Over the past decade, the reuse of IT equipment and smartphones has experienced significant growth. Where refurbished products were once seen as a compromise, they are now increasingly embraced as smart and sustainable choices. And the numbers prove it.
Strong growth in refurbished IT
According to the International Data Corporation (IDC), the market for refurbished IT equipment grows by 10-15% annually. Refurbished laptops now represent approximately 10% of the total laptop market. This growth reflects a broader shift: both businesses and individuals are increasingly recognizing the value of reused technology.
Refurbished smartphones: A thriving market
The market for refurbished smartphones is also showing impressive results. Research from Counterpoint Research shows that the sales of refurbished smartphones worldwide grew by 15% in 2021, compared to just 5% growth in the sales of new devices. This points to increasing consumer acceptance of sustainable technology.
The benefits of reuse
Refurbished devices offer significant advantages:
- Sustainability: Reuse reduces the demand for new raw materials and helps limit e-waste.
- Cost-effective: Users often save 20-50% compared to new products.
- Quality: Thanks to strict refurbishing processes, these devices are reliable and often indistinguishable from new.
These advantages make refurbished technology appealing to a wide audience, from consumers to large businesses.
Future outlook
According to TechInsights, the global market for refurbished smartphones and IT equipment will continue to grow in the coming years, driven by increasing environmental awareness and economic benefits. A study by Recommerce and Vodafone shows that over 52% of Europeans are considering purchasing a refurbished device, indicating a clear shift in consumer behavior.
This positive trend highlights the role of refurbished technology in a sustainable and circular economy. Want to contribute to a more sustainable future? Explore the wide range of refurbished laptops, desktops, and more at Back in Use. Together, we make technology greener.
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