Report Code: CMI23829

Published Date: May 2023

Pages: 220+

Category: Technology

Report Snapshot

CAGR: 11.6%
4.9B
2022
5.67B
2023
12.6B
2032

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Apple Inc
  • Dell Inc
  • HP Inc
  • Lenovo Group Ltd
  • Amazon Renewed
  • Best Buy
  • Others

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Reports Description

As per the current market research conducted by CMI Team, the global Refurbished Computers and Laptops Market is expected to record a CAGR of 11.6 % from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 4.9 billion. By 2032, the valuation is anticipated to reach USD 12.6 billion.

The refurbished computers and laptops market refers to the segment of the electronics market that deals with the sale of previously owned or used computers and laptops that have undergone a process of refurbishment.

Refurbished devices are typically returned to the manufacturer or a specialized refurbishment company, where they are thoroughly inspected, repaired, and restored to a functional condition. This process may involve replacing faulty components, upgrading hardware or software, cleaning, and cosmetic refurbishment. Once refurbished, these computers and laptops are made available for sale at a lower price compared to brand-new devices.

The refurbished market offers an opportunity for consumers to acquire high-quality devices at a more affordable price point, making it an attractive option for budget-conscious individuals or those seeking cost-effective alternatives.

Refurbished computers and laptops can come from various sources, including customer returns, lease returns, excess inventory, or trade-in programs. The devices are rigorously tested to ensure they meet quality standards before being sold with warranties, typically shorter in duration compared to new devices.

The market caters to a wide range of customers, including individuals, businesses, educational institutions, and organizations looking to acquire reliable computing devices while saving costs. The refurbished computers and laptops market has gained popularity due to factors such as cost savings, environmental sustainability by extending the lifespan of electronic devices, and access to older models or discontinued products that may no longer be available as new. It is a dynamic market that involves a range of players, including manufacturers, refurbishers, retailers, and online platforms.

Refurbished Computers and Laptops Market – Significant Growth Factors

The refurbished computers and laptops market presents several significant growth opportunities. These opportunities arise from various factors and trends in the market. Here are some key growth opportunities in the refurbished computers and laptops market:

  • Cost Savings: The primary advantage of refurbished devices is their lower price compared to new ones. As consumers continue to seek cost-effective options, the affordability of refurbished computers and laptops becomes an attractive proposition. The potential for significant cost savings is a major driver for growth in this market.
  • Increasing Quality and Reliability: Refurbished devices undergo thorough testing, repair, and refurbishment processes to ensure their functionality and reliability. As refurbishment techniques and quality control measures improve, refurbished computers and laptops are becoming more dependable, narrowing the gap between new and refurbished devices. This improved quality perception contributes to the market’s growth.
  • Environmental Sustainability: With growing awareness of environmental issues, the refurbished market offers a sustainable alternative to buying new devices. By extending the lifespan of computers and laptops through refurbishment, the market promotes reduced electronic waste and resource conservation. Consumers who prioritize sustainability are likely to drive the demand for refurbished devices, contributing to market growth.
  • Access to Discontinued or Older Models: Refurbished computers and laptops provide an opportunity to access models that may no longer be available as new. This is particularly relevant for individuals or businesses who require specific features or compatibility with legacy systems. The availability of older or discontinued models in the refurbished market creates a niche demand and growth potential.
  • Growing Business and Educational Sectors: Businesses and educational institutions often require a significant number of computers and laptops. Refurbished devices offer a cost-effective solution for such organizations to equip their workforce or students with reliable computing devices within budget constraints. As these sectors continue to expand, the demand for refurbished computers and laptops is expected to rise.
  • E-commerce and Online Platforms: The rise of e-commerce and online platforms has significantly facilitated the growth of the refurbished market. These platforms provide a convenient marketplace for customers to browse and purchase refurbished devices from various sellers and brands. The ease of comparing prices, accessing customer reviews, and online warranties enhances the buying experience and contributes to market growth.
  • Emerging Markets: Refurbished computers and laptops have significant growth potential in emerging markets, where price sensitivity and affordability are critical factors. As these markets experience economic growth and increased digital adoption, the demand for affordable computing devices is likely to surge, presenting a lucrative opportunity for refurbished products.

