Press release
Key Influencer in the Wholesale Electronic Markets And Agents And Brokers Market 2025: Consumer Electronics Demand Propels Growth In The Wholesale Electronic Markets And Agents And Brokers Market Driver
Wholesale Electronic Markets And Agents And Brokers Market
The surge in consumer electronics demand is anticipated to stimulate the expansion of the wholesale electronic markets, as well as agents and brokers. Consumer electronics are any electronic products that are fashioned for daily usage by consumers, unrelated to commercial or professional activities. The escalating demand for consumer electronics, particularly for computers and televisions, is expected to benefit wholesale electronic markets and agents and brokers. This is mainly because these entities are involved in procuring new products in large amounts to be retailed at wholesale rates to shops, and also in acquiring used electronics for recycling or resale. For instance, Deloitte Touche Tohmatsu Limited, a UK-based firm offering audit, consulting, tax, and advisory services to global customers, pointed out in February 2022 that in the preceding three years, consumer electronics sales growth rates have fluctuated globally. Computers saw a rise of 34%, television sets went up by 12%, and smartphones by 1%. Consequently, the mounting demand for consumer electronics is propelling the growth of the wholesale electronic markets and agents and brokers market.
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What growth opportunities are expected to drive the wholesale electronic markets and agents and brokers market's CAGR through 2034?
The market size of agents, brokers, and wholesale electronic markets has seen substantial growth in recent years. The market size is forecasted to expand from $2514.78 billion in 2024 to $2677.06 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. This notable expansion during the historical period can be ascribed to factors such as the globalization of supply chains, the rise of e-commerce and online trading platforms, enhanced market transparency and access to information, improved order processing efficiency, and a variety of product offerings.
The market size for wholesale electronic markets and agents and brokers is set for substantial growth in the coming years. It is expected to reach "$3307.46 billion by 2029, with a compound annual growth rate (CAGR) of 5.4%. Factors contributing to the growth during the forecast period include a move towards more sustainable and ethical procurement practices, the incorporation of artificial intelligence (AI), growth in international trade, real time data analysis and insights along with collaborations and partnerships. The projection period will also see the integration of 5G technology, tailor-made and personalised service offerings, implementation of cybersecurity provisions for data security, partnerships with technology startups, and a transition towards data-driven decision making.
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What are the emerging trends shaping the future of the wholesale electronic markets and agents and brokers market?
The increasing popularity of product innovations is becoming a primary trend within the wholesale electronic markets and agent and broker sectors. Large-scale companies within these markets are generating unique products to reinforce their market standing. For instance, in January 2023, goTRG, an American supply chain management firm, introduced goWholesale, a new platform that utilizes real-time data. This platform is curated to provide new and refurbished electronics and premium wholesale goods that are overstocked for retailers, manufacturers, and wholesalers to trade. goWholesale showcases its unique capacity through features such as a shipment visualization tool that displays the fullness of each box or pallet, price history tool that provides pricing suggestions and the sales history of products, location selection, and a sophisticated, yet accessible and gamified buying experience.
Which growth-oriented segments of the wholesale electronic markets and agents and brokers market are leading the industry's development?
The wholesale electronic markets and agents and brokers market covered in this report is segmented -
1) By Product: Electronic Devices, Home Appliances
2) By Technology: Near Field Communication (NFC), Magnetic Secure Transmission (MST), Artificial Intelligence, Virtual Reality Technology, Generation PCL Technology, Other Technologies
3) By Distribution Channel: Online, Offline
Subsegments:
1) By Electronic Devices: Computers And Accessories, Mobile Phones And Accessories, Audio And Video Equipment, Cameras And Photography Equipment, Gaming Consoles And Accessories
2) By Home Appliances: Major Appliances, Small Appliances, HVAC Equipment, Kitchen Appliances
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What regions are leading the charge in the wholesale electronic markets and agents and brokers market?
Asia-Pacific was the largest region in the wholesale electronic markets and agents and brokers market in 2024. The regions covered in the wholesale electronic markets and agents and brokers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the wholesale electronic markets and agents and brokers market?
Major companies operating in the wholesale electronic markets and agents and brokers market include KIKO Wholesale Group, Direct Liquidation LP, Esi Enterprises Inc., F&E Trading LLC, Yonida International Trading Corp., Nirah Distributors, SSW Wholesale, Global Mobiles Inc., Mibetec U.S. Inc., Link Distribution, Ambar Distributors LLC, Arrow Electronics Inc., Avnet Inc., Future Electronics Inc., Petra Industries, Benz Dealz LLC, goTRG, Consolidated Electronic Distributors Corp., D&H Distributing Co., Ingram Micro Inc., Synnex Corporation, Tech Data Corporation, ScanSource Inc., BlueStar Inc., Almo Corporation, Jenne Inc., SED International Holdings Inc., ASI Corp., Dicker Data Ltd., Westcon-Comstor
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What Is Covered In The Wholesale Electronic Markets And Agents And Brokers Global Market Report?
• Market Size Forecast: Examine the wholesale electronic markets and agents and brokers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the wholesale electronic markets and agents and brokers market for a structured understanding.
• Key Players Overview: Analyze major players in the wholesale electronic markets and agents and brokers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the wholesale electronic markets and agents and brokers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the wholesale electronic markets and agents and brokers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the wholesale electronic markets and agents and brokers market.
• Industry Challenges: Identify potential risks and obstacles affecting the wholesale electronic markets and agents and brokers market.
• Competitive Landscape: Review strategic developments in the wholesale electronic markets and agents and brokers market, including expansions, agreements, and new product launches.
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