283 mn used smartphones shipped last year globally

New Delhi: The global shipments of used smartphones, including officially refurbished and used smartphones, were expected to reach 282.6 million units in 2022, according to a report.

The unit growth represents an 11.5 per cent increase over the 253.4 million units shipped in 2021, according to the IDC.

This growth is expected to continue, as IDC forecasts that used smartphone shipments will reach 413.3 million units worth $99.9 billion in 2026 with a compound annual growth rate (CAGR) of 10.3 per cent from 2021 to 2026.