UK Sustainability in Technology Market Report 2023
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Stay ahead of the curve and future-proof your business with Mintel’s UK Sustainability in Technology Market Report 2023. Our full report is packed with consumer-led market intelligence, the latest trends and consumer behaviours affecting your industry. Get a 360° view of sustainability in the tech industry to help you align your business strategy with the needs of your audience.
Below, we’ve handpicked the key insights analysed in the full report and summarised the core topics.
The cost-of-living crisis will have a knock-on effect on consumer spending on technology. Less will be spent overall, with selling old tech and buying second-hand ways consumers will seek to navigate the effects of the financial pressures they are facing. Devices for rent and refurbished devices offer opportunities for brands to push sustainable alternatives to buying new devices, and help consumers facing financial difficulties.
Durability ranks as the third-highest factor consumers prioritise when buying a new technology product. By focusing on technology that is built to last, brands can also create a lasting impression of reliability. Sustainability can also be presented through the lens of durability, as being an ethical brand is not important to many consumers.
For consumers, there are barriers to recycling technology, such as not knowing where to go, and concerns over data security. Brands will need to make recycling or donating old devices easy, safe, convenient and financially worthwhile for consumers to encourage their participation.
Purchase our full UK Sustainability in Technology Market Report 2023 to discover lucrative innovation opportunities to help your business grow sustainably during times of financial uncertainty.
This report, written by Joe Birch, a leading technology analyst, delivers in-depth commentary and analysis to highlight current trends shaping sustainability in technology.
In the broader context of consumers’ life priorities, sustainability often takes a back seat to other areas such as health and finances. When it comes to technology, people are conflicted over acting sustainably and saving money on new devices, and want the government and brands to lead the way on sustainability efforts. To stand out on sustainability, brands can promote the durability and ease of repair of new tech, which can resonate with consumers looking for a future-proof investment.
Joe Birch
Consumer Technology Analyst
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel’s proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our databooks* are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
*databooks not available with UK B2B Industry reports.
Please Note: This is a sample report. All of the figures, graphs, and tables have been redacted. Our reports are available to download in PDF and PPT formats.