Malaysia Used Smartphone Market Trends, Size, Share, Revenue and Growth Opportunities Till 2032
Malaysia Used Smartphone Market Size- By Distribution Channel, By Type of Marketing Channel, By Source of Lead Generation, By Sourcing Medium, By Type of Sales, By Brand, By Age, By Price- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: IACT2373 | Pages: 1 - 101 | Formats*: |
| Category : Information & Communications Technology | |||
Malaysia Used Smartphone Market Overview
According to SPER Market Research, the Malaysia Used Smartphone Market is estimated to reach USD XX billion by 2032 with a CAGR of 13.05%.
Malaysia Used Smartphone Market is anticipated to grow during the forecasted period due to growing smartphone and internet penetration, digital transformation brought on by the adoption of 5G network, a high percentage of low- to middle-income consumers, and rising prices of new smartphones. The government of Malaysia has taken steps to stimulate the economy by embracing digital technology in many facets of daily life. Used smartphones are becoming more popular, which has led to a gradual rise in smartphone prices.
The underlying forces behind this expansion were noted to include accessible devices and bundles, subsidies, fierce rivalry, and marketing among service providers. Increased reliance on and usage of smartphone-based applications may also be a factor. The use of feature phones, on the other hand, was on the decline. More than half of people across all age categories were using smartphones. Younger respondents were found to use smartphones more frequently than older respondents, and the trend in older age groups is showing a decline. Nonetheless, older people are the main users of feature phones.
People have begun to purchase used smartphones since they are more affordable while new smartphones have become more expensive. A strong demand in the future is anticipated to cause the average price of used cellphones to rise. Used devices continue to offer affordable choices to consumers and companies trying to cut costs when buying a smartphone. In contrast to other channels, vendors like Apple, Samsung, and Xiaomi have developed their own programs with aggressive trade-in offers. Around the world, people have begun to take action to protect natural resources and use recycled goods. Purchasing old smartphones is another action Malaysians are taking. This will result in less electronic waste being generated, and the market for used smartphones will expand.
Impact of COVID-19 on the Malaysia Used Smartphone Market
As a result of increased digitalization, online learning, remote employment, and virtual sociability during the COVID-19 epidemic, smartphones have become an essential element of daily life. Integration of technology and digital solutions necessitated 5G device compatibility, which became a driving force behind the increase in smartphone sales. Yet, because there are a lot of consumers with low to moderate incomes, they choose to shop online for discounted used and refurbished cellphones rather than brand-new ones. This in turn has increased Malaysia's demand for used smartphones.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Distribution Channel, By Type of Marketing Channel, By Source of Lead Generation, By Sourcing Medium, By Type of Sales, By Brand, By Age, By Price |
| Regions covered | Kuala Lampur, Petaling Jaya, Seberang Perai |
| Companies Covered | Adpost, Adsglobe, Alibaba, Allo Allo, Amazon.com, Apple, APR Electronic Services Sdn. Bhd., Berry Nice Enterprise, Carousell, CompAsia, Facebook marketplaces, Factory Mobile Dataran Austin, APR Electronic Services Sdn. Bhd., Free Ads Time, Halomobile, Harvey Norman, Huawei, Kaskus, Lazada, Machines Suria KLCC Apple Premium Reseller Store, Mobile Wholesale City, OLX, Oneplus, Oppo, RealME, Sam Digital Enterprise, Samsung, SG World & Finance, Shopee, Vivo |
Target Audience-
- Cell Phones Industries
- Existing Cell Phone Companies
- Fintech Companies