 Refurbished Computers and Laptops Market – Mergers and Acquisitions

The refurbished computers and laptops market has witnessed various mergers and acquisitions that have shaped the industry landscape. These strategic moves have allowed companies to expand their market reach, diversify their offerings, and strengthen their competitive position. While specific mergers and acquisitions may vary over time, here are some notable examples:

  • Apple Inc. acquiring companies: Apple has made several acquisitions in the past to strengthen its presence in the refurbished market. For instance, Apple acquired Power Computing Corporation in 1997, which provided them with additional resources and expertise in refurbishing and reselling Macintosh computers.
  • Best Buy acquiring CowBoom: In 2013, Best Buy, a leading electronics retailer, acquired CowBoom, an online retailer specializing in selling refurbished electronics. This acquisition allowed Best Buy to expand its refurbished offerings and enhance its online presence in the market.
  • Amazon acquiring Woot: Amazon, one of the largest online marketplaces, acquired Woot.com in 2010. Woot.com is known for its “Deal of the Day” concept and offers a range of refurbished products, including computers and laptops. The acquisition provided Amazon with a platform to enter the refurbished market and expand its product offerings.
  • Newegg acquiring companies: Newegg, an e-commerce platform focused on computer hardware and electronics, has made strategic acquisitions to strengthen its position in the refurbished market. In 2016, Newegg acquired TechLiquidators, an online retailer specializing in refurbished electronics, to expand its product range and customer base.
  • Microsoft Acquiring Refresh Partners: Microsoft, a leading technology company, acquired Refresh Partners in 2014. Refresh Partners was a company specializing in refurbishing and reselling pre-owned devices, including computers and laptops. This acquisition allowed Microsoft to enhance its presence in the refurbished market and offer certified refurbished products through its Microsoft Authorized Refurbisher (MAR) program.
  • HP Inc. acquiring companies: HP has made acquisitions to bolster its presence in the refurbished market. In 2008, HP acquired XS International, a company specializing in IT asset recovery and refurbishment services. This acquisition provided HP with expertise in refurbishing and reselling IT equipment, including computers and laptops.

These are just a few examples of mergers and acquisitions that have occurred in the refurbished computers and laptops market. The consolidation of companies through such deals often aims to expand market share, gain access to new customer segments, leverage expertise in refurbishment processes, or enhance product offerings to meet the growing demand for refurbished devices.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Refurbished Computers and Laptops Market Refurbished and Used Mobile Phones Market Refurbished Smartphone Market
CAGR 11.6% (Approx) CAGR 11.45%

(Approx)

11.2%

(Approx)

US$ 12.6 Billion by 2030 USD 146.43 Billion by 2030 USD 185.89 Billion by 2030.

Refurbished Computers and Laptops Market – Significant Threats

While the refurbished computers and laptops market presents numerous growth opportunities, there are also significant threats that can impact its dynamics. These threats arise from various factors and challenges within the market. Here are some notable threats to consider:

