Global IT Asset Disposition (ITAD) Market Growth (Status and Outlook) 2023-2029

Global IT Asset Disposition (ITAD) Market Growth (Status and Outlook) 2023-2029

IT asset disposition (ITAD) is the business built around disposing of obsolete or unwanted equipment in a safe and ecologically-responsible manner. ITAD vendors specialize in the process of streamlining disposition of IT assets, while minimizing costs and maximizing recouping of losses. Businesses have a heavy replacement cycle of IT equipment. Enterprises with worn out old equipment are faced regularly with decisions of whether to refurbish or resell, recycle or dispose of business equipment.
LPI (LP Information)' newest research report, the “IT Asset Disposition (ITAD) Industry Forecast” looks at past sales and reviews total world IT Asset Disposition (ITAD) sales in 2022, providing a comprehensive analysis by region and market sector of projected IT Asset Disposition (ITAD) sales for 2023 through 2029. With IT Asset Disposition (ITAD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IT Asset Disposition (ITAD) industry.
This Insight Report provides a comprehensive analysis of the global IT Asset Disposition (ITAD) 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 Disposition (ITAD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IT Asset Disposition (ITAD) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IT Asset Disposition (ITAD) 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 Disposition (ITAD).
The global IT Asset Disposition (ITAD) market size is projected to grow from US$ 8988 million in 2022 to US$ 17470 million in 2029; it is expected to grow at a CAGR of 10.0% from 2023 to 2029.
North America is expected to lead the global ITAD market, followed by Europe and Asia-Pacific.
The North American market is expected to grow significantly due to significant growth in the I industry.
The region is expected to remain the largest T asset disposal (ITAD) market for the next few years.
Another factor is strict government policies that encourage organizations to adopt the means to safely and properly dispose of their assets.
Europe is the second largest ITAD market in the world.
Data security and regulation are supporting growth in the ITAD market in Europe.
Countries such as Germany, France and the UK have already shown significant demand for ITAD services.
This report presents a comprehensive overview, market shares, and growth opportunities of IT Asset Disposition (ITAD) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
De-Manufacturing and Recycling
Remarketing and Value Recovery
Data Destruction/Data Sanitization
Segmentation by application
BFSI
Government & Public
IT & Telecom
Aerospace & Defense
Healthcare
Media and Media and Entertainment
Other
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.
Arrow Electronics, Inc.
Sims Recycling Ltd.
IBM
HPE
Atlantix Global Systems
Iron Mountain Incorporated.
GEEP
Dell Inc.
ITRenew Inc.
Apto Solutions, Inc.
CloudBlue
Dataserv
TES-AMM Pte Ltd.
LifeSpan International, Inc.

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