NEW YORK, Nov. 18, 2022 /PRNewswire/ — The refurbished smartphone market size is projected to grow by USD 45.98 billion during 2021-2026, progressing at a CAGR of 13.69% during the forecast period. 49% of the growth will originate from APAC. The market is concentrated, and the degree of concentration will accelerate during the forecast period. Request a Free Sample Report.
Refurbished Smartphone Market 2022-2026: Vendor Analysis
The global refurbished smartphone market is concentrated due to the presence of various established vendors. Market vendors compete based on innovation and product quality. Intense competition and declining profit margins are some of the significant risk factors for market vendors. Therefore, to survive and succeed in such a competitive environment, it becomes imperative for vendors to distinguish their product offerings through clear and unique value propositions.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Alibaba Group Holding Ltd.
- Apple Inc.
- AT and T Inc.
- Back Market
- Best Buy Co. Inc.
- CHINAREPHONE
- eBay Inc.
- FoneGiant.com
- Gadgetwood E-Services Pvt. Ltd.
- Manak Waste Management Pvt Ltd.
- NIPPON TELEPHONE INC.
- Qarmatek Services Private Ltd.
- Quikr India Pvt. Ltd.
To find additional highlights on the growth strategies adopted by vendors and their product offerings, Read a Free Sample Report.
Refurbished Smartphone Market 2022-2026: Segmentation
- By OS
- Android
- Android is a widely used mobile operating system (OS) worldwide. The refurbished Android OS has been gaining popularity among consumers all around the world because of its low price and accessibility to a number of features. One of the primary elements fueling the segment’s rise is the increasing attention being paid to circular economy concepts.
- iOS
- By Geography
- APAC
- APAC will account for 49% of market growth. The main markets in APAC for refurbished smartphones are China, India, and Indonesia. The market in this region will grow more quickly than the markets in Europe, the Middle East, and North America. The growth of the refurbished smartphone market in APAC will be aided by the expansion of the telecom infrastructure, rising smartphone prices, and the lack of disruptive features in android smartphones.
- North America
- Europe
- South America
- Middle East And Africa
To learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, buy the sample report.
Refurbished Smartphone Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our refurbished smartphone market report covers the following areas:
The circular economy and sustainability, growth in the smartphone repair industry, and increase in the average selling price of smartphones will offer immense growth opportunities. However, the easy availability of smartphones on e-commerce might hamper the market growth. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Refurbished Smartphone Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist refurbished smartphone market growth during the next five years
- Estimation of the refurbished smartphone market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the refurbished smartphone market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of refurbished smartphone market vendors
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Refurbished Smartphone Market Scope |
|
|
Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 13.69% |
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Market growth 2022-2026 |
$45.98 billion |
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Market structure |
Concentrated |
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YoY growth (%) |
12.46 |
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Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 49% |
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Key consumer countries |
US, China, India, Indonesia, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Alibaba Group Holding Ltd., Apple Inc., AT and T Inc., Back Market, Best Buy Co. Inc., CHINAREPHONE, eBay Inc., FoneGiant.com, Gadgetwood E-Services Pvt. Ltd., Manak Waste Management Pvt Ltd., NIPPON TELEPHONE INC., One97 Communications Ltd., Qarmatek Services Private Ltd., Quikr India Pvt. Ltd., Reboxed Ltd., Samsung Electronics Co. Ltd., Smart Cellular, Verizon Communications Inc., Walmart Inc., and Amazon.com Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
1. Executive Summary
1.1 Market Overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by OS
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2. Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3. Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 17: Five forces analysis – Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5. Market Segmentation by OS
5.1 Market segments
Exhibit 24: Chart on OS – Market share 2021-2026 (%)
Exhibit 25: Data Table on OS – Market share 2021-2026 (%)
5.2 Comparison by OS
Exhibit 26: Chart on Comparison by OS
Exhibit 27: Data Table on Comparison by OS
5.3 Android – Market size and forecast 2021-2026
Exhibit 28: Chart on Android – Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Android – Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Android – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Android – Year-over-year growth 2021-2026 (%)
5.4 iOS – Market size and forecast 2021-2026
Exhibit 32: Chart on iOS – Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on iOS – Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on iOS – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on iOS – Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by OS
Exhibit 36: Market opportunity by OS ($ billion)
6. Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 42: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 43: Data Table on APAC- Market size and forecast 2021-2026 ($ billion)
Exhibit 44: Chart on APAC- Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC- Year-over-year growth 2021-2026 (%)
7.4 North America– Market size and forecast 2021-2026
Exhibit 46: Chart on North America– Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on North America– Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on North America– Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on North America– Year-over-year growth 2021-2026 (%)
7.5 Europe– Market size and forecast 2021-2026
Exhibit 50: Chart on Europe– Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on Europe– Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on Europe– Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on Europe– Year-over-year growth 2021-2026
7.6 South America – Market size and forecast 2021-2026
Exhibit 54: Chart on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa– Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on Middle East and Africa– Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on Middle East and Africa– Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa– Year-over-year growth 2021-2026 (%)
7.8 US – Market size and forecast 2021-2026
Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
7.9 China– Market size and forecast 2021-2026
Exhibit 66: Chart on China– Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on China– Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on China– Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China– Year-over-year growth 2021-2026 (%)
7.10 India – Market size and forecast 2021-2026
Exhibit 70: Chart on India – Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on India – Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on India – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on India – Year-over-year growth 2021-2026 (%)
7.11 UK- Market size and forecast 2021-2026
Exhibit 74: Chart on UK- Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on UK- Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on UK- Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK- Year-over-year growth 2021-2026 (%)
7.12 Indonesia – Market size and forecast 2021-2026
Exhibit 78: Chart on Indonesia – Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on Indonesia – Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on Indonesia – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Indonesia – Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Circular economy and sustainability
8.1.2 Growth in smartphone repair industry
8.1.3 Increase in average selling price of smartphones
8.2 Market challenges
8.2.1 Easy availability of smartphones on e-commerce
8.2.2 Smartphone initiatives by vendors
8.2.3 Low demand of refurbished smartphone in developed economies
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
8.4.1 Growing number of online platforms dealing in refurbished smartphones
8.4.2 Increasing number of partnerships between vendors and online marketplace
8.4.3 Growing number of mergers and acquisitions (M&A)
9. Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10. Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 Amazon.com Inc.
Exhibit 89: Amazon.com Inc. – Overview
Exhibit 90: Amazon.com Inc. – Business segments
Exhibit 91: Amazon.com Inc. – Key news
Exhibit 92: Amazon.com Inc. – Key offerings
Exhibit 93: Amazon.com Inc. – Segment focus
10.4 Apple Inc.
Exhibit 94: Apple Inc. – Overview
Exhibit 95: Apple Inc. – Business segments
Exhibit 96: Apple Inc. – Key news
Exhibit 97: Apple Inc. – Key offerings
Exhibit 98: Apple Inc. – Segment focus
10.5 AT and T Inc.
Exhibit 99: AT and T Inc. – Overview
Exhibit 100: AT and T Inc. – Business segments
Exhibit 101: AT and T Inc. – Key offerings
Exhibit 102: AT and T Inc. – Segment focus
10.6 Best Buy Co. Inc.
Exhibit 103: Best Buy Co. Inc. – Overview
Exhibit 104: Best Buy Co. Inc. – Business segments
Exhibit 105: Best Buy Co. Inc. – Key offerings
Exhibit 106: Best Buy Co. Inc. – Segment focus
10.7 NIPPON TELEPHONE INC.
Exhibit 107: NIPPON TELEPHONE INC. – Overview
Exhibit 108: NIPPON TELEPHONE INC. – Product / Service
Exhibit 109: NIPPON TELEPHONE INC. – Key offerings
10.8 One97 Communications Ltd.
Exhibit 110: One97 Communications Ltd. – Overview
Exhibit 111: One97 Communications Ltd. – Product / Service
Exhibit 112: One97 Communications Ltd. – Key offerings
10.9 Reboxed Ltd.
Exhibit 113: Reboxed Ltd. – Overview
Exhibit 114: Reboxed Ltd. – Product / Service
Exhibit 115: Reboxed Ltd. – Key offerings
10.10 Samsung Electronics Co. Ltd.
Exhibit 116: Samsung Electronics Co. Ltd. – Overview
Exhibit 117: Samsung Electronics Co. Ltd. – Business segments
Exhibit 118: Samsung Electronics Co. Ltd. – Key news
Exhibit 119: Samsung Electronics Co. Ltd. – Key offerings
Exhibit 120: Samsung Electronics Co. Ltd. – Segment focus
10.11 Verizon Communications Inc.
Exhibit 121: Verizon Communications Inc. – Overview
Exhibit 122: Verizon Communications Inc. – Business segments
Exhibit 123: Verizon Communications Inc. – Key offerings
Exhibit 124: Verizon Communications Inc. – Segment focus
10.12 Walmart Inc.
Exhibit 125: Walmart Inc. – Overview
Exhibit 126: Walmart Inc. – Business segments
Exhibit 127: Walmart Inc. – Key news
Exhibit 128: Walmart Inc. – Key offerings
Exhibit 129: Walmart Inc. – Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Inclusions and exclusions checklist
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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