Worldwide shipments of used smartphones are expected to reach 225.4 million units by 2020, according to a forecast released on Thursday by market researcher IDC. This is an increase of 9.2% compared to 2019. Additionally, IDC used phone shipments of 351.6 million units in 2024.
These numbers include. IDC says the projected growth is driven by the fact Increasingly used to convince consumers to upgrade their phones and offset costs .
IDC says its volume for 2020 was lower than expected, but the used market is still good compared to the new phone market, for which the firm expects a 6.4% drop. IDC estimated at the end of February last year that A.Would like .
“With the recent decline in the new smartphone market forecasting minimal growth in new shipments over the next few years, markets used for smartphones show no signs of slowing in all parts of the world,” IDC research Manager Anthony Scarsella said in a release. “Refurbished and used devices provide a cost-effective option for both consumers and businesses looking to save money when purchasing a smartphone.”
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