Press release
Used Smartphone Market to Reach USD 189.86 Billion by 2034, Growing at 15.1% CAGR
Used Smartphone Market Size
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
Vinyl Siding Market Size to Grow from USD 7.45 Billion in 2024 to USD 11.80 Bill …
According to recent market research, the global vinyl siding market was valued at approximately USD 7.45 billion in 2024 and is projected to reach around USD 11.80 billion by 2034, growing at a compound annual growth rate (CAGR) of roughly 4.7% between 2025 and 2034. This growth is driven by increasing residential and commercial construction activities, rising awareness of energy-efficient building materials, and the aesthetic and low-maintenance advantages of vinyl…
Transition Metal Dichalcogenides (TMDs) Market Size to Grow from USD 1.68 Billio …
According to recent market research, the global transition metal dichalcogenides (TMDs) market was valued at approximately USD 1.68 billion in 2024 and is expected to reach around USD 4.16 billion by 2034, registering a compound annual growth rate (CAGR) of roughly 12% between 2025 and 2034. The market growth is driven by rapid advancements in nanotechnology, electronics, energy storage, and optoelectronic applications, alongside increasing industrial adoption of TMD-based materials.
Access key…
Mobile Payments Market Size to Grow from USD 102.14 Billion in 2024 to USD 409.6 …
According to the latest market research, the global mobile payments market was valued at approximately USD 102.14 billion in 2024 and is projected to reach around USD 409.65 billion by 2034, growing at a compound annual growth rate (CAGR) of roughly 14.90% between 2025 and 2034. This remarkable growth is fueled by increasing smartphone penetration, rapid digitalization of financial services, rising e-commerce adoption, and supportive regulatory frameworks worldwide.
Access key findings…
Automotive Fuel Cell Market Size to Skyrocket from USD 7.06 Billion in 2024 to U …
According to the latest market research, the global automotive fuel cell market was valued at approximately USD 7.06 billion in 2024 and is projected to reach around USD 115.50 billion by 2034, growing at a compound annual growth rate (CAGR) of roughly 41.81% between 2025 and 2034. This explosive growth is fueled by the increasing global demand for zero-emission vehicles, stricter environmental regulations, and technological advancements in hydrogen fuel cell…
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,…