  • Counterfeit Products: One of the major threats in the refurbished market is the presence of counterfeit products. Counterfeiters may attempt to pass off low-quality or non-functional devices as refurbished, deceiving consumers and damaging the reputation of the market. It is essential for consumers to purchase refurbished devices from reputable sources and ensure they come with proper certifications and warranties.
  • Limited Supply of Quality Devices: The availability of high-quality refurbished devices depends on the supply of used computers and laptops that can be refurbished. As the market demand increases, the supply may become constrained, leading to a scarcity of quality devices. This can potentially affect the growth and competitiveness of the refurbished market.
  • Technological Advancements: Rapid advancements in technology result in frequent updates and new releases of computers and laptops. This can create a challenge for the refurbished market, as newer models and features attract consumers who prefer the latest technology. The fast-paced nature of the industry can make it difficult for refurbished devices to keep up with the latest trends and specifications.
  • Warranty Limitations: Refurbished devices typically come with shorter warranty periods compared to brand new products. While warranties are provided to ensure the functionality of refurbished devices, the limited coverage may deter some consumers who prioritize longer warranty periods and comprehensive after-sales support. Addressing warranty concerns and providing reliable customer service is crucial for the sustained growth of the refurbished market.
  • Brand Perception and Trust: The perception and trust associated with refurbished products can be a potential threat. Some consumers may still harbour reservations about buying refurbished devices due to concerns about quality, performance, or previous usage. Building and maintaining trust in the market by ensuring stringent refurbishment processes, offering transparent product information, and providing warranty support is essential to overcome this threat.
  • Competition from New Products: The refurbished market faces competition from new products offered by manufacturers. As brand new computers and laptops become more affordable or offer attractive features, consumers may opt for new devices instead of refurbished ones. The ability of the refurbished market to provide compelling value, cost savings, and comparable quality is vital to counter this competition.
  • Regulatory Compliance: Compliance with regulations and standards is crucial in the refurbished market, especially regarding the refurbishment process, data privacy, and safety requirements. Failure to meet regulatory obligations can lead to legal issues, reputational damage, and loss of consumer trust. Adhering to industry standards and implementing robust quality control measures are essential to mitigate this threat.

It is important for participants in the refurbished computers and laptops market to proactively address these threats through quality assurance, customer education, improved warranties, enhanced refurbishment processes, and building strong partnerships with reputable suppliers. By doing so, the market can navigate these challenges and continue to thrive in the face of competition and changing consumer demands.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 5.67 Billion
Projected Market Size in 2032 USD 12.6 Billion
Market Size in 2022 USD 4.9 Billion
CAGR Growth Rate 11.6% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Type, By End-user, Distribution Channel and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Category-Wise Insights

The growth of the micro, small, and medium enterprises (MSME) sector is contributing to the expansion of the refurbished computers and laptops market:

The growth of startups and small- to medium-sized enterprises (SMEs) worldwide is driving the adoption of refurbished laptops and computers for their business operations.

According to HyperXchange, a provider of refurbished electronics, SME clients are increasingly opting to purchase or lease refurbished laptops, with 68% specifically requiring refurbished desktop computers. Additionally, the study revealed that 88% of consumers expressed interest in purchasing other refurbished goods like laptops and smartphones. As a result, the expansion of the MSME sector is significantly propelling the progress of the refurbished computers and laptops market.

Remanufactured computers and laptops are experiencing high demand in ITES (Information Technology Enabled Services) and IT organizations. Many newly established BPOs and call centers, which may have budget constraints, are turning to secondhand computers and laptops for their operations.

High Demand for Refurbished Laptops:

The latest trends in the refurbished computers and laptops market indicate that the laptop segment is poised to dominate the industry in the forecast period. There is a strong demand for refurbished laptops from businesses across the globe. These laptops often come with certifications and guarantees, providing customers with assurance. Furthermore, vendors are offering attractive incentives such as discounts, doorstep delivery, no-cost EMI, warranties, product demonstrations, installation services, and buyback options for refurbished laptops.

Global Refurbished Computers and Laptops Market 2023–2032 (By Billion)

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Refurbished Computers and Laptops Market – Regional Analysis

Regional analysis of the refurbished computers and laptops market reveals variations in market dynamics and trends across different geographical regions. Here is a broad overview of the regional analysis:

