openPR Logo
Press release

Used Smartphone Market to Reach USD 189.86 Billion by 2034, Growing at 15.1% CAGR

07-09-2025 01:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Zion Market Research

Used Smartphone Market Size

Used Smartphone Market Size

Market Overview:
The global used smartphone market was valued at approximately USD 46.52 billion in 2024. With increasing consumer demand for affordable and sustainable devices, the market is projected to grow significantly, reaching USD 189.86 billion by 2034, at a compound annual growth rate (CAGR) of 15.10% from 2025 to 2034.

Access key findings and insights from our Report in this sample -https://www.zionmarketresearch.com/sample/used-smartphone-market

Key Market Drivers:

Rising demand for cost-effective alternatives to new smartphones.

Growth of certified pre-owned (CPO) programs from major OEMs and retailers.

Environmental concerns encouraging reuse and circular economy practices.

Increased smartphone upgrade cycles and trade-in programs.

Market Segmentation:

By Type: Android Devices, iOS Devices

By Sales Channel: Online Platforms, Offline Retail Stores

By Age Category: 1 Year Old, 2 Years Old, 3+ Years Old

By End-User: Individual Consumers, Enterprises

Regional Insights:

Asia-Pacific leads the global market due to its price-sensitive customer base and high smartphone penetration.

North America and Europe are seeing rapid expansion in trade-in and refurbishment infrastructure.

Middle East & Africa and Latin America present emerging opportunities due to increasing digital adoption.

Used Smartphone Market: Competitive Analysis
The global used smartphone market is led by players like:

Apple Inc.
Samsung Electronics
Back Market
Gazelle
ecoATM
Amazon Renewed
Swappa
Decluttr
UpTrade
Cashify
SmartphonesPLUS
GreenBuyback
BuyBackWorld
Glyde
Quick Mobile Fix
TheWhizCells
Trademore
ItsWorthMore
Orchard
Cellsense

Access our report for a comprehensive look at key insights -https://www.zionmarketresearch.com/report/used-smartphone-market

Trends and Opportunities:

Expansion of AI-driven grading and quality checks.

Rise of subscription and leasing models.

Growing investments in refurbishment technology and supply chains.

Future Outlook:
The used smartphone market is poised for continued growth as consumers and businesses seek more sustainable, value-driven alternatives. With advancements in refurbishment and resale technologies, the sector is set to become a cornerstone of the global electronics economy.

More Trending Reports by Zion Market Research -

Global Contact Lens Market-https://www.zionmarketresearch.com/report/contact-lens-market

Human Vaccines Market-https://www.zionmarketresearch.com/report/human-vaccines-market

Plastic Surgery Market-https://www.zionmarketresearch.com/report/plastic-surgery-market

Bone Cement and Glue Market-https://www.zionmarketresearch.com/report/bone-cement-and-glue-market

Healthcare Reimbursement Market-https://www.zionmarketresearch.com/report/healthcare-reimbursement-market

Asia Pacific Office
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Used Smartphone Market to Reach USD 189.86 Billion by 2034, Growing at 15.1% CAGR here

News-ID: 4097784 • Views:

