Refurbished Networking Equipment Market Size, Trends and Insights By Component (Hardware, RAN, Core Network, Fixed Access, Others, Software, Infrastructure Software, OSS/BSS, Others, Services, Professional Services, Advisory/Consulting, Design / Optimization, Tools & Automation, Security, Deployment Services, Testing, Installation, Integration, Managed Services, Network Performance & Management, App / Data Management, RAN Operation Support, Core Operation Support, Security, Training), By Connectivity (2G/3G, 4G LTE, 5G), By Network Type (Public Network, Private Network), By End-user (Telecom Operators, Enterprises, Public Safety, Healthcare, Retail and e-Commerce, Banking, Financial Services, & Insurance, Government & Defense, Manufacturing, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Cisco Systems Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise (HPE)
- IBM Corporation
- Juniper Networks Inc.
- Others
Reports Description
Global Refurbished Networking Equipment Market is expected to witness considerable growth from 2024 to 2033, driven by the increasing demand for cost-effective networking solutions, the growing adoption of sustainable practices, and the rising need for scalable networking infrastructure.
Refurbished networking equipment, including routers, switches, and wireless devices, provides a viable solution for businesses seeking to upgrade their network infrastructure without the high costs associated with new equipment.
This market growth is fueled by the expanding focus on reducing e-waste, optimizing IT budgets, and the growing trend of businesses opting for refurbished solutions to maintain operational efficiency.
The market is projected to register a Compound Annual Growth Rate (CAGR) of approximately 4.6% during the forecast period, with the market size estimated at USD 145.5 Billion in 2024 and expected to reach USD 170.52 Billion by 2033.
Advancements in refurbishment processes, such as improved testing, reconditioning, and certification procedures, contribute to the enhanced reliability and performance of refurbished networking equipment.
Additionally, the growing adoption of cloud-based services and the increasing need for advanced networking solutions in emerging markets drive the demand for high-quality, affordable networking equipment.
Businesses and consumers alike are recognizing the value proposition offered by refurbished products, which often deliver comparable performance to new equipment at a fraction of the cost. Marketing campaigns emphasizing the environmental benefits and cost savings associated with refurbished equipment play a significant role in driving market growth.
Conversely, challenges such as limited availability of refurbished equipment, potential concerns over product longevity, and competition from lower-cost new equipment may impact market expansion.
Moreover, businesses and consumers who prioritize the latest technologies and features may be hesitant to opt for refurbished solutions, particularly in industries where cutting-edge networking capabilities are essential.
The global trend toward sustainable business practices and cost optimization further accelerates the adoption of refurbished networking equipment across various sectors, including enterprise, telecommunication, and data centers.
Refurbished networking equipment, valued for its cost-effectiveness and environmental benefits, plays a crucial role in helping businesses achieve their networking needs while adhering to sustainability goals.
Active management of refurbished equipment includes efficient sourcing, rigorous testing, and certification processes to ensure optimal performance and reliability. This sector specifically targets enterprises and service providers looking for affordable and sustainable networking solutions.
Refurbished Networking Equipment Market: Overview
Refurbished networking equipment includes a variety of pre-owned or previously used networking devices that have been reconditioned, tested, and certified for resale. These products encompass routers, switches, firewalls, and wireless devices, among others, that offer reliable performance at reduced costs.
In the realm of networking infrastructure, refurbished equipment provides a sustainable and cost-effective solution for businesses seeking to upgrade or expand their networks without compromising on quality or performance. The refurbishment process often involves comprehensive testing, replacement of faulty components, and thorough cleaning to ensure that the equipment meets industry standards.
Refurbished Networking Equipment Market: Growth Factors
- Cost-Effectiveness: The increasing demand for cost-effective networking solutions drives the adoption of refurbished equipment, which offers significant savings compared to new products.
- Sustainability Initiatives: Growing awareness of environmental sustainability and efforts to reduce e-waste contribute to the rising popularity of refurbished networking equipment.
- Budget Optimization: Enterprises and service providers seek to optimize IT budgets, making refurbished networking equipment an attractive option for upgrading infrastructure without substantial investment.
