Global Refurbished Smartphone Market 2025-2029

Refurbished Smartphone Market 2025-2029

The refurbished smartphone market is forecasted to grow by USD 65.06 billion during 2024-2029, accelerating at a CAGR of 14.2% during the forecast period. The report on the refurbished smartphone market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on circular economy and sustainability in electronics industry, growth in smartphone repair industry, and increased product launch to accelerate market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's refurbished smartphone market is segmented as below:

By OS

• Android
• iOS

By Price Range

• Low-priced
• Medium-priced
• Premium

By Distribution Channel

• Online
• Offline

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the growing number of online platforms dealing in refurbished smartphone as one of the prime reasons driving the refurbished smartphone market growth during the next few years. Also, rising demand from developing countries and integration of advanced features in refurbished smartphones will lead to sizable demand in the market.

The report on the refurbished smartphone market covers the following areas:

• Refurbished Smartphone Market sizing
• Refurbished Smartphone Market forecast
• Refurbished Smartphone Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading refurbished smartphone market vendors that include Alibaba Group Holding Ltd., Amazon.com Inc., Apple Inc., AT and T Inc., Back Market, Best Buy Co. Inc., Clues Network Pvt. Ltd., eBay Inc., Gadgetwood E Services Pvt. Ltd., HOMES SOLUTION LTD., Manak Waste Management Pvt. Ltd., Qarmatek Services Pvt. Ltd., Quikr India Pvt. Ltd., Reboxed Ltd., Samsung Electronics Co. Ltd., Smart Cellular, Swappie Oy, TROCAFONE SA, Verizon Communications Inc., and Walmart Inc.. Also, the refurbished smartphone market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.