The best-selling second-hand phone brands have been announced: the huge market revolves around two brands!
September 19, 2024
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Market research agency CCI Insight, about the second-hand phone market shared the results of his latest research. The research shows that the global market for second-hand phones It
Market research agency CCI Insight, about the second-hand phone market shared the results of his latest research. The research shows that the global market for second-hand phones It operates through two brands. revealed.
These brands were, as you might guess, Apple and Samsung. The total share of the two brands in the second-hand phone market, 80 percentwas. The total market share of other brands such as Xiaomi, Huawei, vivo, OPPO, realme is only remained at 20 percent.
Apple is the market leader in second-hand phones
Brand
market share
Apple
62 percent
Samsung
18 percent
Other
20 percent
As you can see in the table above, this is the leader in the second-hand phone market by far Apple. Although Samsung is in second place on the list, it is far from the top. Even if other brands come together, they will not be able to compete with Apple. they can’t overtake It seems so.
Second hand phone prices have dropped!
Research conducted for the second quarter of 2024, Second hand phone prices have dropped also revealed. In this context; The average price decreased by 13 percent. Total size of the market $7.7 billion It was recorded as.
Emma Ortiz is a gadget expert and author at Div Bracket. She provides in-depth coverage of the latest and greatest in consumer technology, offering readers an inside look at the latest trends and innovations in the world of gadgets.