- Technological Advancements in Refurbishment: Continuous improvements in refurbishment processes, including enhanced testing, reconditioning, and certification, ensure that refurbished products meet high standards of quality and performance.
- Rising Demand in Emerging Markets: The expanding need for advanced networking solutions in emerging markets, coupled with limited budgets, drives the demand for refurbished networking equipment.
Refurbished Networking Equipment Market: Recent Developments
- In January 2023, Cisco Systems, Inc. announced the expansion of its Cisco Refresh program, which offers certified refurbished networking equipment. The program aims to meet the growing demand for cost-effective and sustainable networking solutions in various markets.
- In February 2023, Hewlett Packard Enterprise (HPE) introduced a new line of refurbished networking equipment under its GreenLake brand. This initiative aligns with HPE’s commitment to sustainability and provides customers with affordable, high-performance networking solutions.
Refurbished Networking Equipment Market: Recent News
- Refurbished Networking Equipment In 2024: Juniper Networks launched a global awareness campaign promoting the benefits of its certified refurbished products. The campaign highlights the cost savings, environmental impact, and reliability of refurbished networking equipment.
- Refurbished Networking Equipment In 2024: Dell Technologies reported a significant increase in demand for its refurbished networking devices, particularly from small and medium-sized enterprises (SMEs) seeking affordable solutions for network expansion.
Refurbished Networking Equipment Market: Challenges
- Product Availability: The availability of specific refurbished networking equipment may be limited, leading to challenges in meeting customer demand.
- Perception of Quality: Potential concerns regarding the longevity and reliability of refurbished equipment may deter some businesses from adopting these solutions.
- Technological Advancements: Rapid advancements in networking technology may reduce the appeal of refurbished equipment, particularly for organizations that prioritize the latest features and capabilities.
- Market Competition: The presence of low-cost new equipment in the market presents competition for refurbished products, requiring continuous innovation and differentiation.
- Supply Chain Management: Ensuring a consistent supply of high-quality refurbished equipment involves managing complex supply chains and maintaining rigorous standards throughout the refurbishment process.
Refurbished Networking Equipment Market: Segmentation
By Component Type:
In 2023, the hardware segment led the market, capturing over 59% of global revenue. This growth is driven by the widespread deployment of network hardware and core equipment across various applications, including enterprises, remote surgeries, industrial robotics, autonomous vehicles, wireless cameras, and smart cities.
Additionally, the expansion of emerging radio access network (RAN) services, core network services, and fixed access hardware components further fuels the hardware segment’s growth. The market’s expansion in network hardware is closely tied to the increasing adoption of network equipment and cables by small businesses, consumer premise equipment, and home applications.
The software segment is expected to experience notable growth, with a projected CAGR of 3.9% throughout the forecast period. This segment encompasses the total revenue generated from the deployment of both on-premises and cloud-based software solutions for the radio access network (RAN), core network, and fixed access.
It includes infrastructure software, such as network infrastructure management tools, as well as operations support systems (OSS), business support systems (BSS), and other software, including application software.
By Connectivity:
In 2023, the 4G LTE segment led the market, accounting for over 76% of global revenue. Voice over Long-Term Evolution (VoLTE) technology relies on 4G LTE networks to transmit data and route voice traffic. Moreover, 4G provides faster access to applications and content, reduces latency, and supports the latest converging services based on multimedia subsystems with unified network protocols and architectures.
Looking ahead, the 5G segment is expected to grow at the fastest CAGR of 22.3% during the forecast period. The enhanced efficiency and superior performance offered by 5G are poised to deliver exceptional user experiences and interfaces, opening up numerous innovative use cases across industry verticals such as automotive, retail, and education. These advancements are being actively pursued by various industries to gain a competitive edge, which is anticipated to drive the segment’s growth.
By Network Type:
In 2023, the public network segment led the market, capturing around 69.8% of global revenue. This growth is largely driven by the rise of smart city projects worldwide. For instance, in May 2020, Hong Kong introduced a subsidy plan to promote the early deployment of 5G across the region, which is expected to boost demand for public networks and contribute to market expansion.
