The market for used and refurbished smartphones experienced immense growth in the first quarter of 2023 as consumers cut down on expenses and look to be more environmentally friendly, new figures have claimed.
The latest report from market analysts CSS Insight claims this industry generated $13.3 billion in revenue in just the first three months of 2023, an impressive 14% year-on-year growth - particularly as sales of brand-new smartphones dropped by 2% over the same period.