- Government Bodies and Regulatory Authority
- Investors and Financiers
- New Market Entrants
- Smartphones companies
- Smartphones Manufacturers
- Smartphones Service Providers
- Venture Capitalist
Malaysia Used Smartphone Market Segmentation:
1. By Distribution Channel:
- Organized
- Unorganized
2. By Type of Marketing Channel:
- Classified
- Offline Dealers
- Online Marketplace
3. By Source of Lead Generation:
- Dealership Walk-Ins
- Online
4. By Sourcing Medium:
- Businesses
- OEM’s
- Retail Customers
- Telephone Operators
5. By Type of Sales:
- B2C
- C2C
6. By Brand:
- Apple
- Samsung
- Xiaomi
- Others
7. By Age:
- 0 – 12 months
- 12 – 24 months
- 24 – 36 months
- 36 – 48 months
- >48 months
8. By Price:
- Lower end phone
- Mid-range phone
- Premium phone
- Upper end phone
9. By Region:
- Kuala Lampur
- Petaling Jaya
- Seberang Perai
Key Topics Covered in the Report:
- Size of Malaysia Used Smartphone Market (FY’2019-FY’2032)
- Overview of Malaysia Used Smartphone Market
- Segmentation of Malaysia Used Smartphone Market By Distribution Channel (Organized, Unorganized)
- Segmentation of Malaysia Used Smartphone Market By Type of Marketing Channel (Classified, Offline Dealers, Online Marketplace)
- Segmentation of Malaysia Used Smartphone Market By Source of Lead Generation (Dealership Walk-Ins, Online)
- Segmentation of Malaysia Used Smartphone Market By Sourcing Medium (Businesses, OEM’s, Retail Customers, Telephone Operators)
- Segmentation of Malaysia Used Smartphone Market By Type of Sales (B2C, C2C)
- Segmentation of Malaysia Used Smartphone Market By Brand (Apple, Samsung, Xiaomi, Others)
- Segmentation of Malaysia Used Smartphone Market By Age (0 – 12 months, 12 – 24 months, 24 – 36 months, 36 – 48 months, >48 months)
- Segmentation of Malaysia Used Smartphone Market By Price (Lower end phone, Mid-range phone, Premium phone, Upper end phone)
- Statistical Snap of Malaysia Used Smartphone Market
- Malaysia Used Smartphone Market Growth Analysis
- Problems and Challenges in Malaysia Used Smartphone Market
- Malaysia Used Smartphone Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Malaysia Used Smartphone Market
- Details on Recent Investment in Malaysia Used Smartphone Market
- Competitive Analysis of Malaysia Used Smartphone Market
- Major Players in the Malaysia Used Smartphone Market
- SWOT Analysis of Malaysia Used Smartphone Market
- Malaysia Used Smartphone Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Malaysia Used Smartphone Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Malaysia Used Smartphone Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Malaysia Used Smartphone Market
7. Malaysia Used Smartphone Market, By Distribution Channel, 2019-2032 (USD Million)
7.1 Organized7.2 Unorganized
8. Malaysia Used Smartphone Market, By Type of Marketing Channel, 2019-2032 (USD Million)
8.1 Classified8.2 Offline Dealers8.3 Online Marketplace
9. Malaysia Used Smartphone Market, By Source of Lead Generation, 2019-2032 (USD Million)
9.1 Dealership Walk-Ins9.2 Online
10. Malaysia Used Smartphone Market, By Sourcing Medium, 2019-2032 (USD Million)
10.1 Businesses10.2 OEM’s10.3 Retail Customers10.4 Telephone Operators
11. Malaysia Used Smartphone Market, By Type of Sales, 2019-2032 (USD Million)
11.1 B2C11.2 C2C
12. Malaysia Used Smartphone Market, By Brand, 2019-2032 (USD Million)
12.1 Apple12.2 Samsung12.3 Xiaomi12.4 Others
13. Malaysia Used Smartphone Market, By Age, 2019-2032 (USD Million)
13.1 0 – 12 months13.2 12 – 24 months13.3 24 – 36 months13.4 36 – 48 months13.5 >48 months
14. Malaysia Used Smartphone Market, By Price, 2019-2032 (USD Million)
14.1 Lower end phone14.2 Mid-range phone14.3 Premium phone14.4 Upper end phone
15. Malaysia Used Smartphone Market, By Region, 2019-2032 (USD Million)
15.1 Malaysia Used Smartphone Size and Market Share by Region (2019-2025)15.2 Malaysia Used Smartphone Size and Market Share by Region (2026-2032)15.3 Kuala Lampur15.4 Petaling Jaya15.5 Seberang Perai