Meanwhile, the private network segment is projected to experience the fastest growth, with a CAGR of 4.5% over the forecast period. Private networks are configured with specific settings within routers and access points to restrict external access.
These networks also incorporate various physical and virtual devices, including access points, bridges, hubs, modems, gateways, routers, and switches. The increasing emphasis on enhanced network security is driving enterprises to adopt private network equipment, further propelling the growth of this segment.
By End-User:
In 2023, the telecom operators segment led the market, accounting for over 63% of global revenue. Telecom operators are responsible for deploying network equipment and infrastructure to deliver telecommunication services, including telephone, data communication, and computer networking, using various communication technologies, such as microwaves.
To meet the high demand from telecom operators, leading network equipment providers are offering specialized networking services that leverage private networks with LTE and 5G connectivity. These factors are significantly contributing to the growth of the telecom operators segment.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 145.5 Billion |
| Projected Market Size in 2033 | USD 170.52 Billion |
| Market Size in 2023 | USD 144.1 Billion |
| CAGR Growth Rate | 4.6% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Component, Connectivity, Network Type, End-user and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Refurbished Networking Equipment Market: Regional Analysis
- North America: North America is expected to dominate the global Refurbished Networking Equipment Market, driven by the strong presence of leading refurbishment companies and the widespread adoption of sustainable IT practices. The United States, in particular, leads the market, with enterprises and service providers increasingly opting for refurbished equipment to reduce costs and support environmental sustainability.
- Asia Pacific: In 2023, Asia Pacific led the network equipment market, capturing over 37.8% of global revenue. This dominance is attributed to the region’s high adoption rate of next-generation network equipment and infrastructure, driven by its inclination toward embracing new technologies. For instance, during the Huawei Global Analyst Summit (HAS) 2022 in April, Huawei Technologies Co., Ltd. announced plans to explore uplink spectrum reconstruction, ultra-high bandwidth, green air interfaces, ELAA-MM, and native intelligence to help operators build ‘1+1+N’ 5.5G networks and enhance network capabilities. Such advancements are expected to sustain Asia Pacific’s leading position in the market.
- Europe: Europe is projected to grow at a CAGR of 4.7% over the forecast period. This growth is driven by increasing collaborations, partnerships, and investments in smart city infrastructure, along with new product launches from key companies like Telefonaktiebolaget LM Ericsson and Nokia Corporation. Additionally, the high penetration of networking equipment in the region and the ongoing production and development of networking parts and components across Europe further contribute to the market’s expansion.
- Latin America and the Middle East & Africa: Latin America and the Middle East & Africa are emerging markets for refurbished networking equipment, with increasing investments in IT infrastructure and growing awareness of the benefits of refurbished products. The demand for cost-effective networking solutions in these regions is expected to drive market expansion.
List of the prominent players in the Refurbished Networking Equipment Market:
- Cisco Systems Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise (HPE)
- IBM Corporation
- Juniper Networks Inc.
- Arista Networks Inc.
- Fortinet Inc.
- NETGEAR Inc.
- Ubiquiti Inc.
- Extreme Networks Inc.
- Brocade Communications Systems Inc.
- Alcatel-Lucent Enterprise
- Huawei Technologies Co. Ltd.
- Nokia Corporation
- TP-Link Technologies Co. Ltd.
- ZTE Corporation
- Avaya Inc.
- Barracuda Networks Inc.
- Riverbed Technology Inc.
- Edgewater Networks Inc.
