Global IT Asset Disposition - ITAD
Market Report
2025
Delivery Includes:- Market Timeline 2021 till 2033, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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• The IT Asset Disposition Market size in 2023 was XX Million. The IT Asset Disposition Industry's compound annual growth rate (CAGR) will be XX% from 2024 to 2031.
• An increase in E-waste drives and an increase in the adoption of a circular economy drive the market growth for IT Asset Disposition.
• Lack of knowledge about IT Asset disposition hampers the market growth
• The increased need for IT asset disposal and the risk of sensitive data being stolen from out-of-date assets has resulted in a significant demand for data destruction service
• The dominating region is North America as the region's expanding cloud data center population and booming information technology sector are anticipated to be the main forces behind economic growth in the area.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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Market Split by Service |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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IT Asset Disposition - ITAD Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The IT Asset Disposition Market size in 2023 was XX Million. The IT Asset Disposition Industry's compound annual growth rate is projected to reach (CAGR) will be XX% from 2024 to 2031. Big businesses utilize an approach called IT Asset Disposition (ITAD) to recycle and properly dispose of their old equipment. ITAD, sometimes known as IT asset recycling, is the industry term for the practice of responsibly and safely disposing of obsolete or unwanted technology without harming the environment.
Some businesses have to decide whether to recycle, resell, repair, or throw away outdated equipment; others have a planned replacement schedule for electronic devices. Asset management, accession, and risk management all play a role in the internal process of disposing of IT assets. Businesses may work together with other ITAD companies. These companies frequently offer electronic waste recycling and safe data destruction. ITAD suppliers help their customers sell their IT assets for a profit by recovering the equipment's value. Its growth is being propelled by clients' growing recognition of the significance of effective IT asset disposal. For Instance, Quantum Lifecycle Partners announces the launch of its second ITAD facility in Alberta and its sixth IT asset disposal facility nationwide. Businesses in and around the Edmonton region as well as in Northern Alberta can access all of the necessary ITAD services through this facility. For businesses of all sizes, the facility will provide logistics, data security services, e-waste sorting, and remarketing of outdated and discarded electronic gadgets. Therefore, an increase in E-waste drives and an increase in the adoption of a circular economy drive the market growth for IT Asset Disposition.
One of the main causes of the rising need for sustainable practices and appropriate disposal of electronic trash (e-waste) is the increased awareness of environmental protection. A growing number of people are aware of the negative effects that e-waste may have on the environment and human health, which is why companies are under pressure to implement more environmentally friendly procedures, such as IT asset disposal (ITAD) Services. For Instance, The United Nations has released its fourth Global E-waste Monitor (GEM), which shows that the global creation of electronic waste is growing five times faster than reported e-waste recycling. According to an ITU and UNITAR assessment, the 62 million tonnes of e-waste produced in 2022 would fill 1.55 million 40-ton trucks, or about enough trucks to form a bumper-to-bumper. (Source: https://www.unitar.org/about/news-stories/press/global-e-waste-monitor-2024-electronic-waste-rising-five-times-faster-documented-e-waste-recycling#:~:text=A%20record%2062%20million%20tonnes,met%20by%20e%2Dwaste%20recycling.) Hence, Ever-increasing consumer demand for electronics, shorter product life cycles, and rapidly expanding technologies have combined to make e-waste one of the world's fastest-growing waste streams. Furthermore, companies are integrating sustainability into their operations in response to consumers' growing demand for ecologically friendly goods and services. Businesses can lessen their environmental effect while simultaneously enhancing their brand's reputation and drawing in eco-aware customers by using sustainable practices. Additionally, government laws and policies targeted at lessening the environmental impact of e-waste. Regulations about the disposal of hazardous waste are part of this, as are incentives for corporations to implement sustainable practices—such as tax rebates for businesses that use eco-friendly technologies or follow sustainable practices. As a result, the IT asset disposal sector is expanding due to these considerations.
When it comes to IT, ITAD refers to the conscientious destruction of IT assets, such as computers, servers, mobile phones, and other electronic devices, at the end of their useful lives. ITAD providers have the option to recycle, resell, or renovate these assets to prolong their usable life and cut down on waste, as opposed to throwing them in landfills. Businesses can address the environmental impact of ITAD by reducing the quantity of electronic trash they generate by employing ITAD procedures. Organizations can meet their data security requirements and positively impact the Circular Economy by adopting Sustainable IT Practices, such as collaborating with an ITAD Provider for Sustainable Asset Disposal. For Instance, the Leading provider of IT asset management and disposal, Sage Sustainable Electronics, teams up with circular economy-focused investment firm Closed Loop Partners, which now holds a majority stake in the business. Amidst the rapidly growing amount of electronic waste, growing corporate commitments to manage e-waste, and growing demand for greater transparency and data security in the IT Asset Disposition (ITAD) industry, the investment from Closed Loop Partners' buyout private equity fund, the Closed Loop Leadership Fund, is occurring at a critical juncture. In addition to solidifying Sage Sustainable Electronics' position as the top supplier of sustainable ITAD services in North America, the strategic alliance seeks to accelerate the company's growth.(Source: https://www.prnewswire.com/news-releases/closed-loop-partners-acquires-majority-stake-in-sage-sustainable-electronics-accelerating-it-asset-management-and-disposition-services-in-north-america-301975973.html)In conclusion, ITAD is a crucial part of the Circular Economy because it helps companies prioritize data protection during the disposal process, minimize waste, and maximize the value of their IT assets. A more sustainable and resource-efficient future is what the Circular Economy envisions, and companies can contribute meaningfully to this goal by adopting sustainable IT practices and collaborating with leading data destruction service providers.