  • North America: North America holds a significant share of the refurbished computers and laptops market. The region is characterized by a strong presence of established players, technological advancements, and mature e-commerce infrastructure. The demand for refurbished devices is driven by cost savings, environmental consciousness, and access to affordable computing solutions.
  • Europe: Europe is another prominent market for refurbished computers and laptops. The region has a well-developed IT infrastructure, and there is a growing awareness of the benefits of refurbished electronics. The demand for refurbished devices is driven by cost-conscious consumers, small businesses, and educational institutions looking for reliable and affordable computing solutions.
  • Asia Pacific: The Asia Pacific region is witnessing significant growth in the refurbished computers and laptops market. Rapid economic development, increasing digital adoption, and a large population contribute to the demand for affordable computing devices. Price sensitivity, especially in emerging markets, drives the growth of the refurbished market in this region.
  • Latin America: Latin America is an emerging market for refurbished computers and laptops. The region’s growing middle class, budget-conscious consumers, and the need for cost-effective technology solutions fuel the demand for refurbished devices. However, challenges such as counterfeits and limited access to quality refurbishment processes need to be addressed for sustained market growth.
  • Middle East and Africa: The Middle East and Africa region show potential for growth in the refurbished computers and laptops market. The demand is driven by cost considerations, a growing SME sector, and initiatives to bridge the digital divide. However, challenges related to consumer trust, product availability, and access to certified refurbished devices remain.

Global Refurbished Computers and Laptops Market 2023–2032 (By Type)

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Competitive Landscape – Refurbished Computers and Laptops Market

The competitive landscape of the refurbished computers and laptops market is characterized by the presence of a diverse range of players, including manufacturers, refurbishers, retailers, and online platforms. These players compete based on factors such as product quality, pricing, customer service, warranties, and market reach. Here are some key players in the refurbished computers and laptops market:

  • Apple Inc: Apple is a leading player in the market, offering refurbished MacBook laptops and iMac computers. They have a dedicated section on their website for certified refurbished products.
  • Dell Inc: Dell is a renowned computer manufacturer that also operates a refurbished division. They offer a range of refurbished laptops and desktop computers through their Dell Outlet.
  • HP Inc: HP is another major player in the market, known for its refurbished laptops and desktops. They have an official HP Renew program that sells certified refurbished products.
  • Lenovo Group Ltd: Lenovo is a well-known computer manufacturer that also has a presence in the refurbished market. They offer refurbished ThinkPad laptops and other devices through their official outlet.
  • Amazon Renewed: Amazon has a dedicated platform called Amazon Renewed, where various sellers offer refurbished electronics, including computers and laptops. It serves as a marketplace for multiple brands and sellers.
  • Best Buy: Best Buy is a leading electronics retailer that offers a range of refurbished computers and laptops. They have a designated section both online and in their physical stores for certified refurbished products.
  • Newegg: Newegg is an e-commerce platform specializing in computer hardware and electronics. They have a refurbished section where customers can find refurbished computers and laptops from various brands.
  • Microsoft Corporation: Microsoft operates its own refurbishment program called Microsoft Authorized Refurbisher (MAR). They work with certified partners to offer refurbished computers, including Surface devices, through the program.
  • Acer Inc: Acer is a global computer manufacturer that also participates in the refurbished market. They offer refurbished laptops and desktops through their official Acer Outlet.
  • Samsung Electronics Co. Ltd: Samsung, known for its consumer electronics, also has a presence in the refurbished market. They offer refurbished laptops and Chromebooks through their official website.

The competitive landscape is dynamic, with new players entering the market and existing players adapting to changing consumer demands and technological advancements.

Global Refurbished Computers and Laptops Market (By Distribution Channel)

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The Refurbished Computers and Laptops Market is segmented as follows:

By Type

  • Computer
  • Laptop
  • Workstations
  • Notebooks
  • Ultrabooks

By End-user

  • Corporate Offices
  • Educational Institutes
  • Government Offices
  • Personal
  • Large
  • Others (Enterprises, etc.)

