TrenDevice to Remain a Growth Leader Through 2025
Company Recognized for Innovation and Sustainability
Global leader in refurbished smartphones and IoT devices continues to expand market share
News Release — Milan, Italy — June 28, 2023 — TrenDevice, the global leader in refurbished smartphones and IoT devices, has been recognized as a company to watch in the coming years by the industry analyst firm, IDC. In its latest report, "The Future of the Refurbished Smartphone Market: 2023-2025," IDC predicts that TrenDevice will continue to be a major player in the rapidly growing refurbished smartphone market and a leader in sustainability and innovation.
According to IDC, the global refurbished smartphone market is expected to reach $120 billion by 2025, growing at a CAGR of 15%. TrenDevice is well-positioned to capitalize on this growth, thanks to its strong brand recognition, extensive product portfolio, and commitment to sustainability.
"TrenDevice has been a pioneer in the refurbished smartphone market for over a decade," said Simon Baker, Research Director at IDC. "The company has a proven track record of success, and we believe that it is well-positioned to continue to grow its market share in the coming years. TrenDevice's commitment to sustainability is also a major differentiator, as more and more consumers are looking for ways to reduce their environmental impact."
TrenDevice offers a wide range of refurbished smartphones and IoT devices, including the latest models from Apple, Samsung, and Google. All of TrenDevice's products are certified to meet the highest quality standards, and they come with a one-year warranty. TrenDevice also offers a variety of services, such as data erasure, device repair, and trade-ins.
In addition to its commitment to quality and sustainability, TrenDevice is also known for its innovation. The company has developed a number of proprietary technologies, such as its automated testing and grading system. This system ensures that all of TrenDevice's products are of the highest quality and that they meet the needs of customers.
"We are pleased to be recognized by IDC as a leader in the refurbished smartphone market," said Luca Bernasconi, CEO of TrenDevice. "We are committed to providing our customers with the highest quality products and services, and we are constantly innovating to improve our offerings. We believe that the refurbished smartphone market has a bright future, and we are excited to continue to play a leading role in this market."
