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Refurbished Smartphone Market Report Scope & Overview:

The Refurbished Smartphone Market size was valued at USD 64.4 billion in 2022 and is expected to grow to USD 151.65 billion by 2030 and grow at a CAGR of 11.3% over the forecast period of 2023-2030.

By type, the global market for refurbished and used mobile phones generated more than half of the revenue in 2022, and it is anticipated that this segment will continue to dominate the market through 2030. The section of reconditioned phones, on however, would demonstrate the quickest CAGR of 12.7% over the projected period epoch. In terms of price range, the low-cost (less than $200) category accounted for more than half of the market share of used and refurbished mobile phones worldwide in 2022 and is expected to become dominant by 2030. The middle price range ($200 to $500) on the other hand, would have the quickest CAGR during the forecast period, at 13.4%. The report also analyses the premium (over $500) segments. By application, the individual segment held the largest share in 2022, contributing nearly one-third of the revenue from used and refurbished mobile phones worldwide. The fastest CAGR for the same segment would be 12.5% between 2023 and 2030. The report also includes an analysis of the business segments.

Refurbished Smartphone Market Revenue Analysis

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KEY DRIVERS: 

  • Growing use of e-commerce platforms is fueling

Several competitors in the market made calculated investments and acquisitions to gain a foothold in the growing market for refurbished smartphones. In order to expand its e-commerce operations and enhance its post-purchase offerings for its customers in the smartphone industry, Flipkart Group acquired Yantra, an electronics e-commerce startup, in January 2022 for an undisclosed amount. The growth of online marketplaces selling used smartphones leads to increased market penetration, especially in emerging markets. The ease with which cell phones can be purchased on online retailers' platforms, as well as the ongoing promotions offered during the festival and summer, will attract new customers.

  • The market for reconditioned smartphones is expanding

RESTRAIN:

  • Environmental Awareness

The market for reconditioned smartphones has grown as a result of consumers' growing environmental consciousness. Refurbished gadgets are popular among consumers as a green choice that reduces electronic waste and advances the circular economy.

OPPORTUNITY:

  • E-commerce platforms are becoming more popular
  • Growing demand from developing countries

Increased consumer demand for more reasonably priced goods, expanding emerging markets, and the growing acceptance of smartphones in developing nations have all contributed to this increase in demand. Furthermore, growing brand share in the mid-range segment, rising demand for high-end features at competitive prices, and the fast urbanization of developing countries are expected to propel the global market during the forecast period. Furthermore, developing countries need to witness a rise in the reliance of their citizens on electronic devices in order to sustain demand in the global market for refurbished smartphones.

  • Greater reliance on smartphones among consumers worldwide

CHALLENGES:

  • Technological Developments

The refurbished market is impacted by the rate at which the smartphone industry advances technologically. Older devices become available for repair and resale when new models are introduced. The availability and desirability of various smartphone generations affect market dynamics.

IMPACT OF RUSSIAN UKRAINE WAR

US Marine Corps Commandant Gen. David Berger stated that the Russia-Ukraine conflict has validated many of the changes made by the US military in preparation for a future conflict with a technologically advanced adversary. The use of new technology on the battlefield has forced the military to reevaluate its operations in this month. Among the most crucial lessons, according to Berger who has spearheaded efforts to create capabilities to function in a more distributed manner since assuming leadership is that your electronics are disclosing more information about you than you may realize the senior member of the Corps in July 2022. When the simulators connect to them, it's also possible for some systems to directly determine the location of the phone, for instance by accessing the phone's internal GPS system. Whatever technique is used the specifics are kept under wraps as military secrets all lead to the enemy being able to pinpoint the user of the phone's location with reasonable accuracy. It is known that the Leer-3 electronic warfare system, which consists of a command truck and two drones, is being used by the Russians in Ukraine to track down Ukrainian forces. With a 3.7-mile range, this system can detect over 2,000 phones, which could make it possible to locate a wide range of enemy locations.

