Smart Indoor Gardening Market 2018 | Covid19 Impact Analysis | Business Outlook, Growth, Revenue, Trends and Forecasts 2026

 Smart Indoor Gardening Market:

The demand within the global smart indoor gardening market has been rising on account of the increasing given on indoor aesthetics. Indoor gardens have emerged as a new area within the field of interior designing and several people sectors have adopted them. Gardening is considered as a popular hobby for masses across the globe, and the emergence of indoor gardening has further popularised the former. It is expected that the demand for indoor gardening system would increase at a robust rate in the years to come. Apart from the popularity of gardening, the adoption of exotic styles of interior designing has also led to the growth of the global market for smart indoor gardening system. Furthermore, several new and advanced methods of indoor gardening have come to the fore which has further propelled market demand. It is projected that the global market for indoor gardening system would expand alongside advancements in the field of green interior designing.

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The global market for indoor gardening system can be segmented on the basis of the following parameters: product type, geography, and end-user industry. These segments collectively form the basis of growth within the global market for indoor gardening system. Hence, it is important to delve into the specifics of this market.

A report added by Transparency Market Research (TMR) on the global market for indoor gardening system sheds value on several key growth standpoints and market dynamics. It is expected that the global smart indoor gardening market would expand alongside advancements in the engineering technologies. The report elaborates on all the key demand drivers pertaining to the global smart indoor gardening market. Competitive tracking of the global smart indoor gardening market is also a key part of the report. 

Global Smart Indoor Gardening Market: Trends and Opportunities

The demand within the global indoor gardening system market has been rising on account of the changing trends in the field of interior designing. Indoor gardening is the preferred mode for enhancing the aesthetics of residential and commercial spaces which has given a push to the growth of the global smart indoor gardening market. Furthermore, the demand for exotic construction modes and green technologies has also played an underhanded role in the growth of the global market in recent times. It is expected that the dynamics of the global smart indoor gardening market would improve as new interior designing technologies gather popularity. 

Global Smart Indoor Gardening System Market: Market Potential

The demand within the global smart indoor gardening market has traced an escalating graph of growth in recent times. This owes to the presence of a developed architectural industry across multiple regional pockets. Furthermore, the presence of key providers of smart indoor gardening facilities also offers commendable potential for growth within the global smart indoor gardening. 

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Global Smart Indoor Gardening Market: Regional Outlook

The demand within the smart indoor gardening market in North America has been rising at a robust rate. This owes to the presence of a well-developed interior designing industry in the region. Furthermore, the need for improved gardening has also led to the growth of the market for smart indoor gardening in recent times.

Global Smart Indoor Gardening Market: Competitive Landscape

Some of the key players in the global smart indoor gardening market are AVA Technologies Inc., EDN Inc., Click and Grow, and Grobo Inc.

This report gives access to decisive data, such as:

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for the coming years

Key highlights of this report include:

• Overview of key market forces propelling and restraining market growth
• Up-to-date analyses of market trends and technological improvements
• Pin-point analyses of market competition dynamics to offer you a competitive edge
• An analysis of strategies of major competitors
• An array of graphics and SWOT analysis of major industry segments
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Offers a clear understanding of the competitive landscape and key product segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

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Secure Web Gateway Market is expected to grow at CAGR of 20.7% during the forecast period from 2017 to 2025

 Transparency Market Research observes that competitive landscape in the global secure web gateway market is moderately fragmented. Each big and new player has been closely watching the IT market to understand its impact on the demand of secure web gateways. Companies such as IBM Corporation, Forcepoint, Symantec Corporation, Cisco Systems, Inc., and Sophos Group Plc are expected to develop affordable solutions to cater the growing demands of small enterprises, which in turn to will help the players to expand their horizons. A shift toward cloud-based solutions will be seen in the forthcoming years as companies try to make the most of this technology.

According to the research report, the global secure web gateway market is expected to be worth US$12,443.0 mn by the end of 2025. During the forecast period of 2017 and 2025, the global market is expected to surge at a CAGR of 20.7%. The report also suggests, that the solution segment will prosper more than the software one. Geographically, North America is expected to stand out as the culture of Bring Your Own Device (BYOD) is becoming an important aspect of the professional setups.

