IT Asset Disposition Market Key Players, Share, Trend, Applications, Segmentation and Forecast to 20

Author: Rahul Sisodiya

The global IT asset disposition market is showing immense growth; mainly due to the emergence of technological advancements in the field of electronics. Also, increasing adoption of mobile devices is one major factor driving the growth of the market. Increasing inclination towards development of energy efficient products and growing adoption of the same is another major factor driving the market growth.

According to a recent study report published by Market Research Future, the global market of IT Asset Disposition Market is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023). Also, increasing demand for IT asset disposition from medium and small enterprises is one major factor driving the market growth. IT asset disposition market is highly competitive due to the increase in cloud-based technologies and increasing adoption of smartphones and tablets. One major concern among enterprises is the growing need to reduce their power consumption from servers. Owing to rising concerns regarding environmental policies, the IT asset disposition market is witnessing major growth. The media and entertainment industry vertical is expected to grow at the highest rate owing to the increasing adoption of the same.

On the other hand, lack of awareness and high service costs are major factors hindering the growth of IT asset disposition market. For proper disposal of IT assets, awareness regarding the rules and regulations is necessary. If proper ITAD services are not used and the IT assets are disposed in an improper way, it may badly affect the environment.

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Key Players:

Hewlett Packard Enterprise Company (U.S.), IBM Corporation (U.S.), Arrow Electronics, Inc. (U.S.), Dell Inc. (U.S.), SIMS Recycling Solutions (U.K), Iron Mountain Incorporated (U.S.), Apto Solution, Inc. (U.S.), TBS Industries (U.S.), ITrenew Inc. (U.S.), TES-AMM (Singapore) Pte Ltd., Lifespan International Inc. (U.S.), Ingram Micro ITAD (U.S.) and PlanITROI, Inc. (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global IT Asset Disposition Market.

IT Asset Disposition Global Market - Segmentation

The IT asset disposition market can be classified into 4 key segments for the convenience of the report and enhanced understanding;

Segmentation by Service Type: Comprises of de-manufacturing and recycling, remarketing and value recovery, data destruction/data sanitization, logistics management and reverse logistics and others.

Segmentation by Asset Type: Comprises of computer/laptops, servers, mobile devices, storage devices and peripherals.

Segmentation by Organization Size: Comprises of SMEs and Large Enterprises.

Segmentation by End User: Comprises of BFSI, IT & telecommunication, healthcare, aerospace & defense, manufacturing, media & entertainment, educational institutions and others.

Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Americas

  • North America
  • US
  • Canada
  • Latin America

Europe

  • Western Europe
  • Germany
  • France
  • U.K
  • Rest of Western Europe
  • Eastern Europe

Asia– Pacific

Asia

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific

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