How Big is Digital Circular Economy Market?
How Big is Digital Circular Economy Market? openPR
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Global Digital Circular Economy Market
Introduction
The Global Digital Circular Economy Market reached US$ 1.8 Billion in 2023 and is expected to reach US$ 10.0 Billion by 2031, growing with a CAGR of 24.1% during the forecast period 2024-2031.
Objectives
The objectives of this report are multifaceted and aimed at offering a comprehensive understanding of the Digital Circular Economy market dynamics. These objectives encompass a meticulous analysis and forecast of the market’s dimensions, encompassing both its value and volume aspects. Additionally, the report seeks to discern and delineate the market shares held by major segments within the Digital Circular Economy industry, providing stakeholders with a nuanced perspective on market dynamics.
Market Evolution
The report provides a panoramic overview of the Digital Circular Economy market’s evolution across diverse geographical regions globally, capturing the nuances of regional variations in market trends and developments. It also aims to conduct a granular examination of micro-markets within the Digital Circular Economy domain, scrutinizing their contributions to the overarching market landscape and elucidating their growth trajectories and distinctive trends.
Competitive Analysis
This section evaluates the competitive landscape of the Digital Circular Economy market by focusing on the key players.
- SAP oracle
- Landbell Group
- Anthesis Group
- IBM
- iPoint-systems GmbH
- Rheaply
- One Click LCA Ltd.
- LENZING AG
- KPMG International Limited
Conclusion: Competitive analysis reveals the dynamic environment of the Digital Circular Economy market with each key player adopting unique strategies to secure their position. Market leaders face pressure from agile new entrants, making innovation and adaptability key to continued success.
Market Segmentation
This section categorizes the Digital Circular Economy market into segments based on various criteria such as analysis type, industry, region, etc.
- By Offering: Services, Software
- By Technology: Al & ML, AR & VR, Big Data Analytics, Blockchain, Cloud Computing, IoT, Others
- By Application: Circular Economy Reporting and Compliance, Circular Waste Management and Recycling, Digital Resale and Reuse, Resource Optimization and Efficiency, Reverse Logistics and Remanufacturing, Smart Material Selection & Testing, Supply Chain and Materials Tracking, Others
- By End-User: Automotive, Construction & Building, Consumer Electronics, Energy & Utilities, Healthcare & Medical Devices, IT & Telecom, Manufacturing, Others
Key Regions and Countries
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the value and sales data of each region and country for the period 2024-2031.
- North America
- United States
- Canada
- Europe
- Germany
- France
Key Features Of The Study
This report provides in-depth analysis of the global Digital Circular Economy market, and provides market size (us$ million) and cagr for the forecast period (2024-2030), considering 2022 as the base year. This report profiles key players in the global Digital Circular Economy market based on the following parameters – company details (found date, headquarters, manufacturing bases), products portfolio, Digital Circular Economy sales data, market share and ranking. This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market. This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook. The global Digital Circular Economy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Conclusion
The Global Digital Circular Economy market is expected to witness significant growth in the coming years. With the Sustainable Development Goals (SDGs) in focus, the market is poised to contribute towards achieving a more sustainable and circular economy. Stakeholders should closely monitor market trends and developments to capitalize on the opportunities presented by the Digital Circular Economy market.
SDGs, Targets, and Indicators
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 11: Sustainable Cities and Communities
- SDG 12: Responsible Consumption and Production
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.
- SDG 11.6: By 2030, reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
- SDG 12.2: By 2030, achieve the sustainable management and efficient use of natural resources.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Market size (US$ million) and CAGR (Compound Annual Growth Rate) for the forecast period (2024-2030)
- Market shares held by major segments within the Digital Circular Economy industry
- Growth of the Digital Circular Economy market in different regions and countries
- Adoption of clean and environmentally sound technologies and industrial processes
- Reduction of adverse per capita environmental impact of cities, including air quality and waste management
- Sustainable management and efficient use of natural resources
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.4: Upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes. | – Market shares held by major segments within the Digital Circular Economy industry – Adoption of clean and environmentally sound technologies and industrial processes |
| SDG 11: Sustainable Cities and Communities | Target 11.6: Reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management. | – Market shares held by major segments within the Digital Circular Economy industry – Reduction of adverse per capita environmental impact of cities, including air quality and waste management |
| SDG 12: Responsible Consumption and Production | Target 12.2: Achieve the sustainable management and efficient use of natural resources. | – Market shares held by major segments within the Digital Circular Economy industry – Sustainable management and efficient use of natural resources |
Copyright: Dive into this article, curated with care by SDG Investors Inc. Our advanced AI technology searches through vast amounts of data to spotlight how we are all moving forward with the Sustainable Development Goals. While we own the rights to this content, we invite you to share it to help spread knowledge and spark action on the SDGs.
Fuente: openpr.com
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