GURUGRAM, India , July 27, 2022 /PRNewswire/ --
Companies will continue to invest in digital marketing strategies to improve their service visibility and promoting sales. Advertisements on social media platforms such as Instagram, Facebook, LinkedIn and Twitter will enable companies to enhance brand awareness and attract potential customers. Internet penetration is high in Indonesia , almost 73% of the population uses internet. Customers will continue to get products online due to increasing convenience and accessibility
There are very few online marketplaces/classifieds that deal in used smartphones. A new company entering the market can easily establish itself in the market with a better business model and strategy. Companies have incentives to enter the industry, as it is still at a nascent stage and is expected to grow.
Increase in prices of raw materials of new smartphones
Chipmakers are expected to increase manufacturing fees, leading to pricier chipsets and devices that employ them. This means that new smartphones, computers, and other electronics will cost more in the future. This will increase the demand for used smartphones in Indonesia .
5G speed is 10 times more than 4G network. Hence, adoption of 5G in used smartphones will enable faster speed, low latency, and ubiquitous coverage. Indonesia's 5G-capable mobile phones spend more time on AR apps and enhanced media compared to those with 4G phones.
The publication titled "Indonesia Used Smartphone Market Outlook to 2026: Driven by increasing smartphone prices and changing consumer buying behaviour" provides a comprehensive analysis of the used smartphone industry by analyzing historical statistics and corresponding developments in the used smartphone market. The market growth declined during COVID as people were reluctant to step out of their houses and all the offline dealer stores were shut. People increased their purchases for used smartphones through online platforms during that period. Given the fragmented completion structure in the used smartphone industry, analysts have elaborated on competitive landscape of major online platforms and offline players on the basis of business model and operational parameters. The report also covers a snapshot on online platforms and offline players business model, value chain analysis, growth drivers, Porters 5 forces analysis, impact of COVID-19 and factors governing the future outlook of industry. The report also provides comprehensive insight on the market size and segmentation of the industry. The report highlights the pain points of the used smartphone industry along with detailed company profiles of major offline players and online platforms. The report concludes with projections for future industry market size, market segmentations and analyst take on future market scenario.
Key Segments Covered in Indonesia Used Smartphone Market:
By Type of Distribution Channel Unorganized Organized
By Type of Marketing Channel Online Marketplace Offline Dealers Classifieds
By Source of Lead Generation Online Dealership Walk-ins
By Sourcing Medium OEM's Telephone Operators and Businesses
By Type of Sales B2C C2C
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By Brand of Smartphones Apple Samsung Xiaomi Oppo Others
By Age of Smartphones 0-12 Months 12-24 months 24-36 Months 36+ Months
By Price of Smartphones < Rp 1Mn Rp 1Mn -3Mn Rp 3Mn-6Mn >Rp 6Mn
By Purchases Across Geographies Java Jakatra Sumatra Others
By Type of Network 2G 3G 4G
By Battery Capacity <3000 mAh 3000-5000 mAh >5000 mAh
Request for Sample Report: - https://www.kenresearch.com/sample-report.php?Frmdetails=NTUwNTY5
By Operating System iOS Android Others
By Screen Size 4.5-5.5 inch <4.5 inch >5.5 inch
Time Period Captured in the Report: Historical Period: 2016-2021 Forecast Period: 2022F-2026F
Online Platforms Laku6 Jagofon.com Shopee Tokopedia Bukalapak OLX Carousell
Offline Players Erafone Sentra Ponsel DigiMap Renan Store Ekacelluler
Key Topics Covered in the Report:
Ecosystem of Used Smartphones Industry
Business Lifecycle and Value Chain Analysis of Used Smartphones Industry
Business Models of Major Entities in the Used Smartphones Industry
Ratio of Used and New Smartphones in Indonesia
Customer Preferences and Buying Decision Behavior in Used Smartphone Industry
Market Size of New Smartphones Industry by Transaction Value and Sales Volume
Introduction on Indonesia Used Smartphones Market
Market Size of Used Smartphones Industry by Transaction Value and Sales Volume
