The smartphone replacement cycle is the highest ever in 2022

(1)Last year’s smartphone replacement cycle was 43 months, the highest ever in 40 months this year
(2)In addition to the difficult economic situation, the prolonged smartphone replacement cycle is expected to affect the slowdown in demand. According to the industry, the recent smartphone replacement cycle has reached an all-time high of 43 months This is because consumers tend to reduce nonessential spending, including smartphones, as the economic downturn and inflation accompany One of the reasons for the prolonged replacement cycle is that there is not much difference in performance between smartphones and new technologies that will drive demand
(3)Replacement cycle 43 months
(4)Recession Lack of New Technology to Change to Latest Phones