Second-hand phone sales generated staggering $13 billion revenue in 2021

Smartphone second-hand sales rising
(Image credit: Dazeley/ Getty Images)

If you're looking to sell your old smartphone for some extra cash, now might be the perfect time. According to new research from data analyst firm CCS Insight, the growth in market for second-hand and refurbished smartphones is higher than ever.

A surge in larger companies investing in the sale, refurbishment and recycling of second-hand phones will soon be dominating in the market share, generating more revenue than the primary smartphone market as well as peer-to-peer and small-scale high-street sellers!

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Beth Nicholls
Staff Writer

A staff writer for Digital Camera World, Beth has an extensive background in various elements of technology with five years of experience working as a tester and sales assistant for CeX. After completing a degree in Music Journalism, followed by obtaining a Master's degree in Photography awarded by the University of Brighton, she spends her time outside of DCW as a freelance photographer specialising in live music events and band press shots under the alias 'bethshootsbands'.