Covid Led Growth: There was a positive influence of Covid-19 in this market due to the shift from in-office work to work-from-home and online classes which influenced the purchase of used smartphones. During Covid-19, there was a fall in the income of consumers and therefore they were more inclined towards used smartphones.
Rising Government Support: Government policies including the promotion of the digital economy, the development of smart cities, and the allocation of 5G frequencies ensure that mobile telecoms infrastructure extends across Thailand, helping to stimulate stronger demand from consumers in new parts of the country.
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjM1
Affordable Prices for Low to Mid-Income People: Used smartphones are cheaper than new smartphones and some people have a tendency of changing their smartphones frequently thus buying a used smartphone becomes feasible for them and this purchase pattern boosts the market. The high proportion of low to mid-income group, who cannot afford new smartphone, buy theses used phones.
Changing Technology for Smartphones and Gadgets: Scope for refurbished phones in Thailand has grown multifold. With the launch of new smartphone models, rapidly changing technology and gadgets becoming outdated than usual has given opportunity to this market.
Analysts at Ken Research in their latest publication- “Thailand Used Smartphone Market Outlook to 2027F- Driven by increasing smartphone penetration, reduction in electronic waste and adoption of 5G network” by Ken Research provides a comprehensive analysis of the potential of the used smartphones market in Thailand. Reduction in electronic waste and increasing prices of raw materials of a new smartphone are expected to contribute to the market growth over the forecast period. Thailand used smartphones market is expected to grow at a robust CAGR over the forecasted period 2022P-2027F.
Key Segments Covered:-
Segmentation by Type of Distribution Channel
Organised
Unorganised
Segmentation by Type of Marketing Channel
Offline dealers
Online marketplace
Classifieds
Segmentation by Source of Lead Generation:
Dealership walk-in
Online
Segmentation by Type of Sales
B2C
C2C
Segmentation by Type Battery Capacity
5000mAh
Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MjM1
Segmentation by Age of Smartphone
0-12 months
12-24 months
24-36 months
36+ months
Segmentation by Sourcing Medium
Retail Customers
Business
OEM’s
Telephone Operators
Segmentation by Type of Network
2G
3G
4G
5G
Segmentation by Screen Size
5.5 inch
Segmentation by Operating System