Global IT Asset Disposal Services Market Growth (Status and Outlook) 2024-2030

Global IT Asset Disposal Services Market Growth (Status and Outlook) 2024-2030

IT Asset Disposal Services, or Asset Recovery, are outsourcing disposition/recycling services for managing IT assets in their retirement phase.

The global IT Asset Disposal Services market size is projected to grow from US$ 767.9 million in 2023 to US$ 1482.7 million in 2030; it is expected to grow at a CAGR of 9.9% from 2024 to 2030.

LPI (LP Information)' newest research report, the “IT Asset Disposal Services Industry Forecast” looks at past sales and reviews total world IT Asset Disposal Services sales in 2023, providing a comprehensive analysis by region and market sector of projected IT Asset Disposal Services sales for 2024 through 2030. With IT Asset Disposal Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IT Asset Disposal Services industry.

This Insight Report provides a comprehensive analysis of the global IT Asset Disposal Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on IT Asset Disposal Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IT Asset Disposal Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IT Asset Disposal Services and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IT Asset Disposal Services.

The future market trends of ITAD services are driven by factors such as the evolution of technologies, the consolidation of BYOD trend, the growing demand for energy-efficient products, the adoption of cloud-based technologies, and the increasing awareness of environmental sustainability45. Some of the key trends in the ITAD market are:

The emergence of circular economy and refurbished market, which aims to extend the lifespan of IT assets and reduce the environmental impact of e-waste.

The growing sales of old equipment on auction websites, which provide a cost-effective and convenient way for buyers and sellers to trade used IT assets.

The increasing use of data sanitisation platforms, such as Blancco, which ensure the complete and irreversible erasure of sensitive data on IT assets.

The expansion of ITAD services to new regions and markets, such as Asia-Pacific, Latin America, and Africa, where the demand for used IT equipment is rising.

This report presents a comprehensive overview, market shares, and growth opportunities of IT Asset Disposal Services market by product type, application, key players and key regions and countries.

Segmentation by type
Computers/Laptops
Servers
Mobile Devices
Storage Devices
Others

Segmentation by application
Large Enterprises
SMEs

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Arrow Electronics
Apto Solutions
Insight Enterprises
Dell
Avnet
Sims Recycling Solutions
HP
U.S. Micro
PlanITROI
Cascade Asset Management
HOBI International
Ingram Micro
EPC
Park Place Technologies
Iron Mountain
Technimove

Please note: The report will take approximately 2 business days to prepare and deliver.