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Cloud-based Applications Spike Demand for Better Secure Web Gateways

Numerous advancements such as threat intelligence integration, automated real-time breach detection and prevention platforms and implementation of stringent laws and regulations are expected to boost the secure web gateway market. Infrastructural developments and increasing technological enhancements in web security products and solutions in various emerging economies have been identified as the key growth drivers for the global market. Email gateway solution segment is projected to grow at highest CAGR over the forecast period due to increasing need to filter an emails that contains suspicious content, attachments, URLs and spam filtering. Launch of innovative secure web gateway solutions by number of players and growing IT spending have also made a significant difference to the positive earnings of the global market.

Multiple web security solutions and services providers are now offering advanced cloud based web security solutions. This emerging trend is expected to work in favor of the global market over the forecast period. Increasing adoption of secure web gateway solutions in BFSI industry is in order to protect banking and financial services firms and safeguard critical financial data from exposure and online frauds is anticipated to augment the global market.

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Rapid uptake of cloud-based applications has also spiked the demand for secure web gateway solutions amongst small and medium enterprises. Analysts anticipate that growing usage of advanced data storage technology will also have a positive effect on the global market. The wave of digitization in emerging economies is expected to create myriad lucrative opportunities for the global market in the forthcoming years.

Lack of Acceptance of Newer Technologies to Negatively Impact Market

On the downside, the global secure web gateway market is negatively impact by the slow process of transformation to cloud, especially for individual organizations. Furthermore, the initial high cost of investment for adopting new solutions and training personnel is also expected to dissuade end users. Furthermore, lack of awareness about secure web gateways and poor rate of acceptance amongst various enterprises are expected to hamper the growth of the global market. The strong presence of traditional firewall solutions is also projected hamper market growth in the near future.

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This review is based on Transparency Market Research’s report, titled “Secure Web Gateway Market (Component - Solution (Social Media Control, Email Gateway, Data Loss Prevention, and Content Inspection Management) and Services (Training and Education, Consulting Services, and Professional Services); Industry Vertical - BFSI, Telecom and IT, Healthcare, Retail, Government and Defense, Education, and Others; Deployment - Cloud and On-Premise; End User - Large Enterprises, Small, and Medium Enterprises) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025”.

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High Resistivity Silicon Wafers Market Research Report for Complete Analysis of Current Scenario

 Transparency Market Research delivers key insights on the global high resistivity silicon wafers market. In terms of revenue, the global high resistivity silicon wafers market is estimated to expand at a CAGR of 8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global high resistivity silicon wafers market.

High resistivity silicon is a monocrystalline silicon having a bulk resistivity larger than 1 kΩcm. High resistivity silicon wafers are used in various end-use industries such as security systems, consumer electronics, healthcare, power electronics, and telecommunications to meet emerging performance requirements of telecommunication devices. High resistivity silicon wafers are largely used in the telecommunications industry, as it is an ideal candidate for a substrate for a GHz &THz transmission line due to low loss tangent, besides its availability at low cost. Thus, the demand for high resistivity silicon wafers is projected to rise across the globe in the near future with the growing trend of making novel RF devices and detectors & sensors to perform operations quickly and safely. The adoption of technologically advanced, high resistivity silicon wafers has increased in the power electronics and telecommunications industry with the introduction of new technologies and innovations, thereby creating lucrative opportunities for the global high resistivity silicon wafers market. A large number of players including Shin-Etsu Chemical Co., Ltd., Siltronic AG, Soitec, Sumco Corporation, and Wafer Works Corporation are developing new silicon on insulator wafers, which are used to make RF chips, switch devices, and antenna tuners for smartphones, computers, and others products.

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The global high resistivity silicon wafers market has been broadly segmented by type, production technology, application, and end-use industry. Based on type, the market has been divided into single side polished wafers, double side polished wafers, silicon on insulator wafers, and others. Based on production technology, the market has been segmented into standard Cz, MCz, ultra-low Oi A-MCz, FZ, and others. In terms of application, the market has been segregated into detectors & sensors, power semiconductors, MEMS devices, RF devices, and others. In terms of end-use industry, the market has been divided into security systems, consumer electronics, healthcare, power electronics, telecommunications, and others. Among types, the silicon on insulator wafers segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period. This is primarily attributable to significant use of silicon on insulator wafers in Microelectromechanical Systems (MEMS) and advanced complementary metal–oxide–semiconductor (CMOS) integrated circuit fabrication.

