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COVID-19! We are now including the impact analysis of the COVID-19 on Refurbished Computers and Laptops Market report and the forecast period of this report shall be revised to 2020-2026. The section on the impact of COVID-19 on this market is included in the report for free. To know more Request a Sample of this report.

Refurbished Computers and Laptops Market (Type - Computers, and Laptops; Distribution Channel - Distributors, OEMs, and Online; End User - Enterprises, Government, Educational Institute, and Personal): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : March, 2020

  • Rep Id : ICT1367

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on refurbished computers and laptops market provides in-depth analysis of segments and sub-segments in the global as well as regional refurbished computers and laptops market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional refurbished computers and laptops market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global refurbished computers and laptops market. According to the report, the global refurbished computers and laptops market is projected to grow at a CAGR of 11.2% over the forecast period of 2019-2025.

 

Market Insight

Refurbished computers and laptops are used computers and laptops that are repaired by the manufacturers. After proper repair and testing, the product is pushed to the supply chain. These products are a better option to reduce e-waste and stimulate the reusability of the products. Customers are adopting cost-efficient methods to purchase computers and laptops which favor the growth of refurbished computers and laptops market.

 

Strict regulations regarding e-waste drive the growth of refurbished computers and laptops market. A study estimated that in 2017, worldwide there were approximately 50 million tonnes of e-waste discarded and only 20% of that is formally recycled. Further, the availability of refurbished devices at pocket-friendly prices led to a rise in demand for refurbished computers and laptops. The emergence of recommerce platforms contributes to the expansion of refurbished computers and laptops market. Additionally, the enhanced user experience with the use of second-hand devices that offer excellent reliability and versatility stimulates the expansion of refurbished computers and laptops market. Market players are focused on providing a wide range of add-ons that raises user experiences. Budget constraints in the IT sector complement the demand for refurbished computers and laptops. On the flip side, less awareness about the refurbished products and limited supply chain restraint the growth of refurbished computers and laptops market. Moreover, improved supply chain creates several opportunities for the expansion of refurbished computers and laptops market.

 

Geographically, the global refurbished computers and laptops market is divided into North America, Asia-Pacific, Europe, and the Rest of the World. North America is anticipated to hold a major share in the global refurbished computers and laptops market. The growth in the region is attributed to the strict government regulations for the reduction of e-waste in North America. Europe has a healthy CAGR over the forecast period in the global refurbished computers and laptops market. The rising focus on reducing e-waste in Europe is a major contributor to the development of refurbished computers and laptops market in Europe. Asia-Pacific region is expected to grow in the global refurbished computers and laptops market at the fastest CAGR over the forecast period. The growing number of startup companies in the Asia-Pacific region led to a surge in demand for refurbished computers and laptops by the low funded start-up companies.

 

Segment Covered

The report on global refurbished computers and laptops market covers segments such as type, distribution channel, and end user. On the basis of type, the sub-markets include computers, and laptops. On the basis of distribution channel, the sub-markets include distributors, OEMs, and online. On the basis of end user, the sub-markets include enterprises, government, educational institute, and personal.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Apple Inc., International Business Machine Corporation, HP Development Company L.P., Dell Inc., ASUSTeK Computers Inc., Amazon.com, Inc., Reboot Systems India Private Limited, Samsung Electronics Co. Ltd., Lenovo Group Ltd., Acer Inc., and Other companies.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of refurbished computers and laptops market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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