IMPACT OF ONGOING RECESSION

A revolution in communications seemed inevitable earlier this year. In the smartphone market, 5G phone sales were robust throughout Europe, North America, and Asia. that scientists had begun to concentrate on what the next how the next generation of mobile networking technology will appear. That revolution appears to have stalled six months later. Since Supply chain limitations and inflation continue to cause havoc with the global economy and Asia's declining demand for 5G devices notably. It has raised worries that North America and Europe America may follow as consumers are compelled by growing costs to acknowledge the possibility that their present 4G-capable gadget could will, in the upcoming year, be all they can afford. Asia's 5G device sales numbers are startling. According to a Bloomberg report earlier this month, smartphone sales in China, the largest smartphone market in the world, fell by 14.7% in the second quarter of 2022. Industry heavyweights like Xiaomi, Vivo, and Oppo reported comparable drops. Similar reports on the Southeast Asian smartphone market have been released by market analysts, who note that shipments of smartphones decreased by 7% during the same period last quarter compared to the previous quarter. Growing inflation has negatively impacted consumer confidence, and vendors are finding it difficult to maintain device affordability in price-sensitive markets, according to Canalys analysts.

MARKET SEGMENTATION

By Type

  • Refurbished Phones
  • Used Phones

By Pricing Range

  • Low-priced Refurbished and Used Mobile Phones (Less than $200)
  • Mid-Priced Refurbished and Used Mobile Phones ($200-$500)
  • Premium Refurbished and Used Mobile Phones (More than $500)

By Sales Channel

  • Online/ e-Commerce Sales of Refurbished and Used Mobile Phones
  • Refurbished and Used Mobile Phones Sold at Physical Retail Stores

By Application

  • Individual
  • Businesses

Refurbished Smartphone Market Segmentation Analysis

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 REGIONAL ANALYSIS

The North America, Europe, Asia-Pacific, and the rest of the world, broken down by region. This market will be dominated by the refurbished smartphone market in North America. The growing range of 5G handsets and the increasing advancements in smartphone functionality have led to a boom in the North American market for refurbished smartphones. The US is home to one of the most advanced markets for smartphone providers globally. With companies like Apple, who have changed the global smartphone market's competitive landscape, the region has a history of producing cutting-edge cell phones. Additionally, the US, Canada, Germany, France, the UK, Italy, Spain, and China are the main nations examined in the market report. Kone Saath), and Breafor refurbished smartphones in Asia-Pacific is anticipated to expand with the second-largest market share is the refurbished smartphone market in Europe. There is a growing market for reconditioned and used mobile phones due to several factors, such as increased interest in technology and a high demand for high-end, sophisticated devices. SIM-only deals are appealing, there are more opportunities to switch out existing phones entirely or partially, and the value of used mobile phones is rising. Each of these elements supports growth. This creates a chance for new retail competitors to get traction in the used smartphone market in Europe. Additionally, the UK's reconditioned smartphone market was expanding at the fastest rate in the European Union, while Germany's reconditioned smartphone market held the biggest market share.

REGIONAL COVERAGE:

North America

  • US
  • Canada
  • Mexico

Europe

  • Eastern Europe
    • Poland
    • Romania
    • Hungary
    • Turkey
    • Rest of Eastern Europe
  • Western Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Switzerland
    • Austria
    • Rest of Western Europe

Asia Pacific

  • China
  • India
  • Japan
  • South Korea
  • Vietnam
  • Singapore
  • Australia
  • Rest of Asia Pacific

Middle East & Africa

  • Middle East
    • UAE
    • Egypt
    • Saudi Arabia
    • Qatar
    • Rest of Middle East
  • Africa
    • Nigeria
    • South Africa
    • Rest of Africa

Latin America

  • Brazil
  • Argentina
  • Colombia
  • Rest of Latin America

KEY PLAYERS

Some of key players of Refurbished Smartphone Market are Com Inc., Apple Inc., Cashify, Paytm, Samsung Electronics Co Ltd, Walmart, eBay, ATT Inc., Huawei Technologies Co., Lid, Verizon Communications, Inc. and other players are listed in a final report.