- Others
The Refurbished Networking Equipment Market is segmented as follows:
By Component
- Hardware
- RAN
- Core Network
- Fixed Access
- Others
- Software
- Infrastructure Software
- OSS/BSS
- Others
- Services
-
- Professional Services
- Advisory/Consulting
- Design / Optimization
- Tools & Automation
- Security
-
- Deployment Services
- Testing
- Installation
- Integration
-
- Managed Services
- Network Performance & Management
- App / Data Management
- RAN Operation Support
- Core Operation Support
- Security
- Training
By Connectivity
- 2G/3G
- 4G LTE
- 5G
By Network Type
- Public Network
- Private Network
By End-user
- Telecom Operators
- Enterprises
- Public Safety
- Healthcare
- Retail and e-Commerce
- Banking, Financial Services, & Insurance
- Government & Defense
- Manufacturing
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Refurbished Networking Equipment Market, (2024 – 2033) (USD Billion)
- 2.2 Global Refurbished Networking Equipment Market: snapshot
- Chapter 3. Global Refurbished Networking Equipment Market – Industry Analysis
- 3.1 Refurbished Networking Equipment Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Cost-Effectiveness
- 3.2.2 Sustainability Initiatives
- 3.2.3 Budget Optimization
- 3.2.4 Technological Advancements in Refurbishment
- 3.2.5 Rising Demand in Emerging Markets.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Connectivity
- 3.7.3 Market Attractiveness Analysis By Network Type
- 3.7.4 Market Attractiveness Analysis By End-user
- Chapter 4. Global Refurbished Networking Equipment Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Refurbished Networking Equipment Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Refurbished Networking Equipment Market – Component Analysis
- 5.1 Global Refurbished Networking Equipment Market Overview: By Component
- 5.1.1 Global Refurbished Networking Equipment Market Share, By Component, 2023 and 2033
- 5.2 Hardware
- 5.2.1 Global Refurbished Networking Equipment Market by Hardware, 2024 – 2033 (USD Billion)
- 5.3 RAN
- 5.3.1 Global Refurbished Networking Equipment Market by RAN, 2024 – 2033 (USD Billion)
- 5.4 Core Network
- 5.4.1 Global Refurbished Networking Equipment Market by Core Network, 2024 – 2033 (USD Billion)
- 5.5 Fixed Access
- 5.5.1 Global Refurbished Networking Equipment Market by Fixed Access, 2024 – 2033 (USD Billion)
- 5.6 Others
- 5.6.1 Global Refurbished Networking Equipment Market by Others, 2024 – 2033 (USD Billion)
- 5.7 Software
- 5.7.1 Global Refurbished Networking Equipment Market by Software, 2024 – 2033 (USD Billion)
- 5.8 Infrastructure Software
- 5.8.1 Global Refurbished Networking Equipment Market by Infrastructure Software, 2024 – 2033 (USD Billion)
- 5.9 OSS/BSS
- 5.9.1 Global Refurbished Networking Equipment Market by OSS/BSS, 2024 – 2033 (USD Billion)
- 5.10 Others
- 5.10.1 Global Refurbished Networking Equipment Market by Others, 2024 – 2033 (USD Billion)
- 5.11 Services
- 5.11.1 Global Refurbished Networking Equipment Market by Services, 2024 – 2033 (USD Billion)
- 5.12 Professional Services
- 5.12.1 Global Refurbished Networking Equipment Market by Professional Services, 2024 – 2033 (USD Billion)
- 5.13 Advisory/Consulting
- 5.13.1 Global Refurbished Networking Equipment Market by Advisory/Consulting, 2024 – 2033 (USD Billion)
- 5.14 Design / Optimization
- 5.14.1 Global Refurbished Networking Equipment Market by Design / Optimization, 2024 – 2033 (USD Billion)
- 5.15 Tools & Automation
- 5.15.1 Global Refurbished Networking Equipment Market by Tools & Automation, 2024 – 2033 (USD Billion)
- 5.16 Security
- 5.16.1 Global Refurbished Networking Equipment Market by Security, 2024 – 2033 (USD Billion)
- 5.17 Deployment Services
- 5.17.1 Global Refurbished Networking Equipment Market by Deployment Services, 2024 – 2033 (USD Billion)
- 5.18 Testing
- 5.18.1 Global Refurbished Networking Equipment Market by Testing, 2024 – 2033 (USD Billion)
- 5.19 Installation
- 5.19.1 Global Refurbished Networking Equipment Market by Installation, 2024 – 2033 (USD Billion)
- 5.20 Integration
