Refurbished Smartphone Market grows 15% in 2021

The data points to a growth trend in both the purchase and sale of refurbished smartphones around the world. Sustainability is one of the drivers in this dynamic.

The Counterpoint report released by GSMarena points to a 15% growth in the refurbished smartphone market worldwide, compared to 2020.

Among the various factors, the document points to 5G. The curiosity for the new technology, along with the take-back programs, increased the number of units available for this new market sector. Environmental sustainability is another important player in the equation: consumers are increasingly aware of climate change, and the fact that habits such as buying refurbished electronic equipment reduce their environmental footprint.

Right to Reparation policies carried out in the European Union, the United States and Japan have put pressure on manufacturers to make official branded components available to repair agents.

In regional terms, Latin America and India were the markets where refurbished products increased the most. Europe recorded a growth of 10%. The iPhone is the leader in the refurbished market, but the Samsung is gaining ground.

At iServices we have a careful selection of Macbooks, iPads, Apple Watch or Refurbished iPhones. Visit our Online Store or one of our physical stores across the country.