Apple Inc-Company Financial Analysis

Company Landscape Analysis

RECENT DEVELOPMENT

  • 2022 September In an effort to increase smartphone longevity and thereby reduce e-waste, Fairphone, a Dutch social enterprise that is developing a market for ethical smartphones, has started offering reconditioned phones, the Fairphone 3, New Life Edition, for sale on its website spare and conserve essential resources.
  • 2022 March The Apple Certified Refurbished store now has the iPhone 12 and iPhone 12 Pro models in stock. Authentic Apple part replacements (if any), a new battery, and a new outer shell are among the products bought from Apple's Certified Refurbished store required), as well as a yearly guarantee.  
    Refurbished Smartphone Market Report Scope:
    Report Attributes Details

    Market Size in 2022

     US$  64.4 billion 

    Market Size by 2030

     US$ 151.65 billion  

    CAGR 

     CAGR of 11.3% From 2023 to 2030

    Base Year

    2022

    Forecast Period

     2023-2030

    Historical Data

     2019-2021

    Report Scope & Coverage

    Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook

    Key Segments

    By Type (Refurbished Phones, Used Phones), By Pricing Range (Low-priced Refurbished and Used Mobile Phones (Less than $200), Mid-Priced Refurbished and Used Mobile Phones ($200-$500), Premium Refurbished and Used Mobile Phones (More than $500), By Sales Channel (Online/ e-Commerce Sales of Refurbished and Used Mobile Phones, Refurbished and Used Mobile Phones Sold at Physical Retail Stores), By Application (Individual, Businesses)

    Regional Analysis/Coverage

    North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)

    Company Profiles

    Com Inc., Apple Inc., Cashify, Paytm, Samsung Electronics Co Ltd Walmart, eBay, ATT Inc., Huawei Technologies Co., Lid, Verizon Communications, Inc. 

    Market Opportunities

    •E-commerce platforms are becoming more popular

    •Growing demand from developing countries                        

    •Greater reliance on smartphones among consumers worldwide

    Market Challenges:

    •Technological Developments

     

 

Frequently Asked Questions

North America is dominating the market of Refurbished Smartphone Market.

 

 E-commerce platforms are becoming more popular, Growing demand from developing countries and Greater reliance on smartphones among consumers worldwide.

 Technological Developments.

 Refurbished Smartphone Market size was valued at USD 64.4 billion in 2022

Refurbished Smartphone Market is anticipated to expand by 11.3% from 2023 to 2030.

TABLE OF CONTENT

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8.Refurbished Smartphone Market Segmentation, By Type 
8.1 Refurbished Phones
8.2 Used Phones

9. Refurbished Smartphone Market Segmentation, By Pricing Range 
9.1    Low-priced Refurbished and Used Mobile Phones (Less than $200)
9.2    Mid-Priced Refurbished and Used Mobile Phones ($200-$500)
9.3    Premium Refurbished and Used Mobile Phones (More than $500)

10. Refurbished Smartphone Market Segmentation, By Sales Channel 
10.1 Online/ e-Commerce Sales of Refurbished and Used Mobile Phones
10.2 Refurbished and Used Mobile Phones Sold at Physical Retail Stores

