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Efosa Udinmwen

Blame AI? Used smartphone prices set to rise dramatically as new smartphone market expected to crash by 15% in 2026

Best phones in Australia 2023.
  • Analyst report claims primary smartphone market is expected to decline 14.8% in 2026
  • Entry level smartphone prices have already risen more than 50% this year
  • Refurbished smartphone sales grew 4% year-on-year during the first quarter of 2026

The global smartphone market is heading toward a difficult 2026 as rising component costs force manufacturers to increase device prices, new research has claimed.

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