In financial year 2021, India's used smartphone market reached five billion U.S. dollars, with 50 million units sold, a significant increase in comparison with 2016's two billion dollars. 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 size of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026
(in billion U.S. dollars and in million units)
Characteristic
Market size in billion U.S. dollars
Number of phone sold in million units
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Redseer. (May 9, 2022). Market size of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026 (in billion U.S. dollars and in million units) [Graph]. In Statista. Retrieved September 07, 2024, from https://www.statista.com/statistics/1310156/india-market-size-of-used-smartphone/
Redseer. "Market size of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026 (in billion U.S. dollars and in million units)." Chart. May 9, 2022. Statista. Accessed September 07, 2024. https://www.statista.com/statistics/1310156/india-market-size-of-used-smartphone/
Redseer. (2022). Market size of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026 (in billion U.S. dollars and in million units). Statista. Statista Inc.. Accessed: September 07, 2024. https://www.statista.com/statistics/1310156/india-market-size-of-used-smartphone/
Redseer. "Market Size of Used Smartphone in India between Financial Year 2016 and 2021, with An Estimate for 2026 (in Billion U.S. Dollars and in Million Units)." Statista, Statista Inc., 9 May 2022, https://www.statista.com/statistics/1310156/india-market-size-of-used-smartphone/
Redseer, Market size of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026 (in billion U.S. dollars and in million units) Statista, https://www.statista.com/statistics/1310156/india-market-size-of-used-smartphone/ (last visited September 07, 2024)
Market size of used smartphone in India between financial year 2016 and 2021, with an estimate for 2026 (in billion U.S. dollars and in million units) [Graph], Redseer, May 9, 2022. [Online]. Available: https://www.statista.com/statistics/1310156/india-market-size-of-used-smartphone/