The Used And Refurbished Smartphone Market Is Anticipated To Register A Cagr Of 10.23% During 2023-2028- Market Size, Share, Forecasts, And Trends Analysis Report By Mordor Intelligence.

The Used and Refurbished Smartphone Market is expected to register a CAGR of 10.23% in the coming decade due to the increased demand for previously owned units and the upgrade cost increase of premium phones. Factors such as supply issues and reduced customer demand due to high inflation rates have also contributed to the growth of the market. Emerging trends such as 5G and AI cloud computing are expected to continue driving the growth of the market in the coming decade.