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Digital Circular Economy - Global Stategic Business Report

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    Report

  • 511 Pages
  • April 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 6069431
The global market for Digital Circular Economy was estimated at US$2.7 Billion in 2024 and is projected to reach US$9.1 Billion by 2030, growing at a CAGR of 22.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Digital Circular Economy market.

Global Digital Circular Economy Market - Key Trends & Drivers Summarized

Why Is the Digital Circular Economy Gaining Traction?

The Digital Circular Economy (DCE) is rapidly gaining momentum as industries seek sustainable solutions to reduce waste, optimize resources, and drive economic efficiency. By leveraging digital technologies such as blockchain, IoT, AI, and cloud computing, businesses are creating closed-loop supply chains that promote material reuse, refurbishment, and recycling. The shift from linear production models to circular systems is being accelerated by increasing consumer awareness, government regulations, and the growing need for resource efficiency. Companies across industries, including manufacturing, retail, and technology, are integrating digital platforms to track material lifecycles, improve product design for longevity, and facilitate responsible consumption. As industries strive to achieve net-zero goals, the digital circular economy is expected to play a crucial role in reducing environmental impact while driving business innovation and profitability.

What Innovations Are Driving the Digital Circular Economy Forward?

Technological advancements are reshaping the Digital Circular Economy by enabling efficient resource management, waste reduction, and data-driven decision-making. Blockchain technology is being used to ensure transparency in supply chains, allowing businesses to track the provenance and sustainability credentials of raw materials. IoT sensors and AI-powered analytics are optimizing asset utilization and predictive maintenance, extending product lifespans and minimizing waste. Cloud-based platforms facilitate seamless collaboration between stakeholders, improving circular supply chain efficiency. Digital twins are emerging as a game-changer, allowing businesses to simulate and optimize resource flows, reducing inefficiencies and costs. With continuous technological progress, the digital circular economy is evolving from a niche concept to a mainstream strategy embraced by forward-thinking enterprises worldwide.

How Are Regulations and Consumer Trends Influencing Market Dynamics?

Government regulations and shifting consumer preferences are playing a pivotal role in shaping the Digital Circular Economy landscape. Stringent policies related to waste management, extended producer responsibility (EPR), and carbon footprint reduction are compelling businesses to adopt circular business models. Regulatory bodies in the EU, the U.S., and Asia-Pacific are enforcing strict guidelines to ensure sustainable production and consumption, driving investments in circular economy solutions. Consumers are also demanding greater transparency, ethical sourcing, and eco-friendly products, prompting brands to integrate circularity into their operations. Businesses that proactively adopt digital circular economy principles are not only ensuring regulatory compliance but also gaining a competitive advantage by aligning with the values of environmentally conscious consumers.

What Are the Key Growth Drivers of the Digital Circular Economy?

The growth in the Digital Circular Economy market is driven by several factors, including the increasing adoption of sustainable business practices, advancements in digital technologies, and regulatory mandates promoting circularity. The rising pressure to minimize waste and optimize resource use is pushing industries toward data-driven sustainability strategies. Digital platforms that facilitate recycling, remanufacturing, and material recovery are gaining traction as businesses strive to close the loop on waste. Corporate sustainability initiatives, fueled by investor and consumer demand, are accelerating the shift toward circular business models. Additionally, the proliferation of cloud computing, AI-driven analytics, and blockchain is enhancing traceability and transparency in circular supply chains. As organizations prioritize long-term resilience and sustainability, the Digital Circular Economy market is expected to witness significant expansion in the coming years.

Report Scope

The report analyzes the Digital Circular Economy market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Offering (Digital Circular Economy Software, Digital Circular Economy Services); Technology (Blockchain & Distributed Ledger Technology, IoT Technology, AI & ML Technology, AR & VR Technology, VR-based Training Technology, Cloud Computing Technology, Big Data Analytics Technology, Other Technologies); Application (Supply Chain & Materials Tracking Application, Resource Optimization & Efficiency Application, Digital Resale & Reuse Application, Reverse Logistics & Remanufacturing Application, Circular Economy Reporting & Compliance Application, Circular Waste Management & Recycling Application, Smart Material Selection & Testing Application, Other Applications); Vertical (Consumer Electronics Vertical, IT & Telecom Vertical, Automotive Vertical, Manufacturing Vertical, Construction & Building Vertical, Healthcare & Medical Devices Vertical, Energy & Utilities Vertical, Chemicals & Materials Vertical, Fashion & Apparel Vertical, Other Verticals)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Digital Circular Economy Software segment, which is expected to reach US$6.5 Billion by 2030 with a CAGR of a 25.6%. The Digital Circular Economy Services segment is also set to grow at 17.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $722.9 Million in 2024, and China, forecasted to grow at an impressive 30.9% CAGR to reach $2.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Digital Circular Economy Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Digital Circular Economy Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Digital Circular Economy Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as Accenture, Alibaba Group, Amazon, AT&T, ATRenew and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 34 Featured):

  • Accenture
  • Alibaba Group
  • Amazon
  • AT&T
  • ATRenew
  • Cisco
  • Closing the Loop
  • e-Durable
  • IBM
  • iPoint-systems
  • Microsoft
  • Oracle
  • Recycled Cloud
  • Recykal
  • Rheaply
  • SAP
  • Sircel
  • SirionLabs
  • Waste Management
  • Xerox

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

  • Tariff-adjusted market forecasts by region and segment
  • Analysis of cost and supply chain implications by sourcing and trade exposure
  • Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

  • Finalized tariff impacts and new trade agreement effects
  • Updated projections reflecting global sourcing and cost shifts
  • Expanded country-specific coverage across the industry

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Accenture
  • Alibaba Group
  • Amazon
  • AT&T
  • ATRenew
  • Cisco
  • Closing the Loop
  • e-Durable
  • IBM
  • iPoint-systems
  • Microsoft
  • Oracle
  • Recycled Cloud
  • Recykal
  • Rheaply
  • SAP
  • Sircel
  • SirionLabs
  • Waste Management
  • Xerox

Table Information