In financial year 2021, India's used smartphone market reached five billion U.S. dollars, of which 90 percent went through unorganized channel. The same year, Indian customers purchased over 15 billion dollars worth of new smartphones online. It was estimated that in 2026 the market will be doubled in the size.
Market of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026, by sales channel
(in billion U.S. dollars)
Characteristic
Organized channel
Unorganized channel
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Redseer. (May 9, 2022). Market of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026, by sales channel (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1310167/india-market-of-used-smartphone-by-sales-channel/
Redseer. "Market of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026, by sales channel (in billion U.S. dollars)." Chart. May 9, 2022. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1310167/india-market-of-used-smartphone-by-sales-channel/
Redseer. (2022). Market of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026, by sales channel (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1310167/india-market-of-used-smartphone-by-sales-channel/
Redseer. "Market of Used Smartphone in India between Financial Year 2016 and 2021, with An Estimate for 2026, by Sales Channel (in Billion U.S. Dollars)." Statista, Statista Inc., 9 May 2022, https://www.statista.com/statistics/1310167/india-market-of-used-smartphone-by-sales-channel/
Redseer, Market of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026, by sales channel (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1310167/india-market-of-used-smartphone-by-sales-channel/ (last visited July 23, 2024)
Market of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026, by sales channel (in billion U.S. dollars) [Graph], Redseer, May 9, 2022. [Online]. Available: https://www.statista.com/statistics/1310167/india-market-of-used-smartphone-by-sales-channel/