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Kix Mobile Stores
Buy / Sell / Trade / Xchange-Repair™
Used & New Smartphones | Xchange-Repair™ | Pre-Paid Phone Plans | Accessories
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DID We Say? - THIS MARKET IS HUGE!
Mobile technology is growing faster than any other industrial or technology segment has ever grown in human history. - Morgan Stanley Study
Refurbished Smartphone Market Set to Make a Big Jump – CDN 8/1/2017
PMR’s latest report called The Global Used Mobile Phone and Refurbished Market found the market for refurbished and used cell phones expanding by 8.9 percent CAGR through 2017-2025 and global sales of used and refurbished mobile phones in 2017 account for revenues worth US$19.7 billion. PMR added the market is expected to reach US$40 billion by the end of 2025.
Cellphone Trade-Ins Driving New Retail Opportunities
The worldwide market for refurbished cellphones sold to end users will grow to 120 million units by 2017 with wholesale revenue of about $14 billion, up from 56 million units with a $7 billion wholesale value in 2014, Gartner forecasts.
Used smartphones: the $17 billion market you may never have heard of – Deloitte Global 2016
“Worth $17 billion in 2016, and with 50 percent year-on-year growth in units, the used smartphone market is forecast to grow four to five times faster than the overall smartphone market“
Cellphone Repair Market Growth – NewBay Media Twice Magazine 4/18/16
- Americans have spent $5.9B on damaged iPhones
- 30% of iPhone owners have accidentally damaged their phone in the past year
- 17% of iPhone owners have damaged their phone more than once in the last year
- Accidental damage is 10 times more common than phone loss or theft
- 50% of college students have damaged a smartphone
Industry Analysis & Industry Trends – IBISWorld Market Research
The Cell Phone Repair industry has experienced strong growth during the past decade as smartphone and tablet usage have increased. The rising popularity of expensive but fragile smartphones has given the industry a significant boost since 2010. In the coming years, rapid technological change, the falling price of cell phones and rising disposable incomes are expected to encourage the replacement rather than repair of devices.
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Contact us today and learn about becoming a store owner or Area Representative by completing the form below, or calling Dan Durney, CFE at 480-331-3171. Items marked with an asterisk are required fields.