{"id":916223,"date":"2025-12-04T08:03:41","date_gmt":"2025-12-04T13:03:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/"},"modified":"2025-12-04T08:03:41","modified_gmt":"2025-12-04T13:03:41","slug":"consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/","title":{"rendered":"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Consumers Trade Up for AI: <\/b><b>Assurant Reports Record $1.59 Billion Returned in Third Quarter <\/b><b>Through Mobile Trade-In Programs<\/b><\/p>\n<p class=\"bwalignc\"><i>46 Percent Growth Year-Over-Year Driven by Accelerated Adoption of AI-Enabled Devices and Expansion of the Secondary Market<\/i><\/p>\n<p>ATLANTA&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.assurant.com%2F&amp;esheet=54369064&amp;newsitemid=20251204879367&amp;lan=en-US&amp;anchor=Assurant%2C+Inc.&amp;index=1&amp;md5=c485dbce2c8876d94d958c6b304d8a9f\">Assurant, Inc.<\/a> (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world\u2019s leading brands, today released findings from its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.assurant.com%2Fnews-insights%2Finfographics%2Fq3-trade-in-upgrade-data-trends&amp;esheet=54369064&amp;newsitemid=20251204879367&amp;lan=en-US&amp;anchor=Q3+Mobile+Trade-In+and+Upgrade+Industry+Trends+Report&amp;index=2&amp;md5=15904f626b729ac9f37743ec8b759588\"><i>Q3 Mobile Trade-In and Upgrade Industry Trends Report<\/i><\/a>, revealing that trade-in programs surged as consumers embraced devices with more personalized AI capabilities. This marks the third consecutive record-breaking quarter, as consumers received a record $1.59 billion in value through mobile device trade-in, a 46 percent year-over-year increase, and a 19 percent rise over Q2 2025.\n<\/p>\n<p>\nThe record growth in value and the decline in average device age supports Assurant\u2019s earlier <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.assurant.com%2Fnews-insights%2Fnews_releases%2Fmobile-trade-in-program-trends-Q2-2025&amp;esheet=54369064&amp;newsitemid=20251204879367&amp;lan=en-US&amp;anchor=forecast&amp;index=3&amp;md5=5049b4da3664ba88f7c4c96073ccc649\">forecast<\/a> that consumers would accelerate adoption of newly released smartphones with personalized, functional AI capabilities. With major carriers reporting increased global shipments of flagship devices in the third quarter, newer, high-value devices are entering the trade-in ecosystem, advancing growth in the secondary market.\n<\/p>\n<p>\n\u201cThis year is shaping up to break records for total value returned to consumers through trade-in programs,\u201d said Biju Nair, EVP &amp; President, Global Connected Living at Assurant. \u201cConsumers are trading in later-generation devices earlier to access AI-enabled features, and their embrace of more personalized experiences that newer devices deliver is powering a rapidly growing secondary market. This has created a ripple effect for affordability and sustainability as an influx of higher value devices are re-entering the ecosystem and are beginning to drive some additional emerging trends which we hope to report on in the next quarter.\u201d\n<\/p>\n<p>\nYear-to-date, trade-in programs have returned a total of $4.17 billion in value to consumers, representing a 54 percent increase compared to the same period in 2024, and are on track to surpass last year\u2019s record total of $4.5 billion.\n<\/p>\n<p><b>Additional Q3 Highlights:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><strong>5G <\/strong><b>devices dominate:<\/b> For the fifth straight quarter, Apple\u2019s iPhone 13 and Samsung\u2019s Galaxy S22 Ultra 5G were the brands\u2019 most frequently turned-in devices from trade-in and upgrade programs. For the first time, all top-five models were 5G-enabled devices.\n<\/li>\n<li><b>Shift toward newer models:<\/b> All top-five trade-ins came from the iPhone 13 and 14 generations for the first time, replacing older models like the iPhone 11 and 12, which had ranked in the top five since 2021 and 2022, respectively.\n<\/li>\n<li><b>Circular economy impact: <\/b>As more advanced 5G devices with better processors, cameras, and batteries enter the secondary market, higher-value inventory is fueling growth of the circular device ecosystem.\n<\/li>\n<\/ul>\n<p>\nThe Assurant Mobile Trade-In and Upgrade Industry Trends Report provides insights into the state of the secondary device market, including trends that are delivering record value to consumers, according to Assurant and industry data. The full Q3 2025 report is available for download <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.assurant.com%2Fnews-insights%2Finfographics%2Fq3-trade-in-upgrade-data-trends&amp;esheet=54369064&amp;newsitemid=20251204879367&amp;lan=en-US&amp;anchor=here&amp;index=4&amp;md5=a1baddf5f81e02f8df72d76017aa151e\">here<\/a>.