Smartphone

IDC forecasts worldwide shipments of used smartphones will reach 413.3 million units in 2026 with a compound annual growth rate (CAGR) of 10.3%.

To learn more about IDC, please visit [www.idc.com](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.idc.com&esheet=53178540&newsitemid=20230109005145&lan=en-US&anchor=www.idc.com&index=6&md5=8067cd1747ac3923c614568efe4bea95). [BUSINESS WIRE](https://www.businesswire.com/))--International Data Corporation ( [IDC](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.idc.com&esheet=53178540&newsitemid=20230109005145&lan=en-US&anchor=IDC&index=1&md5=75c33ad62524b9a13b2f0e26bfa03d7a)) estimates worldwide shipments of used smartphones, including officially refurbished and used smartphones, will reach 282.6 million units in 2022. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group ( Once the device has been examined and classified as suitable for refurbishment, it is sent off to a facility for reconditioning and is eventually sold via a secondary market channel. However, a high-end inventory struggle due to elongated refresh cycles in the new market has used prices growing over 11% in 2022." [IDG](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.idginc.com%2F&esheet=53178540&newsitemid=20230109005145&lan=en-US&anchor=IDG&index=5&md5=448147807171f7c846672bf8a24cd533)), the world's leading tech media, data, and marketing services company. This study also provides a look at key players and the impact they will have on vendors, carriers, and consumers. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. "Used devices demonstrate more resilience to market inhibitors than new smartphone sales as consumer appetite remains elevated in many regions. The rise in TIV has pushed prices up in the secondary market due to consumers getting more for their old devices to help drive upgrades. How long these aggressive trade-in offers last remains a big question for buyers and sellers. This has contributed to an increase in trade-in value (TIV), which is typical when demand for new devices is slow.

With the addition of gesture controls to Samsung's One UI, you can make the most of the screen space on your Samsung Galaxy device. It is important to note ...

What are gesture controls The gesture controls on your Samsung Galaxy device disable the Navigation Bar from the bottom of the screen. This setting includes the activation of the Recents, Home, and Back buttons by swiping up from the bottom of the screen. The button controls help users go to the previous page, the home screen and check recently used apps.

IDC estimates suggest buying used or refurbished phones as opposed to a brand new unit is proving increasingly attractive to many.

However, a high-end inventory struggle due to elongated refresh cycles in the new market has used prices growing over 11% in 2022.” How many people will be queuing around the block to get their hands on the next wave of foldable, invisible, or slidable, or satellite-connected blowers remains to be seen. “Used devices demonstrate more resilience to market inhibitors than new smartphone sales as consumer appetite remains elevated in many regions. “The used market was able to grow 11.5% in 2022 thanks to the 6.1% rebound we witnessed in the new market for 2021,” said Anthony Scarsella, research manager with IDC’s Worldwide Quarterly Mobile Phone Tracker. This has contributed to an increase in trade-in value (TIV), which is pushing prices up in the secondary market ‘due to consumers getting more for their old devices to help drive upgrades.’ This growth is expected to continue to the point that 413.3 million units will be shipped in 2026, driving a compound annual growth rate (CAGR) of 10.3% from 2021 to 2026 and representing a market value of $99.9 billion.

The unlocked smartphone boasts an impressive two-day battery life.

[get an unlocked Motorola Moto G Stylus 128GB Smartphone](https://www.amazon.com/dp/B098XCXM5K/?tag=hearstnp-sfg-20&ascsubtag=wcm~17705462~1673302454~inl~~~~~~) for only $129.99. Over the past decade or so, smartphones have become an integral part of our everyday lives. The only issue is that the prices have started getting out of hand, especially for the big names like Apple or Samsung.

Many people make New Year's Resolutions to get in better shape, stick to a budget, or spend more time with family. The beginning of a new year should also ...

Many people make New Year's Resolutions to get in better shape, stick to a budget, or spend more time with family. - Updated -

The market has been driven by increasing smartphone and internet penetration along with digital transformation due to the adoption of 5G network, high ...

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. Smartphones are used by an enormous number of people around the globe. Smartphone Market in China As the largest market in the world, mainland China remains among the fastest-growing nations in smartphone industry. However, just as there are many types of Smartphones available in the market today, there Inflow of Expatriates: Bahrain has been an expat hotspot for decades because of multi-cultural environment and a progressive nation which is known to offer a good quality of life to its residents. Bahrain Remittance Market Ecosystem Bahrain Remittance Market is in the growing stage, consisting of ~ players (banks and digital payment companies) with just few companies acquitting the major portion of the market. openPR disclaims liability for any content contained in this release. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services. Increasing smartphone penetration, rising awareness to reduce electronic wastes, high proportion of low to mid-income consumers, increasing prices of new smartphones and adoption of 5G network are some of the factors that will contribute to the growth of the Malaysia Used Smartphone Market over the period of 2022F-2026F. Covid-19 Impact on the Malaysia Used Smartphone Industry: The growing digitization, virtual classes, remote working, virtual socialization during Covid-19 pandemic led to smartphones being an indispensable part of life. Malaysia Used Smartphone Market Overview: The Used Smartphone Market in Malaysia is currently at the growing phase and is a highly fragmented market. Supportive Government Initiatives: The Malaysian government launched the MyDIGITAL initiative as a part of the Malaysia Digital Economy Blueprint.

The unlocked smartphone boasts an impressive two-day battery life.

[get an unlocked Motorola Moto G Stylus 128GB Smartphone](https://www.amazon.com/dp/B098XCXM5K/?tag=hearstnp-sfg-20&ascsubtag=wcm~17705462~1673323893~inl~~~~~~) for only $129.99. Over the past decade or so, smartphones have become an integral part of our everyday lives. The only issue is that the prices have started getting out of hand, especially for the big names like Apple or Samsung.

Premier Daniel Andrews has backed replacing the myki card with bank cards or smartphones, as the state government looks for a new operator for the public ...

It also recommended adopting a system that allows public transport users to pay for fares using credit and debit cards. Victoria’s system requires users to buy a $6 myki card before adding more money to cover the fare. [Sign up here](/link/follow-20170101-p57ogt). “As the Victorian Government prepares for the myki re-tender due in 2023, enhanced flexibility to allow for the development of third-party purchasing platforms, validation, barrier systems and more sophisticated ticketing and fares for public transport should be part of contract discussions.” “The current public transport ticketing contract arrangements mean that the ticketing system is relatively inflexible and costly to adjust, a potential barrier to fare reform,” the report found. Public transport users in global cities such as Sydney, London, Singapore and New York can pay for fares with a bank card or smartphone linked to a public transport account.