- 5.20.1 Global Refurbished Networking Equipment Market by Integration, 2024 – 2033 (USD Billion)
- 5.21 Managed Services
- 5.21.1 Global Refurbished Networking Equipment Market by Managed Services, 2024 – 2033 (USD Billion)
- 5.22 Network Performance & Management
- 5.22.1 Global Refurbished Networking Equipment Market by Network Performance & Management, 2024 – 2033 (USD Billion)
- 5.23 App / Data Management
- 5.23.1 Global Refurbished Networking Equipment Market by App / Data Management, 2024 – 2033 (USD Billion)
- 5.24 RAN Operation Support
- 5.24.1 Global Refurbished Networking Equipment Market by RAN Operation Support, 2024 – 2033 (USD Billion)
- 5.25 Core Operation Support
- 5.25.1 Global Refurbished Networking Equipment Market by Core Operation Support, 2024 – 2033 (USD Billion)
- 5.26 Security
- 5.26.1 Global Refurbished Networking Equipment Market by Security, 2024 – 2033 (USD Billion)
- 5.27 Training
- 5.27.1 Global Refurbished Networking Equipment Market by Training, 2024 – 2033 (USD Billion)
- 5.1 Global Refurbished Networking Equipment Market Overview: By Component
- Chapter 6. Global Refurbished Networking Equipment Market – Connectivity Analysis
- 6.1 Global Refurbished Networking Equipment Market Overview: By Connectivity
- 6.1.1 Global Refurbished Networking Equipment Market Share, By Connectivity, 2023 and 2033
- 6.2 2G/3G
- 6.2.1 Global Refurbished Networking Equipment Market by 2G/3G, 2024 – 2033 (USD Billion)
- 6.3 4G LTE
- 6.3.1 Global Refurbished Networking Equipment Market by 4G LTE, 2024 – 2033 (USD Billion)
- 6.4 5G
- 6.4.1 Global Refurbished Networking Equipment Market by 5G, 2024 – 2033 (USD Billion)
- 6.1 Global Refurbished Networking Equipment Market Overview: By Connectivity
- Chapter 7. Global Refurbished Networking Equipment Market – Network Type Analysis
- 7.1 Global Refurbished Networking Equipment Market Overview: By Network Type
- 7.1.1 Global Refurbished Networking Equipment Market Share, By Network Type, 2023 and 2033
- 7.2 Public Network
- 7.2.1 Global Refurbished Networking Equipment Market by Public Network, 2024 – 2033 (USD Billion)
- 7.3 Private Network
- 7.3.1 Global Refurbished Networking Equipment Market by Private Network, 2024 – 2033 (USD Billion)
- 7.1 Global Refurbished Networking Equipment Market Overview: By Network Type
- Chapter 8. Global Refurbished Networking Equipment Market – End-user Analysis
- 8.1 Global Refurbished Networking Equipment Market Overview: By End-user
- 8.1.1 Global Refurbished Networking Equipment Market Share, By End-user, 2023 and 2033
- 8.2 Telecom Operators
- 8.2.1 Global Refurbished Networking Equipment Market by Telecom Operators, 2024 – 2033 (USD Billion)
- 8.3 Enterprises
- 8.3.1 Global Refurbished Networking Equipment Market by Enterprises, 2024 – 2033 (USD Billion)
- 8.4 Public Safety
- 8.4.1 Global Refurbished Networking Equipment Market by Public Safety, 2024 – 2033 (USD Billion)
- 8.5 Healthcare
- 8.5.1 Global Refurbished Networking Equipment Market by Healthcare, 2024 – 2033 (USD Billion)
- 8.6 Retail and e-Commerce
- 8.6.1 Global Refurbished Networking Equipment Market by Retail and e-Commerce, 2024 – 2033 (USD Billion)
- 8.7 Banking, Financial Services, & Insurance
- 8.7.1 Global Refurbished Networking Equipment Market by Banking, Financial Services, & Insurance, 2024 – 2033 (USD Billion)
- 8.8 Government & Defense
- 8.8.1 Global Refurbished Networking Equipment Market by Government & Defense, 2024 – 2033 (USD Billion)
- 8.9 Manufacturing
- 8.9.1 Global Refurbished Networking Equipment Market by Manufacturing, 2024 – 2033 (USD Billion)
- 8.10 Others
- 8.10.1 Global Refurbished Networking Equipment Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Refurbished Networking Equipment Market Overview: By End-user
- Chapter 9. Refurbished Networking Equipments Market – Regional Analysis
- 9.1 Global Refurbished Networking Equipments Market Regional Overview
- 9.2 Global Refurbished Networking Equipments Market Share, by Region, 2023 & 2033 (USD Billion)
- 9.3. North America