\n<\/p>\n<p class=\"bwalignc\"><b># # #<\/b><\/p>\n<p><b>About Assurant<br \/>\n<br \/><\/b>Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world\u2019s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.assurant.com%2F&amp;esheet=54369064&amp;newsitemid=20251204879367&amp;lan=en-US&amp;anchor=assurant.com&amp;index=5&amp;md5=ee93eb0c66b29e38d94a4b0be652edd2\">assurant.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251204879367r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251204879367\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251204879367\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Louis Masses<br \/>\n<br \/>Director, Connected Living Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Louis.masses@assurant.com\">Louis.masses@assurant.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Georgia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Consumer Electronics Technology Insurance Mobile\/Wireless 5G Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251204879367\/en\/486492\/3\/AIZ-Assurant_logo_Corporate.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs 46 Percent Growth Year-Over-Year Driven by Accelerated Adoption of AI-Enabled Devices and Expansion of the Secondary Market ATLANTA&#8211;(BUSINESS WIRE)&#8211;Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world\u2019s leading brands, today released findings from its Q3 Mobile Trade-In and Upgrade Industry Trends Report, revealing that trade-in programs surged as consumers embraced devices with more personalized AI capabilities. This marks the third consecutive record-breaking quarter, as consumers received a record $1.59 billion in value through mobile device trade-in, a 46 percent year-over-year increase, and a 19 percent rise over Q2 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-916223","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs 46 Percent Growth Year-Over-Year Driven by Accelerated Adoption of AI-Enabled Devices and Expansion of the Secondary Market ATLANTA&#8211;(BUSINESS WIRE)&#8211;Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world\u2019s leading brands, today released findings from its Q3 Mobile Trade-In and Upgrade Industry Trends Report, revealing that trade-in programs surged as consumers embraced devices with more personalized AI capabilities. This marks the third consecutive record-breaking quarter, as consumers received a record $1.59 billion in value through mobile device trade-in, a 46 percent year-over-year increase, and a 19 percent rise over Q2 &hellip; Continue reading &quot;Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-04T13:03:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251204879367r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs\",\"datePublished\":\"2025-12-04T13:03:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\\\/\"},\"wordCount\":572,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20251204879367r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\\\/\",\"name\":\"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs - 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(NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world\u2019s leading brands, today released findings from its Q3 Mobile Trade-In and Upgrade Industry Trends Report, revealing that trade-in programs surged as consumers embraced devices with more personalized AI capabilities. This marks the third consecutive record-breaking quarter, as consumers received a record $1.59 billion in value through mobile device trade-in, a 46 percent year-over-year increase, and a 19 percent rise over Q2 &hellip; Continue reading \"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/","og_site_name":"Market Newsdesk","article_published_time":"2025-12-04T13:03:41+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251204879367r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs","datePublished":"2025-12-04T13:03:41+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/"},"wordCount":572,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251204879367r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/consumers-trade-up-for-ai-assurant-reports-record-1-59-billion-returned-in-third-quarter-through-mobile-trade-in-programs\/","name":"Consumers Trade Up for AI: Assurant Reports Record $1.59 Billion Returned in Third Quarter Through Mobile Trade-In Programs - 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