High Resistivity Silicon Wafers Market: Dynamics

In the telecommunications industry, high frequency signals are required for transmission of signals over long distance with minimum loss of signal strength. RF devices such as Wi-Fi wireless internet devices, Zigbee wireless devices, cordless telephones, and other devices are significantly used in offices, commercial, and residential places. The use of silicon wafers in RF devices is ideal, as they are capable of lowering the coupling between devices and provide low-loss substrates for high speed and system integration. Thus, increasing demand for RF devices in the global telecommunications sector is projected to have a positive impact on the global high resistivity silicon wafers market during the forecast period.

Moreover, advancement in technology and surge in demand for use of technologically advanced high resistivity silicon wafer products in power semiconductor applications have increased across the globe. For instance, in March 2017, Sil’tronix ST developed highly boron-doped wafers, a new manufacturing process to handle all the production steps for P++ silicon wafers (resistivity closed to 1m?.cm). This process is helpful to control and set the precise value of resistivity level as per application requirements. Thus, incorporation of advanced technology in high resistivity silicon wafers for the power electronics field across the globe is expected to boost the global high resistivity silicon wafers market during the forecast period.

High Resistivity Silicon Wafers Market: Prominent Regions

According to regional analysis, Asia Pacific is the dominant region of the global high resistivity silicon wafers market. The growth of the market in the region can be attributed to the significant manufacturing ability of players operating in the Asia Pacific market to produce high resistivity silicon wafers for consumer electronics and power electronics applications. China has proved to be the most diversified and dynamic market. A majority of high resistivity silicon wafers are silicon on insulator wafers, which are used in CMOS devices to increase the speed performance of semiconductor devices; this is anticipated to drive the high resistivity silicon wafers market in Asia Pacific in the next few years.

China held a major share of the Asia Pacific high resistivity silicon wafers market, in terms of revenue, followed by Japan, in 2019. However, in terms of revenue, the market in India is anticipated to expand at a substantial CAGR during the forecast period. North America is focusing on the adoption of high resistivity silicon wafers in order to strengthen its consumer electronics and power electronics field. The U.S. is home to several well-established players that design and offer high resistivity silicon wafers. Thus, rising demand for high resistivity silicon wafers in consumer electronics and power electronics sectors is anticipated to boost the high resistivity silicon wafers market in North America during the forecast period. The market in Europe is estimated to witness prominent growth during the forecast period. The high resistivity silicon wafers market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

High Resistivity Silicon Wafers Market: Key Players

Key players operating in the global high resistivity silicon wafers market include GlobalWafers Co., Ltd. (Topsil), Okmetic, Semiconductor Wafer Inc., Shin-Etsu Chemical Co., Ltd., Sil’tronix ST, Siltronic AG, Soitec, Sumco Corporation, and Wafer Works Corporation.

Global High Resistivity Silicon Wafers Market: Segmentation

High Resistivity Silicon Wafers Market, by Type

• Single Side Polished Wafers
• Double Side Polished Wafers
• Silicon on Insulator Wafers
• Others

High Resistivity Silicon Wafers Market, by Production Technology

• Standard Cz
• MCz
• Ultra-low Oi A-MCz
• FZ
• Others

High Resistivity Silicon Wafers Market, by Application

• Detectors & Sensors
• Power Semiconductors
• MEMS Devices
• RF Devices
• Others

High Resistivity Silicon Wafers Market, by End-use Industry

• Security Systems
• Consumer Electronics
• Healthcare
• Power Electronics
• Telecommunications
• Others

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Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Contact Center Solution Market Projected to Witness Vigorous Expansion by 2030

 Transparency Market Research delivers key insights on the global contact center solution market. In terms of revenue, the global contact center solution market is estimated to expand at a CAGR of 19.3% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global contact center solution market.

A contact center solution is a system that offers automatic contact sharing and inbound contact handling capabilities, united with a high degree of complexities in terms of active contact traffic management. Contact center solutions have the capability of offering competitive benefits to enterprises by helping them to enhance efficiency and productivity through the automation of outbound and inbound processes of a contact center.

