Digital Circular Economy Market Growth with Trends, Analysis by Regions, Type, Application, Restraints, and Top 10 Key Players Profile and Forecast to 2031 | SAP oracle, Landbell Group, Anthesis Group, IBM

The Digital Circular Economy Market is anticipated to reach USD 10.0 Billion by 2031 from USD 1.8 Billion in 2022, at a CAGR of 24.1% during the forecast period.

DataM Intelligence has published a new research report on "Digital Circular Economy Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Digital Circular Economy refers to an economic model that integrates digital technologies with circular economy principles to promote sustainability, resource efficiency, and waste reduction. In this system, digital tools and platforms, such as the Internet of Things (IoT), big data, artificial intelligence (AI), and blockchain, are used to optimize resource use, facilitate product life extension, enhance recycling processes, and enable closed-loop systems.

Key Developments:

On October 16, 2023, Honeywell announced a collaboration with Granbio Technologies to produce carbon-neutral sustainable aviation fuel (SAF) from biomass residues at GranBio's upcoming demonstration plant in the U.S.

On October 4, 2022, Google launched an accelerator program aimed at facilitating the transition to a circular economy in North America and Asia-Pacific. This initiative is tailored for startups and non-profit organizations leveraging technology to tackle circularity challenges. The program includes solutions for reuse, refill, recycling, and composting, as well as applications across various sectors such as fashion, food, safe and circular materials, and the built environment.

On October 9, 2022, Braskem unveiled its new circular ecosystem, Wenew. This initiative enables the company to recycle materials in its composition, implement educational programs on conscious consumption and proper disposal, and develop technologies that support its transition toward a circular economy.

Research Process:

Both primary and secondary data sources have been used in the global Digital Circular Economy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Digital Circular Economy Market:

SAP oracle, Landbell Group, Anthesis Group, IBM, iPoint-systems GmbH, Rheaply, One Click LCA Ltd., LENZING AG and KPMG International Limited.

Segment Covered in the Digital Circular Economy Market:

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

Regional Analysis:

The global Digital Circular Economy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Digital Circular Economy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Digital Circular Economy Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Digital Circular Economy manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Digital Circular Economy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Digital Circular Economy Market?

A) 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.

Q2) Who are the key players of Digital Circular Economy Market?

A) SAP oracle, Landbell Group, Anthesis Group, IBM, iPoint-systems GmbH, Rheaply, One Click LCA Ltd., LENZING AG and KPMG International Limited.

Q3) What are the regions covered in this report?

A) The global Digital Circular Economy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

4) What are the Segments Coverd in this report?

A) The Digital Circular Economy market is segmented as By Offering, By Technology, By Application, By End-User

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