Refurbished Computers & Laptop Market to hit USD 8.5
From GlobeNewswire: 2024-11-07 07:00:00
The refurbished computers & laptop market reached USD 5.1 billion in 2023, with a projected 5.7% CAGR from 2024 to 2032. Demand is driven by sustainability efforts and a focus on extending technology lifespan. Grade A devices, Windows operating system, and North America market lead the way, offering cost-effective, environmentally friendly solutions. Major players include Amazon Renewed, Dell Refurbished, and Lenovo Group Limited.
Consumers and businesses are increasingly turning to refurbished computers and laptops as eco-friendly alternatives to new devices. The Grade A segment, representing devices in near-mint condition, is expected to grow at a 6% CAGR through 2032. Windows operating system dominates the market share at 71.4%, with a projected 5.9% CAGR. North America’s market is set to experience a 6.1% CAGR, driven by cost-effectiveness and environmental awareness.
The refurbished computers & laptop market offers high-quality devices at affordable prices, meeting the demand for sustainable technology solutions. The market is segmented by grade, operating system, screen size, end user, distribution channel, and region. With a strong emphasis on sustainability and cost-effectiveness, refurbished technology is becoming a preferred choice for consumers and businesses.
As the refurbished computers & laptop market continues to grow, major players like Amazon Renewed, Apple Certified Refurbished Inc., and Lenovo Group Limited lead the way. These companies offer reliable, cost-effective alternatives to new products, meeting the demand for sustainable technology solutions. With a focus on quality and performance, refurbished devices are becoming increasingly popular in the market.
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