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Industry Landscape
The secondary connected device market is booming, driven by sustainability efforts, cost-consciousness, and new device technologies. Data-as-a-Service providers like PrologMobile are crucial for transparency and efficiency, enabling businesses to optimize profits, reduce risks, and streamline operations in this complex ecosystem. Growth is expected to continue as demand for pre-owned devices rises globally.
Total Assets Under Management (AUM)
Used Smartphone Market Value in United States
~$17.7 Billion (2022) - Source: IDC
(13.6% CAGR)
Growth driven by trade-in programs, refurbished device sales, and consumer demand for affordable smartphones. This includes both C2B and B2B transactions. The market is fueled by increasing awareness of circular economy benefits.
Total Addressable Market
56.4 Billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Diagnostics
AI and machine learning can automate and enhance device diagnostics, accurately assessing condition and identifying subtle issues beyond human capability.
Blockchain for Device Provenance
Distributed ledger technology can create immutable records of a device's ownership history, repair logs, and component replacements, ensuring transparency and trust.
Advanced eSIM Management
Enhanced eSIM capabilities will streamline device activation and network switching, making pre-owned devices more versatile and easier to deploy globally.
Impactful Policy Frameworks
Right to Repair Legislation (Ongoing State-Level Initiatives)
Various U.S. states (e.g., New York's Digital Fair Repair Act, 2022) are enacting legislation requiring manufacturers to provide parts, tools, and information for product repair, making it easier for consumers and independent shops to fix devices.
This policy increases the supply of repairable devices in the secondary market and could drive demand for PrologMobile's Repair as a Service offerings.
Federal Trade Commission (FTC) Enforcement Against Repair Restrictions (2021)
The FTC issued a policy statement in 2021 affirming its commitment to combat unlawful restrictions on consumers' ability to repair their own products, including mobile phones.
This stance promotes a more open repair ecosystem, potentially increasing the volume of repairable devices and the value of repair data for PrologMobile's clients.
Electronic Waste Recycling Regulations (State and Federal Initiatives)
Multiple U.S. states have enacted laws mandating or encouraging the recycling of electronic waste (e-waste), often placing responsibility on manufacturers or retailers, with federal efforts like the EPA's Sustainable Materials Management program also promoting responsible electronics end-of-life.
These regulations increase the flow of devices into the secondary market for reuse and recycling, enhancing the overall market size that PrologMobile serves with its data solutions.
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