Global Refurbished Smartphone Market 2024-2028

The refurbished smartphone market is forecasted to grow by USD 55.06 bn during 2023-2028, accelerating at a CAGR of 13.73% 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 an increasing focus on circular economy and sustainability in the electronics industry, growth in the smartphone repair industry, and increased product launches to accelerate market growth.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	12.81%
CAGR	13.73%
Incremental Value	$55.06bn

Technavio's refurbished smartphone market is segmented as below:

By OS

Android
iOS

By Price Range

Low-priced
Medium-priced
Premium

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 smartphones as one of the prime reasons driving the refurbished smartphone market growth during the next few years. Also, rising demand from developing countries and the 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 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 and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by 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 research - both primary and secondary. 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.

Product Code: IRTNTR73506

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 Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by OS
Exhibit 06: Executive Summary - Chart on Market Segmentation by Price Range
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global refurbished smartphone market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global refurbished smartphone market 2018 - 2022 ($ billion)
4.2 OS Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - OS Segment 2018 - 2022 ($ billion)
4.3 Price range Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Price range Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by OS

6.1 Market segments
Exhibit 30: Chart on OS - Market share 2023-2028 (%)
Exhibit 31: Data Table on OS - Market share 2023-2028 (%)
6.2 Comparison by OS
Exhibit 32: Chart on Comparison by OS
Exhibit 33: Data Table on Comparison by OS
6.3 Android - Market size and forecast 2023-2028
Exhibit 34: Chart on Android - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Android - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Android - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Android - Year-over-year growth 2023-2028 (%)
6.4 iOS - Market size and forecast 2023-2028
Exhibit 38: Chart on iOS - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on iOS - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on iOS - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on iOS - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by OS
Exhibit 42: Market opportunity by OS ($ billion)
Exhibit 43: Data Table on Market opportunity by OS ($ billion)

7 Market Segmentation by Price Range

7.1 Market segments
Exhibit 44: Chart on Price Range - Market share 2023-2028 (%)
Exhibit 45: Data Table on Price Range - Market share 2023-2028 (%)
7.2 Comparison by Price Range
Exhibit 46: Chart on Comparison by Price Range
Exhibit 47: Data Table on Comparison by Price Range
7.3 Low-priced - Market size and forecast 2023-2028
Exhibit 48: Chart on Low-priced - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Low-priced - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Low-priced - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Low-priced - Year-over-year growth 2023-2028 (%)
7.4 Medium-priced - Market size and forecast 2023-2028
Exhibit 52: Chart on Medium-priced - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Medium-priced - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Medium-priced - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Medium-priced - Year-over-year growth 2023-2028 (%)
7.5 Premium - Market size and forecast 2023-2028
Exhibit 56: Chart on Premium - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Premium - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Premium - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Premium - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Price Range
Exhibit 60: Market opportunity by Price Range ($ billion)
Exhibit 61: Data Table on Market opportunity by Price Range ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 India - Market size and forecast 2023-2028
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 103: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Amazon.com Inc.
Exhibit 115: Amazon.com Inc. - Overview
Exhibit 116: Amazon.com Inc. - Business segments
Exhibit 117: Amazon.com Inc. - Key news
Exhibit 118: Amazon.com Inc. - Key offerings
Exhibit 119: Amazon.com Inc. - Segment focus
12.4 Apple Inc.
Exhibit 120: Apple Inc. - Overview
Exhibit 121: Apple Inc. - Business segments
Exhibit 122: Apple Inc. - Key news
Exhibit 123: Apple Inc. - Key offerings
Exhibit 124: Apple Inc. - Segment focus
12.5 AT and T Inc.
Exhibit 125: AT and T Inc. - Overview
Exhibit 126: AT and T Inc. - Business segments
Exhibit 127: AT and T Inc. - Key news
Exhibit 128: AT and T Inc. - Key offerings
Exhibit 129: AT and T Inc. - Segment focus
12.6 Back Market
Exhibit 130: Back Market - Overview
Exhibit 131: Back Market - Product / Service
Exhibit 132: Back Market - Key offerings
12.7 Best Buy Co. Inc.
Exhibit 133: Best Buy Co. Inc. - Overview
Exhibit 134: Best Buy Co. Inc. - Business segments
Exhibit 135: Best Buy Co. Inc. - Key offerings
Exhibit 136: Best Buy Co. Inc. - Segment focus
12.8 Gadgetwood E Services Pvt. Ltd.
Exhibit 137: Gadgetwood E Services Pvt. Ltd. - Overview
Exhibit 138: Gadgetwood E Services Pvt. Ltd. - Product / Service
Exhibit 139: Gadgetwood E Services Pvt. Ltd. - Key offerings
12.9 HOMES SOLUTION LTD.
Exhibit 140: HOMES SOLUTION LTD. - Overview
Exhibit 141: HOMES SOLUTION LTD. - Product / Service
Exhibit 142: HOMES SOLUTION LTD. - Key offerings
12.10 Manak Waste Management Pvt. Ltd.
Exhibit 143: Manak Waste Management Pvt. Ltd. - Overview
Exhibit 144: Manak Waste Management Pvt. Ltd. - Product / Service
Exhibit 145: Manak Waste Management Pvt. Ltd. - Key offerings
12.11 Qarmatek Services Pvt. Ltd.
Exhibit 146: Qarmatek Services Pvt. Ltd. - Overview
Exhibit 147: Qarmatek Services Pvt. Ltd. - Product / Service
Exhibit 148: Qarmatek Services Pvt. Ltd. - Key offerings
12.12 Quikr India Pvt. Ltd.
Exhibit 149: Quikr India Pvt. Ltd. - Overview
Exhibit 150: Quikr India Pvt. Ltd. - Product / Service
Exhibit 151: Quikr India Pvt. Ltd. - Key offerings
12.13 Reboxed Ltd.
Exhibit 152: Reboxed Ltd. - Overview
Exhibit 153: Reboxed Ltd. - Product / Service
Exhibit 154: Reboxed Ltd. - Key offerings
12.14 Samsung Electronics Co. Ltd.
Exhibit 155: Samsung Electronics Co. Ltd. - Overview
Exhibit 156: Samsung Electronics Co. Ltd. - Business segments
Exhibit 157: Samsung Electronics Co. Ltd. - Key news
Exhibit 158: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 159: Samsung Electronics Co. Ltd. - Segment focus
12.15 Smart Cellular
Exhibit 160: Smart Cellular - Overview
Exhibit 161: Smart Cellular - Product / Service
Exhibit 162: Smart Cellular - Key offerings
12.16 Verizon Communications Inc.
Exhibit 163: Verizon Communications Inc. - Overview
Exhibit 164: Verizon Communications Inc. - Business segments
Exhibit 165: Verizon Communications Inc. - Key offerings
Exhibit 166: Verizon Communications Inc. - Segment focus
12.17 Walmart Inc.
Exhibit 167: Walmart Inc. - Overview
Exhibit 168: Walmart Inc. - Business segments
Exhibit 169: Walmart Inc. - Key offerings
Exhibit 170: Walmart Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations