From Discard to Demand: The Growing Popularity of Used Smartphones

State of the India Smartphone Market

India ships around 145-150 million new smartphones per year for the domestic market, ranking it second globally after China in annual shipping volume. There are approximately 650 million smartphone users in India or about 46% smartphone penetration in the country. There is no other market of this size with such huge untapped potential, making India a very attractive market for all smartphone ecosystem participants from brands to component makers.

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