SUNNYVALE, Calif., Feb 8 (Bernama-GLOBE NEWSWIRE) — FutureDial Incorporated continued its commanding lead in providing mobile device processing solutions for Wireless Carriers, Mobile Device Buy-Back & Trade-In Companies, Mobile Phone Recyclers and Third-Party Logistics Providers (3PLs) during the year, announcing that its robotics and automation software solutions have been used by customers in the mobile supply chain to data clear, functionally test and grade a cumulative total of over 231.4 Million pre-owned Android smartphones and iPhones worldwide, for resale on secondary markets. Additionally, the total number of functional tests using FutureDial software and robotics for quality assurance performed on preowned iPhones and Android smartphones exceeded 400 Million tests. In Q4 2021 alone, FutureDial reported that processing volume with customers increased over 50%.
In the growing reverse logistics market in the mobile supply chain, FutureDial is a leading provider-of-choice for automated processing solutions for preowned mobile phones, as well as for data management systems for those phone processing operations. This lucrative market continues to grow as the average selling price of second-generation smartphones in today’s market approaches an average of $180, representing an approximate total available market value of over $52.7 billion. The used smartphone market share in North America reached 24.4% and is expected to grow to 27% by 2024.