Tech Roadmap: Circular Economy Digital Solutions

Executive Summary

Verdantix calculations put the market size for circular economy digital solutions at $468 million in 2021; it is forecast to grow at a CAGR of 27% to reach over $1.7 billion by 2027 (see Verdantix Market Size And Forecast: Circular Economy Digital Solutions 2021-2027 (Global)). Sustainability and ESG leaders, and product managers responsible for selecting technologies to support circular economy processes, systems and objectives, as well as marketing executives and budget-holders, should use this report to identify technologies that can add value to their operations. Verdantix conducted a fact-based assessment of digital circular economy solutions designed to support firms in the transition to a circular economy. This Tech Roadmap outlines the business value, pace of innovation and maturity of 13 digital circular economy solutions: supply chain sustainability software; carbon management software; EHS software; ESG reporting software; reuse marketplaces; waste analytics software; product lifecycle assessment software; extended reality technology for repair and maintenance; product and materials traceability solutions; smart recycling bins; reverse logistics solutions; product lifecycle management software; and lifecycle inventories.