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PUBLISHER: IDC | PRODUCT CODE: 1398735

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PUBLISHER: IDC | PRODUCT CODE: 1398735

Worldwide Used Smartphone Forecast, 2023-2027

PUBLISHED:
PAGES: 17 Pages
DELIVERY TIME: 1-2 business days
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This IDC study provides a five-year forecast of the worldwide used smartphone market and its expansion and growth by 2027. This study provides an updated market forecast based upon changes that will impact resellers, OEM vendors, carriers, and consumers."Despite the near 10% growth in the market, the secondary market is showing signs of slowdown due to a genuine lack of inventory," says Anthony Scarsella, research director for IDC's Mobile Phone program. "With refresh rates extending in most mature markets, acquiring inventory remains the biggest challenge for resellers. Secondary phone retailers are hungry for inventory as the high end of the market continues to be scarce due to customers just holding on to their devices. This lengthening can also be witnessed in the new market where shipments declined 3.5% for 2023."

Product Code: US51463823

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

  • Software and Security Updates
  • Repairability

Market Forecast

  • Used Smartphone ASP Forecast
  • Used Smartphone Value Forecast

Market Context

  • Drivers and Inhibitors
    • Drivers
      • 5G Handsets
      • Trade-In Programs
    • Inhibitors
      • Refresh Rates
      • Inflation
  • Significant Market Developments
    • EU Law: Replaceable Batteries
  • Changes from Prior Forecast

Market Definition

  • Understanding the Secondary Market Ecosystem

Methodology

Related Research

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