Market Size And Forecast: Circular Economy Digital Solutions 2021-2027 (Global)
09 Mar, 2023
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Executive Summary
This report helps software vendors, corporates and investors better understand the current and future state of the circular economy solutions market. Solutions in this market enable greater circularity by targeting the product design phase, data transfer through the supply chain, extended producer responsibility beyond manufacturing, and efficient recycling and reuse of products to extend product life cycles and minimize waste. The Verdantix market size and forecast model incorporates analysis of different market drivers, disclosed and estimated revenues from solutions providers, and supporting data from the 2022 Verdantix ESG and sustainability corporate survey, to forecast the market growth by region to 2027. The market in 2021 was worth $468 million and is forecast to grow to over $1.7 billion by 2027, at a CAGR of 27%.
Emerging Regulations Are Set To Drive Growth In Circular Economy Digital Solutions, Despite Economic Headwinds
Market Size Data Reflect Circular Economy Digital Solution Revenues And Current Trends
The Circular Economy Digital Solutions Market Was Worth $468 Million In 2021
New Regulatory Drivers Will Increase Spending Over The Next Five Years
Sustainability Commitments And Shifting Customer Preferences Support Market Growth
The Circular Economy Solutions Market Will Reach $1.7 Billion In 2027
Market Size Data Reflect Circular Economy Digital Solution Revenues And Current Trends
The Circular Economy Digital Solutions Market Was Worth $468 Million In 2021
New Regulatory Drivers Will Increase Spending Over The Next Five Years
Sustainability Commitments And Shifting Customer Preferences Support Market Growth
The Circular Economy Solutions Market Will Reach $1.7 Billion In 2027
Figure 1. Verdantix Market Size And Forecast Methodology
Figure 2. Buying Concepts For The Circular Economy Digital Solutions Market
Figure 3. 2021 Circular Economy Digital Solutions Spend By Region
Figure 4. 2021 Circular Economy Digital Solutions Spend By Industry
Figure 5. Key Regulations For The Circular Economy And Relevant Sub-Industries
Figure 6. Key Components Of The EU Circular Economy Action Plan
Figure 7. Circular Economy Digital Solutions Forecast By Region 2021-2027
Figure 2. Buying Concepts For The Circular Economy Digital Solutions Market
Figure 3. 2021 Circular Economy Digital Solutions Spend By Region
Figure 4. 2021 Circular Economy Digital Solutions Spend By Industry
Figure 5. Key Regulations For The Circular Economy And Relevant Sub-Industries
Figure 6. Key Components Of The EU Circular Economy Action Plan
Figure 7. Circular Economy Digital Solutions Forecast By Region 2021-2027
About the Authors
Guy Lewis
Industry Analyst
Guy is an Industry Analyst in the Verdantix ESG & Sustainability practice. He currently leads research on circular economy software and services and supports research acro…
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Kim Knickle
Research Director
Kim Knickle is a Research Director at Verdantix, bringing more than two decades of analyst experience to the evolving world of sustainability. Her current research spans ESG a…
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