More Releases from Zion Market Research

Global Fintech Market Size to Reach USD 727.17 Billion by 2034, Growing at 15.60% CAGR
Global Fintech Market Size to Reach USD 727.17 Billion by 2034, Growing at 15.60 …
The global financial technology (fintech) market is a powerful and disruptive force, fundamentally reshaping the landscape of financial services worldwide. With an estimated valuation of USD 228.02 billion in 2024, the market is on an exceptional growth trajectory, projected to reach a staggering USD 727.17 billion by 2034. This represents a robust Compound Annual Growth Rate (CAGR) of approximately 15.60% during the forecast period from 2025 to 2034. This explosive
Global Live Streaming Market Size to Skyrocket to USD 564.16 Billion by 2034, Growing at 23% CAGR
Global Live Streaming Market Size to Skyrocket to USD 564.16 Billion by 2034, Gr …
The global live streaming market is experiencing a period of unprecedented, explosive growth, fundamentally reshaping media consumption, social interaction, and digital commerce. With a valuation of USD 107.69 billion in 2024, the market is poised for a monumental surge, projected to reach a staggering USD 564.16 billion by 2034. This represents a phenomenal Compound Annual Growth Rate (CAGR) of approximately 23% during the forecast period from 2025 to 2034. This
Global Cable Connector Market Size to Reach USD 152.06 Billion by 2034, Growing at 6.60% CAGR
Global Cable Connector Market Size to Reach USD 152.06 Billion by 2034, Growing …
The global cable connector market is a fundamental and expansive segment within the broader electronics and connectivity industry, serving as the critical interface that enables the flow of power and data across countless applications. With an estimated valuation of USD 80.25 billion in 2024, the market is on a solid growth trajectory, projected to reach USD 152.06 billion by 2034. This expansion represents a steady Compound Annual Growth Rate (CAGR)
Global Gym Apparel Market Size, Share & Trends Analysis Report to Reach USD 40.38 Billion by 2034, Growing at 7.20% CAGR
Global Gym Apparel Market Size, Share & Trends Analysis Report to Reach USD 40.3 …
The global gym apparel market, a dynamic and influential segment within the broader athleisure and sportswear industry, is experiencing robust and sustained growth. With an estimated valuation of USD 20.15 billion in 2024, the market is projected to more than double, reaching USD 40.38 billion by 2034. This expansion is expected to occur at a Compound Annual Growth Rate (CAGR) of approximately 7.20% during the forecast period from 2025 to

All 5 Releases


More Releases for Smartphone

Leading Growth Driver in the Smartphone Processor Market in 2025: Surge In Smart …
Which drivers are expected to have the greatest impact on the over the smartphone processor market's growth? The anticipated expansion of the smartphone processor market is predicted to be influenced by the rising global popularity of smartphones. It has been observed that younger generations worldwide have been adopting smartphones at a faster pace. For instance, a study from Cybercrew, a UK company specializing in cybersecurity solutions for businesses of varying sizes,
India Smartphone Market
Anticipated Growth in Revenue: The India Smartphone Market was valued at USD 169.72 Bn in 2023 and is expected to reach USD 341.40 Bn by 2030, at a CAGR of 10.5 % during the forecast period India Smartphone Market Overview: The India smartphone market is one of the fastest-growing in the world, driven by a large and young population, increasing internet penetration, and the rise of affordable smartphones. With a shift toward digitalization
Smartphone 3D Camera Market
Smartphone 3D Camera Market by Technology (Stereoscopic camera and Time-of-Flight (TOF)) and Resolution (Below 8 MP, 8-16 MP, and Above 16 MP): Global Opportunity Analysis and Industry Forecast, 2018 - 2025 The smartphone 3D camera market size was valued at $561 million in 2017 and is projected to reach $9,280 million by 2025, registering a CAGR of 42.3% from 2018 to 2025 The latest analysis on Global Smartphone 3D Camera Market is
SMARTPHONE MARKET IN CHINA INTRODUCTION, CHINA SMARTPHONE SHIPMENTS AND USERS, C …
Smartphone Market in China As the largest market in the world, mainland China remains among the fastest-growing nations in smartphone industry. This report provides OMR's updated statistics and predictions for smartphone market in China based on a summary of OMR independent research and a filtration of comparative data from third-party sources. An overview of the global smartphone market is also included. Historical data covers 2009-2014 period which was projected over the
Mobile Phone (Smartphone) LED Market - Rising Smartphone Average Costs Along Wit …
Mobile phone LEDs are used as small illumination source for various purposes such as backlight display, camera flash and keypad illumination. Display panels are the surfaces used for display and control components which acts as the direct interface for the human/machine interaction. LED applications in mobile phones have expanded over the years. Conventional mobile phone application field mainly include keyboard backlighting and displays. Over the years, the smartphone shipments have grown
Smartphone Trends In Asia: The Rise Of Domestic Brands In Southeast Asias Smartp …
Summary Domestic mobile handset manufacturers are rapidly gaining a strong foothold in Southeast Asian countries with their feature-rich devices at much more affordable prices compared global vendors such as Apple, Samsung and Microsoft. Domestic smartphone vendors have enjoyed significant success in the Philippines and Indonesia on the back of low-cost devices accompanied with offers on entertainment and social media content and applications. Filipino vendor Cherry Mobile offers 4G mobile at $299,