Overall, the COVID-19 pandemic has had a powerful impact on the global economy and hit businesses hard. This includes the mobile phone industry, which has been hit by factory closures, supply interruptions, and store shutdowns.
Regardless, the used and refurbished phone industry is doing better. Used phones have been a growing segment in the mobile market in the past few years. While shipments of new devices had initially stabilized and then began to fall, sales of used phones have shown strong growth since the first half of this decade.
NSYS team keeps our finger on the pulse of the mobile industry. At the height of the pandemic in May, we shared data based on our personal statistics. In November, we conducted a study based on data of the prices, volumes, and sales of used and refurbished smartphones during the COVID-19 pandemic.
What is the digest about?
- Top challenges faced by the mobile industry during the pandemic
- Main drivers of market development in 2020
- Analytics of average sales prices and volumes of Apple & Samsung phones
- Growth in volume of the phones sold by our clients
Stay tuned for the NSYS blog to be on the cutting-edge of the industry. New digest coming soon.