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The global contact center solution market is broadly affected by several factors, including rise in technological advancements in the field of customer relationship management, and integration of artificial intelligence and machine learning into business processes, which is expected to boost the global contact center solution market during the forecast period. Increasing need to cater to dynamic customer requirements and rise in omni-channel communication have propelled the demand for contact center solutions across the globe.

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Contact Center Solution Market: Prominent Regions

The contact center solution market in North America is expected to expand during the forecast period, owing to the presence of key market players and technological advancements. The U.S. is the key market in the region due to the high adoption and integration of contact center solutions by BPO companies. The contact center solution market in Europe is projected to witness favorable growth during the forecast period due to significant expansion of the service-based sector in the region. The Asia Pacific contact center solution market is likely to expand during the forecast period, owing to digitalization of the sector and presence of large number of IT companies in the region.

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Contact Center Solution Market: Key Players

Key players operating in the global contact center solution market are 8x8, Inc., Alcatel-Lucent International, Avaya, Inc., Cisco Systems, Inc., Five9, Inc., Huawei Technologies Co., Ltd., IBM Corporation, Mitel Networks Corp., NICE Ltd., Oracle Corporation, Salesforce.com, Inc., SAP SE, West Corporation, Zendesk Inc., and ZTE Corporation.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Refurbished Computer and Laptop Market Highlighting Major Drivers and Key Trends 2021- 2031

 

People with Economic Barriers Opt for Desired Computing Machine with Warranty

Technology has evolved to proving useful in every aspect of life and work. It has become necessary for most people to use computers and laptops at home and the workplace to keep up with several personal and professional factors. However, the cost of brand new devices might not be affordable to many. Thus, many consumers look for resale products if not a low-cost alternative. Various businesses and some key leading players are offering refurbished computers and laptops at decreased prices that have undergone a severe process restoring them to the same performance and quality measures as brand-new products. Various product dealers and manufacturers suggest that refurbished computers can be just as secure and reliable as new computers, but buyers must do their due diligence and buy from a source they trust. The growing people's dependence on machines and technology is anticipated to boost the global refurbished computer and laptop market during the forecast period.

Refurbished can be referred to as an umbrella term for recertified or repaired products for resale. The products can vary as per the industry; however, in the computer industry, refurbished products vary from desktops to laptops. The refurbished laptops are available at a reduced or discounted price from the brand-new model. However, some refurbished models can lack some of the important processing features such as decreased RAM, less disk space, and generation, as the refurbishing process takes them off the fast-moving electronics market for a few months. However, people with financial concerns to buy the desired laptop are increasingly adopting refurbished PCs to fulfill their requirements. Moreover, brands provide a return feature for the products, so in case consumer finds difficulty dealing with an old laptop, it can be replaced easily. Thus, the refurbished computer and laptop market is expected to grow in the near future.

refurbished computer and laptop market infographic

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Shutdown of IT, Technical Operations Fuels Demand for Cheap Computers to Work from Home

Every stage of the COVID-19 pandemic saw varying consumer interest for different kinds of products. While the coronavirus crisis is most likely to affect consumer behavior, most consumers are expected to choose products that deliver better value. With the cost-saving benefits at the time of the pandemic, refurbished products witnessed a surge in the demand mostly in the electronics segment. Every stage of the pandemic changed rules to operate for businesses. Moreover, consumer studies witnessed a surge in interest for different kinds of products with a variety of individuals opting for used devices to save costs. The market amidst pandemic observed the increasing demand for refurbished computer and laptop market as many employees from IT, ITES, KPO, BPOs, and other non-technical businesses were asked to work from home to protect themselves from the virus. The rise in the demand for these products opened up new market doors for the post-COVID-19 times. As pandemic continues to affect business operations in several developing countries, the refurbished computer and laptop market is expected to grow during the forecast period.

