What is Refurbished Computers and Laptops Market?
Refurbish means restoring or renovating. As a result, a device that has become old or returned to the consumer and is repaired to a new state by the manufacturer for reselling it is known as a refurbished computer. Many renovated laptops come with a 25% discount on their original price. More importantly, a refurbished high-quality laptop can be a good-as-new device. The refurbished computer and laptop is one that the consumer returns to the manufacturer or the computer store for a variety of reasons. The rise in the number of BPOs and call centers has a positive effect on the company of refurbished computers and laptops. ITES and IT businesses demand a wide range of computers and laptops. Several new BPOs and call center startups are unable to afford new computer systems; these firms choose to refurbished devices as a cost-effective solution.
Highlights from Refurbished Computers and Laptops Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Amazon.com, Inc. (United States), HP Development Company L.P. (United States), Dell Inc. (United States), ASUSTeK Computers Inc. (Taiwan), ReNew IT (India), Flipkart (India), Insis d.o.o. (Slovenia), Reboot Systems India Private Limited (India) and Quikr (India) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Refurbished Computers and Laptops market throughout the forecasted period.
Amazon.com, Inc. (United States), HP Development Company L.P. (United States), Dell Inc. (United States), ASUSTeK Computers Inc. (Taiwan), ReNew IT (India), Flipkart (India), Insis d.o.o. (Slovenia), Reboot Systems India Private Limited (India) and Quikr (India) are some of the key players profiled in the study. Refurbished Computers and Laptops Market Segmentation:
Scope | Sub-Segments |
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Distribution Channel | Distributors,OEMs,Online |
Product | Computers,Laptops |
End User | Enterprises,Government,Educational Institute,Personal |
On the basis of geography, the market of Refurbished Computers and Laptops has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Customers are using cost-effective ways to purchase computers and laptops
Market Growth Drivers:
Strict controls on e-waste, Availability of refurbished equipment at pocket-friendly prices and Enhanced user experience with the use of second-hand devices offering outstanding reliability and flexibility
Challenges:
Short lifespan of these computers and laptops
Restraints:
Low recognition of refurbished items
Opportunities:
Enhanced supply chain and Increased emphasis on expanding the product range to respond to changing technology standards
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Refurbished Products Distributors, Government Regulatory and Research Organizations and End-Use Industries