11. Refurbished Smartphone Market Segmentation, By Application 
11.1 Businesses
11.2 Individual

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Refurbished Smartphone Market by Country
12.2.2North America Refurbished Smartphone Market by Type
12.2.3 North America Refurbished Smartphone Market by Pricing Range
12.2.4 North America Refurbished Smartphone Market by Sales Channel
12.2.5 North America Refurbished Smartphone Market by Application
12.2.6 USA
12.2.6.1 USA Refurbished Smartphone Market by Type
12.2.6.2 USA Refurbished Smartphone Market by Pricing Range
12.2.6.3 USA Refurbished Smartphone Market by Sales Channel
12.2.6.4 USA Refurbished Smartphone Market by Application
12.2.7 Canada
12.2.7.1 Canada Refurbished Smartphone Market by Type
12.2.7.2 Canada Refurbished Smartphone Market by Pricing Range
12.2.7.3 Canada Refurbished Smartphone Market by Sales Channel
12.2.7.4 Canada Refurbished Smartphone Market by Application
12.2.8 Mexico
12.2.8.1 Mexico Refurbished Smartphone Market by Type
12.2.8.2 Mexico Refurbished Smartphone Market by Pricing Range
12.2.8.3 Mexico Refurbished Smartphone Market by Sales Channel
12.2.8.4 Mexico Refurbished Smartphone Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Refurbished Smartphone Market by Country
12.3.1.2 Eastern Europe Refurbished Smartphone Market by Type
12.3.1.3 Eastern Europe Refurbished Smartphone Market by Pricing Range
12.3.1.4 Eastern Europe Refurbished Smartphone Market by Sales Channel
12.3.1.5 Eastern Europe Refurbished Smartphone Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland Refurbished Smartphone Market by Type
12.3.1.6.2 Poland Refurbished Smartphone Market by Pricing Range
12.3.1.6.3 Poland Refurbished Smartphone Market by Sales Channel
12.3.1.6.4 Poland Refurbished Smartphone Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania Refurbished Smartphone Market by Type
12.3.1.7.2 Romania Refurbished Smartphone Market by Pricing Range
12.3.1.7.3 Romania Refurbished Smartphone Market by Sales Channel
12.3.1.7.4 Romania Refurbished Smartphone Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Refurbished Smartphone Market by Type
12.3.1.8.2 Hungary Refurbished Smartphone Market by Pricing Range
12.3.1.8.3 Hungary Refurbished Smartphone Market by Sales Channel
12.3.1.8.4 Hungary Refurbished Smartphone Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Refurbished Smartphone Market by Type
12.3.1.9.2 Turkey Refurbished Smartphone Market by Pricing Range
12.3.1.9.3 Turkey Refurbished Smartphone Market by Sales Channel
12.3.1.9.4 Turkey Refurbished Smartphone Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Refurbished Smartphone Market by Type
12.3.1.10.2 Rest of Eastern Europe Refurbished Smartphone Market by Pricing Range
12.3.1.10.3 Rest of Eastern Europe Refurbished Smartphone Market by Sales Channel
12.3.1.10.4 Rest of Eastern Europe Refurbished Smartphone Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe Refurbished Smartphone Market by Country
12.3.2.2 Western Europe Refurbished Smartphone Market by Type
12.3.2.3 Western Europe Refurbished Smartphone Market by Pricing Range
12.3.2.4 Western Europe Refurbished Smartphone Market by Sales Channel
12.3.2.5 Western Europe Refurbished Smartphone Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany Refurbished Smartphone Market by Type
12.3.2.6.2 Germany Refurbished Smartphone Market by Pricing Range
12.3.2.6.3 Germany Refurbished Smartphone Market by Sales Channel
12.3.2.6.4 Germany Refurbished Smartphone Market by Application
12.3.2.7 France
12.3.2.7.1 France Refurbished Smartphone Market by Type
12.3.2.7.2 France Refurbished Smartphone Market by Pricing Range
12.3.2.7.3 France Refurbished Smartphone Market by Sales Channel
12.3.2.7.4 France Refurbished Smartphone Market by Application
12.3.2.8 UK
12.3.2.8.1 UK Refurbished Smartphone Market by Type
12.3.2.8.2 UK Refurbished Smartphone Market by Pricing Range
12.3.2.8.3 UK Refurbished Smartphone Market by Sales Channel
12.3.2.8.4 UK Refurbished Smartphone Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy Refurbished Smartphone Market by Type
12.3.2.9.2 Italy Refurbished Smartphone Market by Pricing Range
12.3.2.9.3 Italy Refurbished Smartphone Market by Sales Channel
12.3.2.9.4 Italy Refurbished Smartphone Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain Refurbished Smartphone Market by Type
12.3.2.10.2 Spain Refurbished Smartphone Market by Pricing Range
12.3.2.10.3 Spain Refurbished Smartphone Market by Sales Channel