Various changes are being made by local governments to restore the markets to normal due to fall in coronavirus cases. Major computers and laptop manufacturers have added refurbish products for sale on their websites and stores. Thus, various exciting offers can be expected by consumers, as businesses need to promote refurbished computers and laptops market. There is likely to be a heavy surge in demand for refurbished electronics as the market gains its momentum back. However, challenges faced in the lockdown will hamper the growth as many people lost their jobs and businesses with limited financial backup. Nevertheless, with the global electronics industry expecting to gain rapid demand after the pandemic, it is most likely to influence the global refurbished computer and laptop market during the forecast period.

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Negative Influencing Individuals, Businesses Hampers Market Growth

Businesses and major retailers in the refurbished computer and laptop market are inclined toward planning different strategies to enhance the consumer assurance to buy second-hand devices. Key leading players are focusing on enhancing user convenience and experience by increasing reliability and versatility in devices. Businesses are enhancing their efficiency to improve the damaged or used computing devices and make it easier to operate as a brand new device. Key players such as Dell Inc. also offer a range of refurbished laptop and desktop products and services. Moreover, in June 2020, Microsoft offered to license refurbishers under the ‘Microsoft Authorized Refurbisher’ (MAR) licensing program. The growing involvement of brand new computer and laptop manufacturers in the refurbished computer and laptop market is increasing the quality standards of other businesses, which are expected to result in enhanced user experience.

The market has observed various individuals and companies spreading fear and perceptions against refurbished laptops and computers as a result of inexperience and lack of information on these products. However, buyers are recommended to understand the distinction between having the latest configuration and utilizing all the features of that configuration. As many refurbished devices may not have updated specifications and configurations, various consumers might feel the need to buy the latest versions of whatever they are buying. Nevertheless, a majority of individuals use personal computers only for normal tasks including checking mail, developing documents in MS Word and Excel and of course, web browsing. Thus, people are suggested to focus on having devices that match their work requirements, rather than looking for more computing power. Thus, refurbished devices can provide the required computing power at lesser capital expenditure. The personal end user segment is anticipated to account for the second highest share of the refurbished computer and laptop market.

Growing IT Sector Worldwide Rises Demand for Cheap Computer Alternatives

Presently, ITES and IT service companies are increasingly demanding affordable and quality refurbished computers and laptops to flatten the pending productivity curve cost-effectively. In addition, various new startups have emerged in the BPO and KPO sectors that are less likely to afford new computers for the business. Thus, these corporations are most likely to prefer refurbished devices to save the excess costs. Moreover, the IT industry is rapidly growing in the Asia Pacific and Europe, which presents valuable opportunities for the refurbished computers and laptops market. The global refurbished computer and laptop market is projected to reach the value of US$ 8 Bn by 2031, expanding at a CAGR of ~11% during the forecast period.

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Refurbished Computer and Laptop Market: Overview

• The latest research report published by Transparency Market Research pertains to the global refurbished computer and laptop market for the historical period 2018 & 2019 and the forecast period 2021–2031
• Refurbished computers and laptops refer to the distribution of computers and laptops that are previously used and returned to the manufacturer or the refurbisher. These used computers and laptops are generally tested for defects and functionality before selling them to customers.
• The refurbished computer and laptop market is expanding at a significant pace, as the end user verticals of the market are expanding at a rapid pace. Laptops and computers being offered at cheaper rates and the need to reduce e-waste being generated are expected to drive the market. Refurbished devices fulfill the system requirements of customers, which is expected to boost the refurbished computer and laptop market.
• In terms of revenue, the global refurbished computer and laptop market is projected to reach the value of US$ 8 Bn by 2031, expanding at a CAGR of ~11% during the forecast period

Improvements in Affordability, Functionality: Key Driver of Refurbished Computer and Laptop Market

• Growing usage of computers and laptops in everyday schools, colleges, and other institutes is increasingly creating demand for refurbished products in resource sharing programs that allow students to take home the refurbished laptops from the institution for a limited period of time. For instance, public schools located in the city of Spokane in Washington, the U.S., have collaborated with the Spokane Public Library that offers laptops and computers to students for educational purposes.
• Rise in e-waste produced by the IT sector is offering substantial opportunity to refurbishers. IT organizations are anticipated to give their e-waste to Original Equipment Manufacturers (OEMs) or for refurbishment or recycling. The Green Initiative via government regulations and IT corporations such as Dell emphasizing on recycling and refurbishing to reduce electronic waste is enforced by governments in order to follow environmental regulations.
• Individual and enterprise customers are looking for cost-effective and affordable solutions for laptops and computers
• The refurbished computer and laptop market in Asia Pacific is estimated to expand at a robust pace during the forecast period. The market in Asia Pacific is predominantly driven by the advent of refurbished computer and laptop providers, and increasing awareness & adoption of refurbished computers and laptops in the region.

