Apple, Samsung, LG and others are taking over the mobile phone market and the refurbished smartphone trend is on the rise.
According to data compiled by e-commerce and mobile service provider Re-Logic, the number of smartphones that have been refurbished grew from 2.8 million in February to 3.5 million in September, a total of 14.8 percent.
The company expects the trend to continue.
Re-Logics data shows that the number in the refurbish category reached 1.2 million in the third quarter, a growth rate of 12.6 percent, and will reach 1.3 million by the end of the year.
This figure will be even higher if the trend continues.
The growth in the number and type of refurbished phones in the marketplace reflects the increasing popularity of refurbishing smartphones, said Re-logics CEO Kevin Koehler.
“The refurbished phone market is rapidly growing, and it’s not slowing down,” Koehlman said.
“The trend is picking up momentum.
In the past, there were more people looking for refurbishments, but this is the first time in history we have seen a significant uptick in the demand.”
For consumers looking for an affordable refurbished Android smartphone, the trend is clear.
There are many phones available for purchase that are cheap, but there are also refurbished models that have more advanced specs.
Releasable refurbished versions of the iPhone 6 Plus, the Galaxy S6 Edge, the LG G6 and the HTC 10 are among the smartphones that can be found for under $200.
Those models offer features that many other consumers can’t afford, including faster performance, lower price and improved battery life.
Some people might not be able to afford the new phones, but that’s OK.
The iPhone 5s was available for $600 when it launched, and many other phones in its price range are now available for less than $200, according to Koehn.
The trend towards refurbished devices also means there is a growing demand for refurbishable Android phones.
As a result, Android manufacturers are working hard to develop new models for consumers.
The new smartphones, which are available for a limited time, include a variety of specs.
One of the biggest selling points is the inclusion of new software features, including Google Now and voice search, but the phones are still limited to just two SIM slots, which means you can’t get more than three phone plans.
The phone market, however, is expanding faster than any other segment of the market.
Apple’s iPhone 6s has been a success and its replacement, the iPhone 7 Plus, has also been well received.
Samsung has a solid reputation for quality and customer service, but its Galaxy S7 and Galaxy S8 devices have struggled to make an impact.
LG is also making a name for itself with high-end smartphones, but it has yet to make waves in the mobile market.
Relevant links: Re- Logics data