12.3.2.10.4 Spain Refurbished Smartphone Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Refurbished Smartphone Market by Type
12.3.2.11.2 Netherlands Refurbished Smartphone Market by Pricing Range
12.3.2.11.3 Netherlands Refurbished Smartphone Market by Sales Channel
12.3.2.11.4 Netherlands Refurbished Smartphone Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Refurbished Smartphone Market by Type
12.3.2.12.2 Switzerland Refurbished Smartphone Market by Pricing Range
12.3.2.12.3 Switzerland Refurbished Smartphone Market by Sales Channel
12.3.2.12.4 Switzerland Refurbished Smartphone Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria Refurbished Smartphone Market by Type
12.3.2.13.2 Austria Refurbished Smartphone Market by Pricing Range
12.3.2.13.3 Austria Refurbished Smartphone Market by Sales Channel
12.3.2.13.4 Austria Refurbished Smartphone Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Refurbished Smartphone Market by Type
12.3.2.14.2 Rest of Western Europe Refurbished Smartphone Market by Pricing Range
12.3.2.14.3 Rest of Western Europe Refurbished Smartphone Market by Sales Channel
12.3.2.14.4 Rest of Western Europe Refurbished Smartphone Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Refurbished Smartphone Market by Country
12.4.2 Asia Pacific Refurbished Smartphone Market by Type
12.4.3 Asia Pacific Refurbished Smartphone Market by Pricing Range
12.4.4 Asia Pacific Refurbished Smartphone Market by Sales Channel
12.4.5 Asia Pacific Refurbished Smartphone Market by Application
12.4.6 China
12.4.6.1 China Refurbished Smartphone Market by Type
12.4.6.2 China Refurbished Smartphone Market by Pricing Range
12.4.6.3 China Refurbished Smartphone Market by Sales Channel
12.4.6.4 China Refurbished Smartphone Market by Application
12.4.7 India
12.4.7.1 India Refurbished Smartphone Market by Type
12.4.7.2 India Refurbished Smartphone Market by Pricing Range
12.4.7.3 India Refurbished Smartphone Market by Sales Channel
12.4.7.4 India Refurbished Smartphone Market by Application
12.4.8 Japan
12.4.8.1 Japan Refurbished Smartphone Market by Type
12.4.8.2 Japan Refurbished Smartphone Market by Pricing Range
12.4.8.3 Japan Refurbished Smartphone Market by Sales Channel
12.4.8.4 Japan Refurbished Smartphone Market by Application
12.4.9 South Korea
12.4.9.1 South Korea Refurbished Smartphone Market by Type
12.4.9.2 South Korea Refurbished Smartphone Market by Pricing Range
12.4.9.3 South Korea Refurbished Smartphone Market by Sales Channel
12.4.9.4 South Korea Refurbished Smartphone Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam Refurbished Smartphone Market by Type
12.4.10.2 Vietnam Refurbished Smartphone Market by Pricing Range
12.4.10.3 Vietnam Refurbished Smartphone Market by Sales Channel
12.4.10.4 Vietnam Refurbished Smartphone Market by Application
12.4.11 Singapore
12.4.11.1 Singapore Refurbished Smartphone Market by Type
12.4.11.2 Singapore Refurbished Smartphone Market by Pricing Range
12.4.11.3 Singapore Refurbished Smartphone Market by Sales Channel
12.4.11.4 Singapore Refurbished Smartphone Market by Application
12.4.12 Australia
12.4.12.1 Australia Refurbished Smartphone Market by Type
12.4.12.2 Australia Refurbished Smartphone Market by Pricing Range
12.4.12.3 Australia Refurbished Smartphone Market by Sales Channel
12.4.12.4 Australia Refurbished Smartphone Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Refurbished Smartphone Market by Type
12.4.13.2 Rest of Asia-Pacific Refurbished Smartphone Market by Pricing Range
12.4.13.3 Rest of Asia-Pacific Refurbished Smartphone Market by Sales Channel
12.4.13.4 Rest of Asia-Pacific Refurbished Smartphone Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Refurbished Smartphone Market by country
12.5.1.2 Middle East Refurbished Smartphone Market by Type
12.5.1.3 Middle East Refurbished Smartphone Market by Pricing Range
12.5.1.4 Middle East Refurbished Smartphone Market by Sales Channel
12.5.1.5 Middle East Refurbished Smartphone Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE Refurbished Smartphone Market by Type
12.5.1.6.2 UAE Refurbished Smartphone Market by Pricing Range
12.5.1.6.3 UAE Refurbished Smartphone Market by Sales Channel
12.5.1.6.4 UAE Refurbished Smartphone Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Refurbished Smartphone Market by Type
12.5.1.7.2 Egypt Refurbished Smartphone Market by Pricing Range
12.5.1.7.3 Egypt Refurbished Smartphone Market by Sales Channel
