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Wholesale Electronic Markets And Agents And Brokers: Critical Driver Shaping the Consumer Electronics Demand Propels Growth In The Wholesale Electronic Markets And Agents And Brokers Market Market in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Wholesale Electronic Markets And Agents And Brokers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the wholesale electronic markets, coupled with agents and brokers, has exhibited consistent growth in recent times. It is projected to escalate from $2281.52 billion in 2024 to $2393.75 billion in 2025, documenting a compound annual growth rate (CAGR) of 4.9%. The rise in the historical period can be credited to factors such as the globalization of supply chains, the emergence of e-commerce and online trading platforms, enhanced market transparency, accessible information, more efficient order processing, and a wide array of product offerings.
Wholesale Electronic Markets And Agents And Brokers Market Size Forecast: What's the Projected Valuation by 2029?
Expectations are high for robust growth in the wholesale electronic markets and agents and brokers market size over the next few years. The predicted growth will increase the market to $2927.22 billion in 2029, with a compound annual growth rate (CAGR) of 5.2%. This anticipated growth during the forecast period is due to the shift towards ethical and environmentally friendly sourcing, the incorporation of artificial intelligence (AI), expansion of cross-border commerce, real-time analytics and insights, and partnerships and collaborations. Key trends during the forecast period comprise the assimilation of 5G technology, the customization and personalization of services, protective measures for cyber security, technological collaboration with startups, and a shift towards data-driven decision-making.
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What Are the Drivers Transforming the Wholesale Electronic Markets And Agents And Brokers Market?
The surge in consumer electronics fascination is projected to stimulate the expansion of wholesale electronic markets along with agents and brokers industry in the future. Consumer electronics are defined as electronic commodities devised for everyday, non-business or professional consumer usage. The escalating requirement for consumer electronics, particularly computers and televisions, is set to favor wholesale electronic markets and representative brokers, given they engage in bulk purchasing of new products to retail at wholesale rates in stores, and also acquire used electronics for either reselling or recycling. For example, in February 2022, as informed by Deloitte Touche Tohmatsu Limited, a British professional services company offering a range of services like auditing, consulting, taxation, and advisories to global clientele, consumer electronics sales have depicted varying rates of growth in the past three years worldwide. The sales of computers went up by 34%, TV sets 12%, and smartphones saw a 1% rise. Hence, the escalating demand for consumer electronics is fueling the expansion of wholesale electronic markets alongside agents and brokers industry.
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What Are the Key Trends Driving Wholesale Electronic Markets And Agents And Brokers Market Growth?
The emergence of product innovations is becoming a predominant trend in the wholesale electronic markets and agents and brokers industry. To solidify their foothold, leading entities in these markets are creating novel products. For instance, goTRG, a notable supply chain management firm from the US, unveiled goWholesale in January 2023. This new platform, powered by real-time data, serves as a marketplace for new, remanufactured electronics, and an array of premium wholesale overstock items for retailers, manufacturers, and wholesalers. goWholesale prides itself on unique features, like a shipping visualization tool displaying box or pallet capacity, location planning, and a pricing history tool offering price suggestions and product sales history. This platform aims to provide an advanced, transparent, and engaging buying experience.
Which Segments in the Wholesale Electronic Markets And Agents And Brokers Market Offer the Most Profit Potential?
The wholesale electronic markets and agents and brokersmarket 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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Which Firms Dominate the Wholesale Electronic Markets And Agents And Brokers Market by Market Share and Revenue in 2025?
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., dic*ker Data Ltd., Westcon-Comstor
Which Regions Offer the Highest Growth Potential 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.
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