According to a new report from market research company, DC global shipments of second-hand smartphones (including refurbished and used phones) reached 206.7 million units in 2019, an increase of 17.6% over the 2018 shipments of 175.8 million units. The IDC report also predicts that by 2023, second-hand smartphone shipments will reach 332.9 million, with a compound annual growth rate (CAGR) of 13.6% in 2018-2023.
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