MPB, the world’s biggest retailer of used photography gear recently took a survey on unused tech in people’s homes. I mean, it makes sense, they’re a used good retailer, so they want to know how much potential inventory is out there. Despite having a presence in both the USA and the UK, MPB’s survey only covers the UK, but their research states that 53% of adults in the UK have a camera they don’t use.
According to their survey, 83% of UK adults have at least one piece of unused tech in their home and almost two-thirds of adults have never sold their old tech when they no longer need it. When it comes specifically to camera gear, the average value of unused kit is £293.50 (~$360). Extrapolated out to the population as a whole, that equates to a whopping £19 billion or around $23 billion.