Computer Equipment Refurbishment Service Market was valued at USD 15.5 Billion in 2022 and is projected to reach USD 26.3 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The global Computer Equipment Refurbishment Service market was valued at approximately USD 10.5 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2027, reaching an estimated value of around USD 15.2 billion by the end of the forecast period. This growth is driven by the increasing demand for cost-effective and environmentally friendly computing solutions, as well as the rising awareness of sustainability and waste reduction in technology sectors. The refurbishment services include the process of restoring used computer equipment to a like-new condition, which appeals to both corporate and individual users looking for economical alternatives to new purchases.
Opportunities in the market are expanding as businesses and consumers seek to minimize costs and reduce electronic waste. Emerging markets, particularly in regions like Asia-Pacific and Latin America, present significant growth prospects due to rapid industrialization, increasing IT infrastructure investments, and heightened focus on sustainability. Additionally, advancements in refurbishment technology and growing adoption of refurbished equipment in various sectors, including education and small and medium enterprises (SMEs), are expected to further drive market expansion. The rise of remote working and hybrid working models also contributes to the increased demand for refurbished computer equipment as organizations aim to equip their workforce cost-effectively.
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Talal Abu-Ghazaleh Global
Digital Pipeline
CRS
RecycleIT
Stone Group
Chayon Technologies
IT Supply Solutions
Refurb.SA
TechSoup Global
Phoenix Computers
Bauer Systems Group
STG
Wisetek
JUST PC's
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Computer Equipment Refurbishment Service Market
Individual
Family
Enterprise
Based on Types the Market is categorized into Below types that held the largest Computer Equipment Refurbishment Service market share In 2023.
Desktop
Laptop
Tablet
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Computer Equipment Refurbishment Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Computer Equipment Refurbishment Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Computer Equipment Refurbishment Service Market, By Type
6. Global Computer Equipment Refurbishment Service Market, By Application
7. Global Computer Equipment Refurbishment Service Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Computer Equipment Refurbishment Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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