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Increase in Demand for Refurbished Devices from ITES, IT Sectors: Major Factor Fueling Refurbished Computer and Laptop Market

• Increase in the number of call centers and Business Process Outsourcing (BPO) units have a positive impact on the computer business. ITES (Information Technology Enabled Services) and IT organizations require a large number of refurbished laptops and computers. Currently, several new call centers and BPOs cannot afford new PCs for their business. These corporations prefer refurbished products as a cost-effective solution. This factor is expected to drive the global refurbished computer and laptop market.
• The expansion of contact centers and IT industry in Europe and Asia Pacific offers substantial opportunity for refurbishers and PC makers. Refurbished computers and laptops are made available at a comparatively lower cost than new products without comprising on the quality. Moreover, OEMs offer extended warranty on components and devices.
• Increasing demand for cost-effective systems in BPOs and the service sector is fueling the demand for refurbished devices that are available at affordable prices at secondary markets. OEMs and other refurbished device providers are offering computers and laptops at a lower price. This is likely to impact the global refurbished computer and laptop market.

Refurbished Computer and Laptop Market: Competition Landscape

• Detailed profiles of OEMs and refurbishers active in the refurbished computer and laptop market have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
• Key OEM players operating in the global refurbished computer and laptop market areAcer Inc.
• Apple Inc.
• ASUSTeK Computer Inc.
• Dell Inc.
• HCL Technologies
• HP Development Company, L.P.
• Lenovo Group Limited
• Microsoft Corporation
• Samsung Electronics Co. Ltd.
• The key refurbishers engaged in providing refurbished computers and laptops includeAdvanced Skyline Technology Ltd (AST)
• Blair Tech
• 2ndgear.com
• Recompute
• Reboot Systems
• Refurbix
• ReNew IT
• GigaRefurb
• OCM Business Systems Ltd.

Refurbished Computer and Laptop Market: Key Developments

• Key refurbishers in the refurbished computer and laptop market such as Advanced Skyline Technology Ltd (AST), Blair Tech, 2ndgear.com, Recompute, Reboot Systems, Refurbix, and ReNew IT are focusing on developing cost-effective computers and laptops to attract more customers in ITES and residential sectors. Additionally, these players active in the refurbished computer and laptop market are focusing on growth strategies such as partnerships, investment, and funding with the help of non-profit organizations to enhance their reach.
• Some of the key developments in the global refurbished computer and laptop market are highlighted below:In June 2021, Associated Bank entered into a partnership with nonprofit organization Digital Bridge and assembled approximately 100 refurbished computers and laptops and provided them to the United Way of Greater Milwaukee & Waukesha County
• In April 2021, BAE Systems announced plans to contribute 200 laptops to Lancashire County Council to support pupils in the county. BAE Systems is planning to contribute around 1,000 laptops to other councils over the coming months. The company has also partnered with DXC Technology, an IT services provider, to categorize used laptops that have been cleansed, refurbished, and fully rebuilt.
• In May 2020, Back Market, a refurbished electronics marketplace, announced a funding round of US$ 120 Mn from investors, including Goldman Sachs, Aglae Ventures, and Eurazeo Growth, creating more opportunities to sell refurbished electronic devices that includes computers and laptops
• In September 2018, HP announced plans to enter the refurbished personal computer market in India, which would help to increase services by HP for refurbished devices at affordable prices in India
• RenewIT, a major player in old IT equipment approached the Indian Government to provide refurbished laptops to local schools
• In the global refurbished computer and laptop market report, we have discussed the growth drivers and strategies, followed by company profiles of OEMS and refurbishers operating in the refurbished computer and laptop market. The ‘Competitive Scenario’ section has been included in the report to provide readers with a dashboard view and the emerging & leading players operating in the global refurbished computer and laptop market.