If you’ve bought a new smartphone recently, hopefully, you’re planning to keep it for a very long time. Modern hardware is more than good enough that it should last many years. Rather than specs falling out of date, a lack of updates or the need to repair a broken screen or battery is likely to be the barrier to realizing this long-term investment. That’s certainly the way the wind of consumer trends is blowing.
According to trade-in data from Hyla Mobile, the average age of a smartphone turned in for trade-in during Q3 2021 was 3.32 years. That’s up from 3.13 years in Q3 2020 and much longer than the 2.36 years in Q3 2016. In other words, the past five years have seen consumers hold on to their phones for virtually a whole year longer on average, ruling out the pandemic or economic causes for a short-term trend.
from Android Authority https://ift.tt/ensSKyg
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