Market Segmentation of Used Smartphone Industry by distribution channel, type of marketing channels, source of lead generation, sourcing medium, sales, brand of smartphones, prices of used smartphones, age of used smartphones, across geographies, type of network, battery capacity, operating system, screen size
Process of Quality Checks and Documentation Requirements Undertaken by Used Smartphone Entities in Indonesia
Competitive Scenario of the Online Used Smartphone Industry
Issues and Challenges in Online Used Smartphone Market
Trends and Developments in the Used Smartphone Industry
SWOT Analysis of the Used Smartphone Industry
Porter's Five Forces analysis of the Used Smartphone Industry
Growth Drivers of Used Smartphone Industry
Challenges and Restraints in the Used Smartphone Industry
Government Rules and Regulations in the Used Smartphone Industry
Impact of Covid-19 and Government Regulations on Used Smartphone Industry
Future Market Size of Used Smartphones Industry by Transaction Value and Sales Volume
Future Market Size of Online Used Smartphones Industry by Transaction Value and Sales Volume
Future Market Segmentation of Used Smartphone Industry by distribution channel, type of marketing channels, source of lead generation, sourcing medium, sales, brand of smartphones, prices of used smartphones, age of used smartphones, across geographies, type of network, battery capacity, operating system, screen size
For more information refer to this link: Indonesia Used Smartphone Market
India Audio Accessories Market Outlook to 2023 - By Type (Headphones, Earphones, Bluetooth Speaker and 2.1 Speaker), By Sales Channel (Online and Offline), and By Region (North, South East and West)
Audio accessories market in India is still in its growth phase with a large untapped potential. The market has grown at robust double digit growth rate especially in the consumer audio accessories segment. Constant evolution of integration and audio technology, rising smartphone penetration and discontinued practise of providing the earphones as part of bundled offering with mobile phones are key drivers for high demand for audio accessories.
Saudi Arabia LED Lighting Market Outlook to 2023- By Type of LEDs (Lamps and Luminaires), By Usage (Indoor and Outdoor), By Sector (Commercial, Residential, Industrial, Healthcare, Hospitality and others), By Region, By Sales (Project and Retail)
Saudi Arabia LED Lighting market is a flourishing space currently in growth stage. The increase in the number of residential establishments and growth in commercial projects focusing on green lighting has created high demand for the usage of LED lighting products. Electricity supply crisis especially during the summer season and reduction in subsidies on electricity prices increased the need for energy efficient lighting sources. Government has announced plans for the development of infrastructure and transportation with major projects such as development of Makkah and Riyadh Metro systems, expansion of King Abdulaziz International Airport, development of international tourist destinations in Red Sea Islands, entertainment city in Al Qidya. These provide a positive outlook for the lighting market. The increase in the expenditure by government for replacement of traditional lighting sources with the LED lighting fixtures especially in the street lighting is another growth driver for the market. The Saudi Arabia LED lighting market registered a CAGR of close to 18% from 2013-2018.
UAE LED Lighting Market Outlook to 2023- By LEDs Lamps (LED Reflectors, LED Tubes, Others); Luminaires (Downlights, Troffers, Outdoor Area Lights, Roadway Fixtures, Spot Lights and Other Luminaires), By Usage (Indoor and Outdoor), By End Users
The UAE LED Lighting market is a booming industry backed by government initiatives. The government banned the sales of incandescent bulbs in the region in 2014 which created an opportunity for the LED lighting market to grow. The initiatives of government such as Green Building Code, UAE Vision 2021 and others, all focuses on the sustainability where the environment protection is a major concern. This led to major changes in the type of product offering by the companies in the region. The government investment to revamp the present lighting system with the LED lighting is a huge booster for the market. There are various Private Public Partnerships to support the cause. The growing awareness for the benefits of LED lighting such as no mercury usage, less emission of CO2, the savings in the electricity bill is making the product attractive to the masses. UAE LED Lighting market recorded a CAGR of 12.8% in terms of sales value during 2013-2018.
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