Global refurbished smartphone market volumes rose by 4% in 2020

The global refurbished smartphone market saw healthy growth across most regions in the second half of 2020. The market more than made up for the slump in the first half of 2020 with a modest 4% increase in 2020 compared to 2019 volumes. Counterpoint expects a higher increase in 2021. The Surge in the second half of 2020 Due to the sharp deceleration in the first half of 2020, mainly due to COVID-19 , the refurbished smartphone market saw a rise in demand and supply in the second half of 2020. Commenting on the dynamics of the market, Senior Research…