IT asset disposition Market by Service (Data Destruction/Data Sanitization, De-Manufacturing & Recycling, Logistics Management & Reverse Logistics), Asset Type (Computers & Laptops, Mobile Devices, Peripherals), Organization Size, End User - Global Forecast 2024-2030
The IT asset disposition Market size was estimated at USD 21.09 billion in 2023 and expected to reach USD 22.82 billion in 2024, at a CAGR 8.40% to reach USD 37.12 billion by 2030.
IT asset disposition refers to the systematic and comprehensive process of repairing, reusing, recycling, repurposing, or disposing of unwanted IT equipment in a safe and environmentally conscious way. This includes computers, servers, networking devices, storage hardware, and other electronics utilized by enterprises and organizations. The rapid technological advancements leading to shorter life cycles of electronic devices necessitate frequent replacements or upgrades. Circular economy initiatives promoting reuse and recycling contribute positively to the expansion of IT asset disposition. However, a lack of awareness about IT asset disposition practices and techniques and high service costs associated with the recycling of electronic items impedes the adoption of disposition practices among potential end-users. Furthermore, improper handling or disposal of e-waste by informal sectors or unregulated entities poses a challenge to the industry by undermining its credibility. However, efforts by major stakeholders, including governments and private players, to expand access to recycling services for IT assets and standardize disposition procedures can improve the adoption rate of IT asset disposition services. Integration of innovative technologies such as automation, artificial intelligence (AI), and blockchain holds great potential within the IT asset disposition. Furthermore, automation within IT asset disposition solutions can streamline operations such as sorting, dismantling, and data destruction processes while reducing human intervention errors.
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- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising trend of BYOD and need for effective IT asset disposition practices worldwide
- 5.1.1.2. Emphasis on responsible disposal practices for IT equipment to reduce e-waste
- 5.1.2. Restraints
- 5.1.2.1. Limited standardization of ITAD and lack of trained professionals
- 5.1.3. Opportunities
- 5.1.3.1. Advancements in IT asset disposition with AI and ML technologies
- 5.1.3.2. Emerging importance of data center IT asset disposition
- 5.1.4. Challenges
- 5.1.4.1. Concerns associated with data security risks during ITAD process
- 5.2. Market Segmentation Analysis
- 5.2.1. Service: Rising adoption of data destruction strategies to ensure data privacy and data erasure
- 5.2.2. Asset type: Utilization of data destruction practices for mobile devices to reduce chances of data breach
- 5.2.3. End user: Growing adoption of IT asset disposition services in BFSI industries to ensure regulatory compliance and data privacy
- 5.2.4. Organization size: Preference for sustainable IT asset recycling and disposal solutions among large enterprises
- 5.3. Market Disruption Analysis
- 5.4. Porter’s Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
- 5.5. Value Chain & Critical Path Analysis
- 5.6. Pricing Analysis
- 5.7. Technology Analysis
- 5.8. Patent Analysis
- 5.9. Trade Analysis
- 5.10. Regulatory Framework Analysis
- 6. IT asset disposition Market, by Service
- 6.1. Introduction
- 6.2. Data Destruction/Data Sanitization
- 6.3. De-Manufacturing & Recycling
- 6.4. Logistics Management & Reverse Logistics
- 6.5. On-Site Equipment Audit Solution
- 6.6. Online Client’s Portal
- 6.7. Remarketing & Value Recovery
- 7. IT asset disposition Market, by Asset Type
- 7.1. Introduction
- 7.2. Computers & Laptops
- 7.3. Mobile Devices
- 7.4. Peripherals
- 7.5. Servers
- 7.6. Storage Devices
- 8. IT asset disposition Market, by Organization Size
- 8.1. Introduction
- 8.2. Large Enterprises
- 8.3. Small & Medium-Sized Enterprises
- 9. IT asset disposition Market, by End User
- 9.1. Introduction
- 9.2. Aerospace & Defense
- 9.3. Banking, Financial Services, & Insurance
- 9.4. Construction & Real Estate
- 9.5. Educational Institutions
- 9.6. Energy & Utility
- 9.7. Healthcare Industry
- 9.8. IT & Telecom
- 9.9. Logistics & Transportation
- 9.10. Manufacturing
- 9.11. Media & Entertainment
- 9.12. Public Sector & Government Offices
- 10. Americas IT asset disposition Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific IT asset disposition Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa IT asset disposition Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. Market Share Analysis, 2023
- 13.2. FPNV Positioning Matrix, 2023
- 13.3. Competitive Scenario Analysis
- 13.3.1. Dynamic Lifecycle Innovations Enters Vendor Partnership with TD Synnex
- 13.3.2. ScalePad Introduces IT Asset Disposal With Expansive Coverage and Zero Cost
- 13.3.3. TES Announces New Las Vegas Facility to Expand IT Asset Disposition Services in North America
- 13.4. Strategy Analysis & Recommendation
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.2. Key Product Portfolio
- FIGURE 1. IT ASSET DISPOSITION MARKET RESEARCH PROCESS
- FIGURE 2. IT ASSET DISPOSITION MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL IT ASSET DISPOSITION MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. IT ASSET DISPOSITION MARKET DYNAMICS
- FIGURE 7. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY SERVICE, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY SERVICE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY ASSET TYPE, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY ASSET TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY END USER, 2023 VS 2030 (%)
- FIGURE 14. GLOBAL IT ASSET DISPOSITION MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS IT ASSET DISPOSITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS IT ASSET DISPOSITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES IT ASSET DISPOSITION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES IT ASSET DISPOSITION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC IT ASSET DISPOSITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC IT ASSET DISPOSITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA IT ASSET DISPOSITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA IT ASSET DISPOSITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. IT ASSET DISPOSITION MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 24. IT ASSET DISPOSITION MARKET, FPNV POSITIONING MATRIX, 2023
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