The Business Research Company’s report on the Wholesale Electronic Markets And Agents And Brokers Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the wholesale electronic markets and agents and brokers market’s growth in recent years?
Rising demand for consumer electronics is expected to boost the growth of the wholesale electronic markets and agents and brokers market going forward. Consumer electronics refers to any electronic product designed for daily, non-commercial, or professional use by consumers. Rising consumer electronics demand, particularly for computers and televisions, is likely to benefit wholesale electronic markets as well as agents and brokers because they deal with buying new products in bulk to be sold at wholesale prices to stores as well as purchasing used electronics for recycling or resale. For instance, in February 2022, according to Deloitte Touche Tohmatsu Limited, a UK-based professional services network that provides audit, consulting, tax, and advisory services to clients globally, in the last three years globally, consumer electronics sales have shown varying growth rates. Computers increased by 34%, TV sets by 12%, and smartphones by 1%. Therefore, rising demand for consumer electronics is driving the growth of the wholesale electronic markets and agents and brokers market.
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How does the future projection of the wholesale electronic markets and agents and brokers market size compare to its historical growth?
The wholesale electronic markets and agents and brokers market size has grown strongly in recent years. It will grow from$2514.78 billion in 2024 to $2677.06 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to globalization of supply chains, e-commerce and online trading platforms, market transparency and information access, efficiency in order processing, diverse product offerings
The wholesale electronic markets and agents and brokers market size is expected to see strong growth in the next few years. It will grow to “$3307.46 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to shift towards sustainable and ethical sourcing, integration of artificial intelligence (ai), expansion of cross-border trade, real-time data analytics and insights, collaborations and partnerships. Major trends in the forecast period include integration of 5g technology, customization and personalization in services, cybersecurity measures for data protection, collaboration with technology startups, shift towards data-driven decision-making.
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Which key players are shaping the future of the wholesale electronic markets and agents and brokers market?
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., Dicker Data Ltd., Westcon-Comstor
What trends will propel the growth and evolution of the wholesale electronic markets and agents and brokers market?
Product innovations have emerged as the key trend gaining popularity in the wholesale electronic markets and agents and brokers market. Major companies operating in the wholesale electronic markets and agents and brokers markets are developing innovative products to strengthen their position in the market. For instance, in January 2023, goTRG, a US-based supply chain management company, launched goWholesale, a new platform to leverage real-time data. It is designed to offer new, refurbished electronics and overstocked premium wholesale items for retailers, manufacturers, and wholesalers to buy and sell goods. The unique features of goWholesale include a shipment visualization tool that shows how full each box or pallet is, location selection, and a price history tool that shows pricing ideas and the history of product sales in addition to offering a sophisticated, open, and game-like purchasing experience.
Which regions are expected to become dominant players 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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What are the emerging key segments in the wholesale electronic markets and agents and brokers market, and how are they evolving?
The wholesale electronic markets and agents and brokers market 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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What defines the structure and scope of the wholesale electronic markets and agents and brokers market?
Wholesale electronic markets and agents and brokers refer to a part of an industry that coordinates the selling of electronic items owned by others, typically for a charge or commission. They are operating on behalf of customers or sellers in the wholesale distribution of goods, especially in cases where buyers and sellers are connected via the internet or other electronic channels.
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