The refurbished mobile phones market share of 2022

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The article is about the impact of the COVID-19 on the Refurbished Mobile Phones market share and which brand won the race. Read to know more about it.

Refurbished mobile phones have quite taken over the market, especially with the quarantine and lockdown that happened because of the pandemic. The market scenario and growth have proved that people look up to budget-friendly deals avoiding the hype and newness. Users have been searching for reliable sources and budget-friendly devices which will also be long-lasting. Refurbished mobile phones makeup to the category and list of such users and so Are use part of the market share is now taken over by the refurbished mobile phones industry.

 

Almost all the brands of android smartphones and iOS have their own category of refurbished smartphones that people choose to buy.  Users decide to sell used mobile phones and buy or switch to another smartphone of their choice which could be from the refurbished category as refurbished smartphones will always be costing lesser than brand-new smartphones. This is one of the reasons why refurbished smartphones have been trending and also users prefer to opt for Smartphone repair service rather than switching to a completely brand-new smartphone.

 

The below-mentioned brands are one of the use shareholders when it comes to the refurbished category as users choose them more than 50% of the time: -

 

  1. Apple

Apple iPhone is being on the top of the list as they are one of the most expensive smartphones in the market with the unique operating system of iOS and high maintenance cost as even only the iPhone screen repair could cost almost half of the price of the whole smartphone. Hence, users look forward to buying refurbished Apple iPhones rather than choosing to buy the latest launched iPhones. Apple iPhones are also one of the smartphones that people sell as used smartphones. Apple iPhones are bought more by female buyers. At least, 29% of women users choose to buy all refurbished iPhones.

 

  1. Samsung

The brand Samsung speaks for itself as it is one of the most popular brands when it comes to android smartphones. It has been maintaining its presence in the market for more than a decade now by maintaining the best of its features and also launching smartphones from low to high price range which is suitable for the majority. The high-end series of Samsung that can be heard as the note series and the S series are some of the most sold refurbished smartphones. Samsung phones are mostly used by consumers in the 25 to 34 years age group.

 

  1. Xiaomi

Xiaomi has been there in the market for a few years now and has become much more popular than many other smartphone brands present in the competitive market. Xiaomi has a wide range of smartphone models from low to high range with the latest features. Some of the Xiaomi smartphones could be out of range for some users and that is why Xiaomi has been speeding up to the top in the refurbished market as it is one of the most demanded smartphones in the refurbished category of android smartphones.

 

Xiaomi was the top-selling smartphone brand in the pre-owned segment. At least a 27% market share was under the brand followed by other brands like Apple and Samsung at 16% each and Motorola at 12% according to a Behaviour study for the pre-owned phone market researched and analyzed by many online websites that usually deal mainly in the category of refurbished smartphones.

 

Conclusion

Refurbished mobile phones are always preferred as they provide quality as well as the definite price range that the users fix on investing for their desired smartphone.

Though, there are ample other brands that are also known for their refurbished smartphones as people choose to sell used mobile phones online and then switch to a new smartphone or a refurbished smartphone. Websites such as Quick Mobile deal in an authentic range of refurbished smartphones along with services like Guidance to sell used phones and mobile repair services.

 

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