16. Company Profiles
16.1 Adpost
16.1.1 Company details16.1.2 Financial outlook16.1.3 Product summary16.1.4 Recent developments
16.2 Adsglobe
16.2.1 Company details16.2.2 Financial outlook16.2.3 Product summary16.2.4 Recent developments
16.3 Alibaba
16.3.1 Company details16.3.2 Financial outlook16.3.3 Product summary16.3.4 Recent developments
16.4 Allo Allo
16.4.1 Company details16.4.2 Financial outlook16.4.3 Product summary16.4.4 Recent developments
16.5 Amazon.com
16.5.1 Company details16.5.2 Financial outlook16.5.3 Product summary16.5.4 Recent developments
16.6 Apple
16.6.1 Company details16.6.2 Financial outlook16.6.3 Product summary16.6.4 Recent developments
16.7 APR Electronic Services Sdn. Bhd.
16.7.1 Company details16.7.2 Financial outlook16.7.3 Product summary16.7.4 Recent developments
16.8 Berry Nice Enterprise
16.8.1 Company details16.8.2 Financial outlook16.8.3 Product summary16.8.4 Recent developments
16.9 Carousell
16.9.1 Company details16.9.2 Financial outlook16.9.3 Product summary16.9.4 Recent developments
16.10 CompAsia
16.10.1 Company details16.10.2 Financial outlook16.10.3 Product summary16.10.4 Recent developments
16.11 Facebook marketplaces
16.11.1 Company details16.11.2 Financial outlook16.11.3 Product summary16.11.4 Recent developments
16.12 Factory Mobile Dataran Austin
16.12.1 Company details16.12.2 Financial outlook16.12.3 Product summary16.12.4 Recent developments
16.13 APR Electronic Services Sdn. Bhd.
16.13.1 Company details16.13.2 Financial outlook16.13.3 Product summary16.13.4 Recent developments
16.14 Free Ads Time
16.14.1 Company details16.14.2 Financial outlook16.14.3 Product summary16.14.4 Recent developments
16.15 Halomobile
16.15.1 Company details16.15.2 Financial outlook16.15.3 Product summary16.15.4 Recent developments
16.16 Harvey Norman
16.16.1 Company details16.16.2 Financial outlook16.16.3 Product summary16.16.4 Recent developments
16.17 Huawei
16.17.1 Company details16.17.2 Financial outlook16.17.3 Product summary16.17.4 Recent developments
16.18 Kaskus
16.18.1 Company details16.18.2 Financial outlook16.18.3 Product summary16.18.4 Recent developments
16.19 Lazada
16.19.1 Company details16.19.2 Financial outlook16.19.3 Product summary16.19.4 Recent developments
16.20 Machines Suria KLCC Apple Premium Reseller Store
16.20.1 Company details16.20.2 Financial outlook16.20.3 Product summary16.20.4 Recent developments
16.21 Mobile Wholesale City
16.21.1 Company details16.21.2 Financial outlook16.21.3 Product summary16.21.4 Recent developments
16.22 OLX
16.22.1 Company details16.22.2 Financial outlook16.22.3 Product summary16.22.4 Recent developments
16.23 Oneplus
16.23.1 Company details16.23.2 Financial outlook16.23.3 Product summary16.23.4 Recent developments
16.24 Oppo
16.24.1 Company details16.24.2 Financial outlook16.24.3 Product summary16.24.4 Recent developments
16.25 RealME
16.25.1 Company details16.25.2 Financial outlook16.25.3 Product summary16.25.4 Recent developments
16.26 Sam Digital Enterprise
16.26.1 Company details16.26.2 Financial outlook16.26.3 Product summary16.26.4 Recent developments
16.27 Samsung
16.27.1 Company details16.27.2 Financial outlook16.27.3 Product summary16.27.4 Recent developments
16.28 SG World & Finance
16.28.1 Company details16.28.2 Financial outlook16.28.3 Product summary16.28.4 Recent developments
16.29 Shopee
16.29.1 Company details16.29.2 Financial outlook16.29.3 Product summary16.29.4 Recent development
16.30 Vivo
16.30.1 Company details16.30.2 Financial outlook16.30.3 Product summary16.30.4 Recent developments
17. List of Abbreviations
18. Reference Links
19. Conclusion
20. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Malaysia Used Smartphone Market size is USD XX billion from 2022 to 2032.
Malaysia Used Smartphone Market Segment is covered By Equipment vs Device, By Testing Equipment, By Network Infrastructure, By Frequency, By Device, By End User.
The Asia Pacific region is anticipated to have the highest market share in the Malaysia Used Smartphone Market.
The key players in the market include Companies Covered Adpost, Adsglobe, Alibaba, Allo Allo, Amazon.com, Apple, APR Electronic Services Sdn. Bhd., Berry Nice Enterprise, Carousell, CompAsia, Facebook marketplaces, Factory Mobile Dataran Austin, APR Electronic Services Sdn. Bhd., Free Ads Time, Halomobile, Harvey Norman, Huawei.
The government of Malaysia has taken steps to stimulate the economy by embracing digital technology in many facets of daily life. Used smartphones are becoming more popular, which has led to a gradual rise in smartphone prices.
Malaysia Used Smartphone Market is projected to reach USD XX billion by 2032, growing at a CAGR of 13.05% during the forecast period.
Malaysia Used Smartphone Market grew in market size from 2021. The Market is expected to reach USD XX billion by 2032, at a CAGR of 13.05% during the forecast period.
Malaysia Used Smartphone Market CAGR of 13.05% during the forecast period.
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