2022 marked the highest time in the history of smartphone replacement cycles.

(1)Last year’s smartphone replacement cycle was 43 months, the highest ever this year.
(2)It’s going to stay in the 40th month range.

(1)Not only the difficult economic situation, but also the prolonged smartphone replacement cycle
(2)According to the industry, the latest smartphone replacement cycle is estimated to have reached 43 months, the highest ever. This is because consumers tend to reduce unnecessary spending, including smartphones, due to the economic downturn and inflation. 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.