Second hand smartphone market is hot | Almost 10% of the entire smartphone market

According to data from all major research institutions, despite the sharp decline in the global smartphone market in the last quarter, the old smartphones and refurbished markets are growing at an alarming rate.

These data show that: In the last quarter of 2017, the smartphone market sales fell by 5% to 9%.

This is a very significant decline. The latest research report from market research institute Counterpoint Research pointed out: The global refurbished smartphone market has increased by 13% in 2017 compared to the same period of last year, close to 10% of the entire smartphone market, and the total sales volume is close to 140 million.

Some of these second-hand mobile phones are normally used after they have been repaired. Most of them can work normally. The service life of mobile phones is long, and the replacement is fast. The mobile phone controllers may have bought new mobile phones when their mobile phones are not broken. However, the increase in sales of used mobile phones has also reduced the demand for new smartphones.

As Counterpoint's research director Tom Kang put it: “The slowdown in innovation has made the flagship smartphone two years ago comparable in design and functionality to the latest mid-range handsets. As a result, the mid- to low-end market for new smart phones is being The refurbished high-end phones erode, mainly Apple phones, followed by Samsung smartphones.

Other factors also promote the secondary market. Third-party repair shops make it much cheaper to repair mobile phones, whether it is replacing the screen or the battery. At the same time, the major mobile phone manufacturers are gradually improving after-sales.

Another important factor is that the new smartphones are not as tempting as they used to be. Rob Triggs also recently stressed that the smartphone market has experienced a phenomenon of innovation saturation.

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