Digital Circular Economy

Global Digital Circular Economy Market to Reach US$9.1 Billion by 2030

The global market for Digital Circular Economy estimated at US$2.7 Billion in the year 2024, is expected to reach US$9.1 Billion by 2030, growing at a CAGR of 22.9% over the analysis period 2024-2030. Digital Circular Economy Software, one of the segments analyzed in the report, is expected to record a 25.6% CAGR and reach US$6.5 Billion by the end of the analysis period. Growth in the Digital Circular Economy Services segment is estimated at 17.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$722.9 Million While China is Forecast to Grow at 30.9% CAGR

The Digital Circular Economy market in the U.S. is estimated at US$722.9 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 30.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 18.1% and 20.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19.3% CAGR.

Global Digital Circular Economy Market - Key Trends & Drivers Summarized

Why Is the Digital Circular Economy Gaining Traction?
The Digital Circular Economy (DCE) is rapidly gaining momentum as industries seek sustainable solutions to reduce waste, optimize resources, and drive economic efficiency. By leveraging digital technologies such as blockchain, IoT, AI, and cloud computing, businesses are creating closed-loop supply chains that promote material reuse, refurbishment, and recycling. The shift from linear production models to circular systems is being accelerated by increasing consumer awareness, government regulations, and the growing need for resource efficiency. Companies across industries, including manufacturing, retail, and technology, are integrating digital platforms to track material lifecycles, improve product design for longevity, and facilitate responsible consumption. As industries strive to achieve net-zero goals, the digital circular economy is expected to play a crucial role in reducing environmental impact while driving business innovation and profitability.

What Innovations Are Driving the Digital Circular Economy Forward?
Technological advancements are reshaping the Digital Circular Economy by enabling efficient resource management, waste reduction, and data-driven decision-making. Blockchain technology is being used to ensure transparency in supply chains, allowing businesses to track the provenance and sustainability credentials of raw materials. IoT sensors and AI-powered analytics are optimizing asset utilization and predictive maintenance, extending product lifespans and minimizing waste. Cloud-based platforms facilitate seamless collaboration between stakeholders, improving circular supply chain efficiency. Digital twins are emerging as a game-changer, allowing businesses to simulate and optimize resource flows, reducing inefficiencies and costs. With continuous technological progress, the digital circular economy is evolving from a niche concept to a mainstream strategy embraced by forward-thinking enterprises worldwide.

How Are Regulations and Consumer Trends Influencing Market Dynamics?
Government regulations and shifting consumer preferences are playing a pivotal role in shaping the Digital Circular Economy landscape. Stringent policies related to waste management, extended producer responsibility (EPR), and carbon footprint reduction are compelling businesses to adopt circular business models. Regulatory bodies in the EU, the U.S., and Asia-Pacific are enforcing strict guidelines to ensure sustainable production and consumption, driving investments in circular economy solutions. Consumers are also demanding greater transparency, ethical sourcing, and eco-friendly products, prompting brands to integrate circularity into their operations. Businesses that proactively adopt digital circular economy principles are not only ensuring regulatory compliance but also gaining a competitive advantage by aligning with the values of environmentally conscious consumers.

What Are the Key Growth Drivers of the Digital Circular Economy?
The growth in the Digital Circular Economy market is driven by several factors, including the increasing adoption of sustainable business practices, advancements in digital technologies, and regulatory mandates promoting circularity. The rising pressure to minimize waste and optimize resource use is pushing industries toward data-driven sustainability strategies. Digital platforms that facilitate recycling, remanufacturing, and material recovery are gaining traction as businesses strive to close the loop on waste. Corporate sustainability initiatives, fueled by investor and consumer demand, are accelerating the shift toward circular business models. Additionally, the proliferation of cloud computing, AI-driven analytics, and blockchain is enhancing traceability and transparency in circular supply chains. As organizations prioritize long-term resilience and sustainability, the Digital Circular Economy market is expected to witness significant expansion in the coming years.

SCOPE OF STUDY:

The report analyzes the Digital Circular Economy market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Offering (Digital Circular Economy Software, Digital Circular Economy Services); Technology (Blockchain & Distributed Ledger Technology, IoT Technology, AI & ML Technology, AR & VR Technology, VR-based Training Technology, Cloud Computing Technology, Big Data Analytics Technology, Other Technologies); Application (Supply Chain & Materials Tracking Application, Resource Optimization & Efficiency Application, Digital Resale & Reuse Application, Reverse Logistics & Remanufacturing Application, Circular Economy Reporting & Compliance Application, Circular Waste Management & Recycling Application, Smart Material Selection & Testing Application, Other Applications); Vertical (Consumer Electronics Vertical, IT & Telecom Vertical, Automotive Vertical, Manufacturing Vertical, Construction & Building Vertical, Healthcare & Medical Devices Vertical, Energy & Utilities Vertical, Chemicals & Materials Vertical, Fashion & Apparel Vertical, Other Verticals)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• Accenture
• Alibaba Group
• Amazon
• AT&T
• ATRenew
• Cisco
• Closing the Loop
• e-Durable
• IBM
• iPoint-systems
• Microsoft
• Oracle
• Recycled Cloud
• Recykal
• Rheaply
• SAP
• Sircel
• SirionLabs
• Waste Management
• Xerox

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.