By Distribution Channel

  • Direct
  • Indirect

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Refurbished Computers and Laptops Market, (2024 – 2033) (USD Billion)
    • 2.2 Global Refurbished Computers and Laptops Market : snapshot
  • Chapter 3. Global Refurbished Computers and Laptops Market – Industry Analysis
    • 3.1 Refurbished Computers and Laptops Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Cost Savings
      • 3.2.2 Increasing Quality and Reliability
      • 3.2.3 Environmental Sustainability
      • 3.2.4 Access to Discontinued or Older Models
      • 3.2.5 Growing Business and Educational Sectors
      • 3.2.6 E-commerce and Online Platforms
      • 3.2.7 Emerging Markets.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By End-user
      • 3.7.3 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Refurbished Computers and Laptops Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Refurbished Computers and Laptops Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Refurbished Computers and Laptops Market – Type Analysis
    • 5.1 Global Refurbished Computers and Laptops Market overview: By Type
      • 5.1.1 Global Refurbished Computers and Laptops Market share, By Type, 2022 and – 2033
    • 5.2 Computer
      • 5.2.1 Global Refurbished Computers and Laptops Market by Computer, 2024 – 2033 (USD Billion)
    • 5.3 Laptop
      • 5.3.1 Global Refurbished Computers and Laptops Market by Laptop, 2024 – 2033 (USD Billion)
  • Chapter 6. Global Refurbished Computers and Laptops Market – End-user Analysis
    • 6.1 Global Refurbished Computers and Laptops Market overview: By End-user
      • 6.1.1 Global Refurbished Computers and Laptops Market share, By End-user, 2022 and – 2033
    • 6.2 Corporate Offices
      • 6.2.1 Global Refurbished Computers and Laptops Market by Corporate Offices, 2024 – 2033 (USD Billion)
    • 6.3 Educational Institutes
      • 6.3.1 Global Refurbished Computers and Laptops Market by Educational Institutes, 2024 – 2033 (USD Billion)
    • 6.4 Government Offices
      • 6.4.1 Global Refurbished Computers and Laptops Market by Government Offices, 2024 – 2033 (USD Billion)
    • 6.5 Others (Enterprises, etc.)
      • 6.5.1 Global Refurbished Computers and Laptops Market by Others (Enterprises, etc.), 2024 – 2033 (USD Billion)
  • Chapter 7. Global Refurbished Computers and Laptops Market – Distribution Channel Analysis
    • 7.1 Global Refurbished Computers and Laptops Market overview: By Distribution Channel
      • 7.1.1 Global Refurbished Computers and Laptops Market share, By Distribution Channel, 2022 and – 2033
    • 7.2 Direct
      • 7.2.1 Global Refurbished Computers and Laptops Market by Direct, 2024 – 2033 (USD Billion)
    • 7.3 Indirect
      • 7.3.1 Global Refurbished Computers and Laptops Market by Indirect, 2024 – 2033 (USD Billion)
  • Chapter 8. Refurbished Computers and Laptops Market – Regional Analysis
    • 8.1 Global Refurbished Computers and Laptops Market Regional Overview
    • 8.2 Global Refurbished Computers and Laptops Market Share, by Region, 2022 & – 2033 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Refurbished Computers and Laptops Market, 2024 – 2033 (USD Billion)
        • 8.3.1.1 North America Refurbished Computers and Laptops Market, by Country, 2024 – 2033 (USD Billion)
    • 8.4 North America Refurbished Computers and Laptops Market, by Type, 2024 – 2033
      • 8.4.1 North America Refurbished Computers and Laptops Market, by Type, 2024 – 2033 (USD Billion)
    • 8.5 North America Refurbished Computers and Laptops Market, by End-user, 2024 – 2033
      • 8.5.1 North America Refurbished Computers and Laptops Market, by End-user, 2024 – 2033 (USD Billion)
    • 8.6 North America Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033
      • 8.6.1 North America Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Refurbished Computers and Laptops Market, 2024 – 2033 (USD Billion)
        • 8.7.1.1 Europe Refurbished Computers and Laptops Market, by Country, 2024 – 2033 (USD Billion)
    • 8.8 Europe Refurbished Computers and Laptops Market, by Type, 2024 – 2033
      • 8.8.1 Europe Refurbished Computers and Laptops Market, by Type, 2024 – 2033 (USD Billion)
    • 8.9 Europe Refurbished Computers and Laptops Market, by End-user, 2024 – 2033
      • 8.9.1 Europe Refurbished Computers and Laptops Market, by End-user, 2024 – 2033 (USD Billion)
    • 8.10 Europe Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033
