced an exclusive partnership with Detel to sell refurbished phones
In May 2022, Phixman has entered into an exclusive partnership with Detel in order to provide refurbished smartphones, which include accessories for a less price and a warranty. This is planned to offer services across all centers all over India for a reasonable price.
Top Companies Market Share in Refurbished And Used Mobile Phone Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Global Refurbished And Used Mobile Phone Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Refurbished And Used Mobile Phone Industry growth. Refurbished And Used Mobile Phone market has been segmented with the help of its Type, Application Price Range, and others. Refurbished And Used Mobile Phone market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the used phone segment has the largest revenue share in the refurbished and used mobile phone market. This is due to the increasing number of second-hand device specialists and the number of retail shops. In addition, the practice of selling used smartphones adoption due to increasing profit margins is projected to drive the growth of this segment.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Refurbished And Used Mobile Phone Industry. Request a Free Sample PDF!
Based on application, the individual segment has the major revenue share in the refurbished and used mobile phone market. This is attributed to the increasing demand for refurbished and used mobile phones among individuals due to increasing disposable income and awareness about innovative products in the market. This is expected to boost the demand for this segment in the target market.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Refurbished And Used Mobile Phone market report 2024 Edition by contacting our team.
Asia-Pacific has the largest revenue share in the refurbished and used mobile phone market. This is owing to increasing e-Commerce platforms in the region. In addition, logistical services advancement and simplicity of payment alternatives like pay later buy now services are anticipated to fuel the growth of the market in the region.
The current report Scope analyzes Refurbished And Used Mobile Phone Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
I am committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that my skills remain sharp and relevant. I spearheaded research initiatives focused on market trends, customer behavior, and competitive landscapes. I have a demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams, I played a pivotal role in shaping successful projects that hinged on robust research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Refurbished And Used Mobile Phone Market is witnessing significant growth in the near future.
In 2023, the Used Phone segment accounted for noticeable share of global Refurbished And Used Mobile Phone Market and is projected to experience significant growth in the near future.
The Businesses segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Apple Inc., Lenovo Group Limited and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Table of Content differs accordign to the user License selction. Current Displayed TOC is for the Corporate User License Report Edition. TOC Customization options: Add or Remove section's Or chapter's from the report. Specific section's of report can be ordered at a discounted price. If applicable; On Request Volume Data will also be provided (at an Additional Cost).
Type | Used Phone, Refurbished Phone |
Application | Businesses, Individual |
Price Range | Low Price, Mid Price, Premium |
Distribution Channel | Online Store, Offline Store |
List of Competitors | Apple Inc., Samsung Electronics., Lenovo Group Limited, Amazon, Redeem UK Ltd., Reboot, FoneGiant.com, Synergy Telecom Inc., NIPPON TELEPHONE INC., Verizon Communications Inc., togofogo, Hutchison 3G UK Limited, BestBuy.com LLC, AT&T Inc., Green Dust Pvt. Ltd., Kempf Enterprises Ltd |
This chapter will help you gain GLOBAL Market Analysis of Refurbished And Used Mobile Phone. Further deep in this chapter, you will be able to review Global Refurbished And Used Mobile Phone Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Chapter 2 North America Market Analysis
Executive Summary North America Market (2019 vs 2024 vs 2031)
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Refurbished And Used Mobile Phone Market Trends North America Refurbished And Used Mobile Phone Technological Road Map North America Refurbished And Used Mobile Phone Market Drivers North America Refurbished And Used Mobile Phone Market Restraints North America Refurbished And Used Mobile Phone Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia-Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Price Range Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Refurbished And Used Mobile Phone market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Used Phone have a significant impact on Refurbished And Used Mobile Phone market? |
What are the key factors affecting the Used Phone and Refurbished Phone of Refurbished And Used Mobile Phone Market? |
What is the CAGR/Growth Rate of Businesses during the forecast period? |
By type, which segment accounted for largest share of the global Refurbished And Used Mobile Phone Market? |
Which region is expected to dominate the global Refurbished And Used Mobile Phone Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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