Global Electronic Waste (E-Waste) Management Market: Market analysis by Knowledge Sourcing Intelligence
The global electronic waste (E-W aste) management market is expected to grow at a CAGR of 38.25% to reach a total market size of US$9.880 billion by 2022, increasing from US$1.956 billion in 2017. Electronic waste is a generic term for any form of waste electric and electronic equipment (WEEE) consisting of microprocessors or transistors for digital processing of any form of data. The demand for electronic products is increasing on account of expanding the population, rising disposable income, and continuous technological development. Moreover, the durability of electronic products is also falling over the years which is leading to frequent gadget replacement activity by the individuals. Thus, the growing demand for electronic products is simultaneously leading to an increase in the electronic waste generated globally. Simultaneously, the focus on waste management for environmental protection is also contributing to the effort towards e-waste management. How...