      • 8.10.1 Europe Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Refurbished Computers and Laptops Market, 2024 – 2033 (USD Billion)
        • 8.11.1.1 Asia Pacific Refurbished Computers and Laptops Market, by Country, 2024 – 2033 (USD Billion)
    • 8.12 Asia Pacific Refurbished Computers and Laptops Market, by Type, 2024 – 2033
      • 8.12.1 Asia Pacific Refurbished Computers and Laptops Market, by Type, 2024 – 2033 (USD Billion)
    • 8.13 Asia Pacific Refurbished Computers and Laptops Market, by End-user, 2024 – 2033
      • 8.13.1 Asia Pacific Refurbished Computers and Laptops Market, by End-user, 2024 – 2033 (USD Billion)
    • 8.14 Asia Pacific Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033
      • 8.14.1 Asia Pacific Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Refurbished Computers and Laptops Market, 2024 – 2033 (USD Billion)
        • 8.15.1.1 Latin America Refurbished Computers and Laptops Market, by Country, 2024 – 2033 (USD Billion)
    • 8.16 Latin America Refurbished Computers and Laptops Market, by Type, 2024 – 2033
      • 8.16.1 Latin America Refurbished Computers and Laptops Market, by Type, 2024 – 2033 (USD Billion)
    • 8.17 Latin America Refurbished Computers and Laptops Market, by End-user, 2024 – 2033
      • 8.17.1 Latin America Refurbished Computers and Laptops Market, by End-user, 2024 – 2033 (USD Billion)
    • 8.18 Latin America Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033
      • 8.18.1 Latin America Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Refurbished Computers and Laptops Market, 2024 – 2033 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Refurbished Computers and Laptops Market, by Country, 2024 – 2033 (USD Billion)
    • 8.20 The Middle-East and Africa Refurbished Computers and Laptops Market, by Type, 2024 – 2033
      • 8.20.1 The Middle-East and Africa Refurbished Computers and Laptops Market, by Type, 2024 – 2033 (USD Billion)
    • 8.21 The Middle-East and Africa Refurbished Computers and Laptops Market, by End-user, 2024 – 2033
      • 8.21.1 The Middle-East and Africa Refurbished Computers and Laptops Market, by End-user, 2024 – 2033 (USD Billion)
    • 8.22 The Middle-East and Africa Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033
      • 8.22.1 The Middle-East and Africa Refurbished Computers and Laptops Market, by Distribution Channel, 2024 – 2033 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Apple Inc
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Dell Inc
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 HP Inc
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Lenovo Group Ltd
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Amazon Renewed
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Best Buy
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Newegg
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Microsoft Corporation
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Acer Inc
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Samsung Electronics Co. Ltd
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Others.
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
List Of Figures

Figures No 1 to 24

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • Apple Inc
  • Dell Inc
  • HP Inc
  • Lenovo Group Ltd
  • Amazon Renewed
  • Best Buy
  • Newegg
  • Microsoft Corporation
  • Acer Inc
  • Samsung Electronics Co. Ltd
  • Others

FAQs

“North America” region will lead the global Refurbished Computers and Laptops market during the forecast period 2023 to 2032.

The key factors driving the market are Cost Savings, Increasing Quality and Reliability, Environmental Sustainability, Access to Discontinued or Older Models, Growing Business and Educational Sectors, E-commerce and Online Platforms and Emerging Markets.

The key players operating in the Refurbished Computers and Laptops market are Apple Inc, Dell Inc, HP Inc, Lenovo Group Ltd, Amazon Renewed, Best Buy, Newegg, Microsoft Corporation, Acer Inc, Samsung Electronics Co. Ltd, Others.

The global Refurbished Computers and Laptops market is expanding growth with a CAGR of approximately 11.6% during the forecast period (2023 to 2032).

The global Refurbished Computers and Laptops market size was valued at USD 4.9 Billion in 2022 and it is projected to reach around USD 12.6 Billion by 2032.

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