mobex.rathod
REFURBISHED SMARTPHONE MARKET HAS SEEN HUGE GROWTH AFTER COVID-19
In terms of population, India is the second largest country in the world which is why the demand for smartphones is huge in this nation. Especially after the Covid-19 pandemic, a lot of things became digitized and the demand for refurbished smartphones became equally high.
Currently, India has established itself as one of the best markets when it comes to refurbished and used smartphones. Between 2021 to 2031, the refurbished smartphones market in India is expected to grow 4.5x with a CAGR of 16 percent.
The reason behind the increase in the sales of refurbished smartphones in the Indian refurbished market
There are multiple reasons why the sales of refurbished smartphones have increased especially after the Covid-19 pandemic. Work from home, online education, etc. all have increased the need for a smartphone in our daily lives. Furthermore, refurbished smartphones have proven to be a cost-effective alternative for customers who may not be able to afford brand-new devices.
Not everyone can afford a new iPhone or a premium flagship Android smartphone. Affordable refurbished smartphones help them to get their job done while receiving value for their money.
REFURBISHED SMARTPHONE MARKET HAS SEEN HUGE GROWTH AFTER COVID-19
In terms of population, India is the second largest country in the world which is why the demand for smartphones is huge in this nation. Especially after the Covid-19 pandemic, a lot of things became digitized and the demand for refurbished smartphones became equally high.
Currently, India has established itself as one of the best markets when it comes to refurbished and used smartphones. Between 2021 to 2031, the refurbished smartphones market in India is expected to grow 4.5x with a CAGR of 16 percent.
The reason behind the increase in the sales of refurbished smartphones in the Indian refurbished market
There are multiple reasons why the sales of refurbished smartphones have increased especially after the Covid-19 pandemic. Work from home, online education, etc. all have increased the need for a smartphone in our daily lives. Furthermore, refurbished smartphones have proven to be a cost-effective alternative for customers who may not be able to afford brand-new devices.
Not everyone can afford a new iPhone or a premium flagship Android smartphone. Affordable refurbished smartphones help them to get their job done while receiving value for their money.