- 9.3.1 North America Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.3.1.1 North America Refurbished Networking Equipments Market, by Country, 2024 – 2033 (USD Billion)
- 9.3.1 North America Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.4 North America Refurbished Networking Equipments Market, by Component, 2024 – 2033
- 9.4.1 North America Refurbished Networking Equipments Market, by Component, 2024 – 2033 (USD Billion)
- 9.5 North America Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033
- 9.5.1 North America Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033 (USD Billion)
- 9.6 North America Refurbished Networking Equipments Market, by Network Type, 2024 – 2033
- 9.6.1 North America Refurbished Networking Equipments Market, by Network Type, 2024 – 2033 (USD Billion)
- 9.7 North America Refurbished Networking Equipments Market, by End-user, 2024 – 2033
- 9.7.1 North America Refurbished Networking Equipments Market, by End-user, 2024 – 2033 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.8.1.1 Europe Refurbished Networking Equipments Market, by Country, 2024 – 2033 (USD Billion)
- 9.8.1 Europe Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.9 Europe Refurbished Networking Equipments Market, by Component, 2024 – 2033
- 9.9.1 Europe Refurbished Networking Equipments Market, by Component, 2024 – 2033 (USD Billion)
- 9.10 Europe Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033
- 9.10.1 Europe Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033 (USD Billion)
- 9.11 Europe Refurbished Networking Equipments Market, by Network Type, 2024 – 2033
- 9.11.1 Europe Refurbished Networking Equipments Market, by Network Type, 2024 – 2033 (USD Billion)
- 9.12 Europe Refurbished Networking Equipments Market, by End-user, 2024 – 2033
- 9.12.1 Europe Refurbished Networking Equipments Market, by End-user, 2024 – 2033 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.13.1.1 Asia Pacific Refurbished Networking Equipments Market, by Country, 2024 – 2033 (USD Billion)
- 9.13.1 Asia Pacific Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.14 Asia Pacific Refurbished Networking Equipments Market, by Component, 2024 – 2033
- 9.14.1 Asia Pacific Refurbished Networking Equipments Market, by Component, 2024 – 2033 (USD Billion)
- 9.15 Asia Pacific Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033
- 9.15.1 Asia Pacific Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033 (USD Billion)
- 9.16 Asia Pacific Refurbished Networking Equipments Market, by Network Type, 2024 – 2033
- 9.16.1 Asia Pacific Refurbished Networking Equipments Market, by Network Type, 2024 – 2033 (USD Billion)
- 9.17 Asia Pacific Refurbished Networking Equipments Market, by End-user, 2024 – 2033
- 9.17.1 Asia Pacific Refurbished Networking Equipments Market, by End-user, 2024 – 2033 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.18.1.1 Latin America Refurbished Networking Equipments Market, by Country, 2024 – 2033 (USD Billion)
- 9.18.1 Latin America Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.19 Latin America Refurbished Networking Equipments Market, by Component, 2024 – 2033
- 9.19.1 Latin America Refurbished Networking Equipments Market, by Component, 2024 – 2033 (USD Billion)
- 9.20 Latin America Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033
- 9.20.1 Latin America Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033 (USD Billion)
- 9.21 Latin America Refurbished Networking Equipments Market, by Network Type, 2024 – 2033
- 9.21.1 Latin America Refurbished Networking Equipments Market, by Network Type, 2024 – 2033 (USD Billion)
- 9.22 Latin America Refurbished Networking Equipments Market, by End-user, 2024 – 2033
- 9.22.1 Latin America Refurbished Networking Equipments Market, by End-user, 2024 – 2033 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Refurbished Networking Equipments Market, by Country, 2024 – 2033 (USD Billion)
- 9.23.1 The Middle-East and Africa Refurbished Networking Equipments Market, 2024 – 2033 (USD Billion)
- 9.24 The Middle-East and Africa Refurbished Networking Equipments Market, by Component, 2024 – 2033
