Itochu buys out New York-based smartphone reseller, eyeing US market

The top 3

  1. Top OEMs Dominating Refurbished Market Share: Apple controlled 42% of the global refurbished smartphone market in 2023, while Samsung accounted for 28% of certified refurbished smartphone sales worldwide in the same year.
  2. Leading Online Platforms for Used Phones: Online marketplaces and certified refurbishers collectively handle nearly 65% of all used smartphone transactions in the U.S., with platforms like Amazon Renewed, Back Market, Swappa, and eBay being prominent.
  3. Key Companies in US Refurbished Market: In the North American market, major players include Samsung, Apple, Amazon.com, Verizon, and AT&T, with companies like ecoATM and Gazelle also promoting recycling and resale.

Sources

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