Economic uncertainty, improved build quality, and an increasing appeal for sustainable living will hurt the global smartphone market, while at the same time propelling the worldwide used phone market to new heights, according to a new market forecast from analysts CSS Insight.
The company expects mobile phone shipments to hit 1.35 billion units in 2023, down 4% from last year, reaching the absolute lowest annual level for the past ten years. Of those devices, 1.16 billion will be new devices.