- 9.24.1 The Middle-East and Africa Refurbished Networking Equipments Market, by Component, 2024 – 2033 (USD Billion)
- 9.25 The Middle-East and Africa Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033
- 9.25.1 The Middle-East and Africa Refurbished Networking Equipments Market, by Connectivity, 2024 – 2033 (USD Billion)
- 9.26 The Middle-East and Africa Refurbished Networking Equipments Market, by Network Type, 2024 – 2033
- 9.26.1 The Middle-East and Africa Refurbished Networking Equipments Market, by Network Type, 2024 – 2033 (USD Billion)
- 9.27 The Middle-East and Africa Refurbished Networking Equipments Market, by End-user, 2024 – 2033
- 9.27.1 The Middle-East and Africa Refurbished Networking Equipments Market, by End-user, 2024 – 2033 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Cisco Systems Inc.
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Dell Technologies Inc.
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Hewlett Packard Enterprise (HPE)
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 IBM Corporation
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Juniper Networks Inc.
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Arista Networks Inc.
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Fortinet Inc.
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 NETGEAR Inc.
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Ubiquiti Inc.
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Extreme Networks Inc.
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Brocade Communications Systems Inc.
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Alcatel-Lucent Enterprise
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Huawei Technologies Co. Ltd.
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Nokia Corporation
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 TP-Link Technologies Co. Ltd.
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 ZTE Corporation
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Avaya Inc.
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 Barracuda Networks Inc.
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Riverbed Technology Inc.
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Edgewater Networks Inc.
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.21 Others.
- 10.21.1 Overview
- 10.21.2 Financials
- 10.21.3 Product Portfolio
- 10.21.4 Business Strategy
- 10.21.5 Recent Developments
- 10.1 Cisco Systems Inc.
List Of Figures
Figures No 1 to 58
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Cisco Systems Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise (HPE)
- IBM Corporation
- Juniper Networks Inc.
- Arista Networks Inc.
- Fortinet Inc.
- NETGEAR Inc.
- Ubiquiti Inc.
- Extreme Networks Inc.
- Brocade Communications Systems Inc.
- Alcatel-Lucent Enterprise
- Huawei Technologies Co. Ltd.
- Nokia Corporation
- TP-Link Technologies Co. Ltd.
- ZTE Corporation
- Avaya Inc.
- Barracuda Networks Inc.
- Riverbed Technology Inc.
- Edgewater Networks Inc.
- Others
FAQs
The key factors driving the Market are Cost-Effectiveness, Sustainability Initiatives, Budget Optimization, Technological Advancements in Refurbishment, Rising Demand in Emerging Markets.
The “Hardware” category dominated the market in 2023.
The key players in the market are Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise (HPE), IBM Corporation, Juniper Networks Inc., Arista Networks Inc., Fortinet Inc., NETGEAR Inc., Ubiquiti Inc., Extreme Networks Inc., Brocade Communications Systems Inc., Alcatel-Lucent Enterprise, Huawei Technologies Co. Ltd., Nokia Corporation, TP-Link Technologies Co. Ltd., ZTE Corporation, Avaya Inc., Barracuda Networks Inc., Riverbed Technology Inc., Edgewater Networks Inc., Others.
“North America” had the largest share in the Refurbished Networking Equipment Market.
The global market is projected to grow at a CAGR of 4.6% during the forecast period, 2024-2033.
The Refurbished Networking Equipment Market size was valued at USD 145.5 Billion in 2024.