12.5.1.7.4 Egypt Refurbished Smartphone Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Refurbished Smartphone Market by Type
12.5.1.8.2 Saudi Arabia Refurbished Smartphone Market by Pricing Range
12.5.1.8.3 Saudi Arabia Refurbished Smartphone Market by Sales Channel
12.5.1.8.4 Saudi Arabia Refurbished Smartphone Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Refurbished Smartphone Market by Type
12.5.1.9.2 Qatar Refurbished Smartphone Market by Pricing Range
12.5.1.9.3 Qatar Refurbished Smartphone Market by Sales Channel
12.5.1.9.4 Qatar Refurbished Smartphone Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Refurbished Smartphone Market by Type
12.5.1.10.2 Rest of Middle East Refurbished Smartphone Market by Pricing Range
12.5.1.10.3 Rest of Middle East Refurbished Smartphone Market by Sales Channel
12.5.1.10.4 Rest of Middle East Refurbished Smartphone Market by Application
12.5.2. Africa
12.5.2.1 Africa Refurbished Smartphone Market by country
12.5.2.2 Africa Refurbished Smartphone Market by Type
12.5.2.3 Africa Refurbished Smartphone Market by Pricing Range
12.5.2.4 Africa Refurbished Smartphone Market by Sales Channel
12.5.2.5 Africa Refurbished Smartphone Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Refurbished Smartphone Market by Type
12.5.2.6.2 Nigeria Refurbished Smartphone Market by Pricing Range
12.5.2.6.3 Nigeria Refurbished Smartphone Market by Sales Channel
12.5.2.6.4 Nigeria Refurbished Smartphone Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Refurbished Smartphone Market by Type
12.5.2.7.2 South Africa Refurbished Smartphone Market by Pricing Range
12.5.2.7.3 South Africa Refurbished Smartphone Market by Sales Channel
12.5.2.7.4 South Africa Refurbished Smartphone Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Refurbished Smartphone Market by Type
12.5.2.8.2 Rest of Africa Refurbished Smartphone Market by Pricing Range
12.5.2.8.3 Rest of Africa Refurbished Smartphone Market by Sales Channel
12.5.2.8.4 Rest of Africa Refurbished Smartphone Market by Application
12.6. Latin America
12.6.1 Latin America Refurbished Smartphone Market by country
12.6.2 Latin America Refurbished Smartphone Market by Type
12.6.3 Latin America Refurbished Smartphone Market by Pricing Range
12.6.4 Latin America Refurbished Smartphone Market by Sales Channel
12.6.5 Latin America Refurbished Smartphone Market by Application
12.6.6 Brazil
12.6.6.1 Brazil Refurbished Smartphone Market by Type
12.6.6.2 Brazil Refurbished Smartphone Market by Pricing Range
12.6.6.3 Brazil Refurbished Smartphone Market by Sales Channel
12.6.6.4 Brazil Refurbished Smartphone Market by Application
12.6.7 Argentina
12.6.7.1 Argentina Refurbished Smartphone Market by Type
12.6.7.2 Argentina Refurbished Smartphone Market by Pricing Range
12.6.7.3 Argentina Refurbished Smartphone Market by Sales Channel
12.6.7.4 Argentina Refurbished Smartphone Market by Application
12.6.8 Colombia
12.6.8.1 Colombia Refurbished Smartphone Market by Type
12.6.8.2 Colombia Refurbished Smartphone Market by Pricing Range
12.6.8.3 Colombia Refurbished Smartphone Market by Sales Channel
12.6.8.4 Colombia Refurbished Smartphone Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Refurbished Smartphone Market by Type
12.6.9.2 Rest of Latin America Refurbished Smartphone Market by Pricing Range
12.6.9.3 Rest of Latin America Refurbished Smartphone Market by Sales Channel
12.6.9.4 Rest of Latin America Refurbished Smartphone Market by Application

13 Company Profile
13.1 Com Inc.
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Apple Inc.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Cashify
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Paytm
13.4 Company Overview
13.4.2 Financials
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Samsung Electronics Co Ltd
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 eBay
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 AT&T Inc.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Huawei Technologies Co. Ltd
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Verizon Communications, Inc.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Walmart
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View

14. Competitive Landscape
14.1 Competitive Bench marking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. USE Cases and Best Practices

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

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