Businesses' ignorance of ITAD solutions is one of the main barriers impeding the growth of the IT asset disposal market. Many businesses might not be completely aware of the dangers of disposing of IT assets improperly or the advantages of employing ITAD Services. This could result in a lack of demand for ITAD Services, which would limit the market's expansion. Furthermore, several factors, including a lack of education, poor communication by ITAD service providers, and a lack of laws controlling the disposal of IT assets, may contribute to this lack of knowledge.Moreover, a number of companies assign the task of disposing of their assets to outside service providers, who often have no access to the organisational hierarchy. Incorrect disposal can be avoided with the help of precise reporting and real-time tracking of IT assets. The ignorance of enterprises regarding device visibility and governance has resulted in an inability to recognise the risks and their potential mitigations. It is predicted that businesses disposing of IT assets against legal and regulatory requirements may hinder their ability to expand their market.
COVID19 had a mixed impact on the IT Asset Disposition Market. Businesses of all sizes face particular difficulties as a result of the COVID-19 epidemic when addressing IT gear that has reached the end of life (EOL). IT teams used to be primarily concerned about how quickly technology was advancing and how to effectively manage redundant equipment. There was machinery there, and workers sat in the office. But since the start of the COVID-19 epidemic, there has been a significant global employment change, with billions of people working remotely. Additionally, working from home is anticipated to remain popular. Massive threats are posed by frequent hacking attempts and data infiltration.IT companies were primarily concerned with development velocity, which made effective handling of excess equipment essential. Due to the move to remote work during the pandemic, businesses were forced to purchase new IT equipment. Concerns have been raised about how businesses would handle the rise in electronic or IT asset waste that would result from the growth of IT asset acquisitions connected to remote labor. The need for IT asset disposal services increased significantly as a result of the epidemic.
Furthermore, E-Waste increased a lot during the pandemic. For Instance, 12.8% of the 2,000 people in the UK who participated in study reported buying new IT gear so they could work from home during the pandemic. Of these, almost twice as many (10.8%) claimed to have recycled the outdated technology as having placed it in the trash (12.8%). Furthermore, 10% of respondents claimed that as a result of altering their work habits, they now possessed an excess of outdated IT equipment. This increased the market growth.
(Source: https://www.rsc.org/news-events/articles/2021/jan/precious-elements-lockdown/)
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Important firms form strategic alliances to provide a superior product and acquire traction in the market. Acquisitions, partnerships, and alliances are among the strategic objectives. For Instance, The Stow, Ohio-based information technology asset disposal (ITAD) services company Regency Technologies has been fully acquired by Iron Mountain, a Portsmouth, provider of information management, storage, data center infrastructure, and asset lifecycle management. Back in November of last year, the deal was revealed. Their advancement into the next phase of asset lifecycle management will be facilitated by this strategic decision. A larger network that offers their clients quicker services while having a far smaller environmental impact will be produced by the synergy between two organizations.
(Source:https://www.recyclingtoday.com/news/iron-mountain-completes-acquisition-of-regency-technologies/)
• For Instance, SK Ecoplant, a provider of energy and environmental solutions, announced that its recycling business, SK tes, will be opening a new IT Asset Disposition facility in Virginia. The 12,000 square meter, recently finished facility is made especially for hyperscale data centers. It will oversee the complete lifecycle of IT assets, including everything from data collecting and secure destruction to recycling and repurposing.
(Source: https://www.koreaherald.com/view.php?ud=20240314050634)
• For Instance, TD SYNNEX and Dynamic Lifecycle Innovations are collaborating to provide IT asset disposition (ITAD) services. Customers of TD SYNNEX now have access to several competitive advantages thanks to Dynamic's global ITAD services, which include industry-leading certifications, a closed-loop chain of custody, comprehensive data and brand security, data center decommissioning, readily available service and portal white labeling, and on-site technical and white glove services, according to the companies.
(Source: https://www.channele2e.com/news/dynamic-lifecycle-innovations-partners-with-td-synnex-for-itad-solutions)
Top Companies Market Share in IT Asset Disposition - ITAD Industry: (In no particular order of Rank)
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The dominating region is North America as the region's expanding cloud data center population and booming information technology sector are anticipated to be the main forces behind economic growth in the area. A significant number of ITAD service providers, are also present in the area and are supporting the region's growth. Consequently, substantial growth opportunities are anticipated for the entire industry as a result of the growing adoption of cloud-based technologies. With that mergers and initiatives by the companies are also taking place which expands the market. For Instance, To combine their knowledge of both the front-end and back-end of used device management, downstream processor ecoTech Management and IT asset disposition provider 4THBIN have merged.
(Source: https://resource-recycling.com/e-scrap/2024/01/24/new-york-merger-combines-collection-and-processing/)
The current report Scope analyzes IT Asset Disposition - ITAD Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global IT Asset Disposition - ITAD Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing IT Asset Disposition - ITAD Industry growth. IT Asset Disposition - ITAD market has been segmented with the help of its Type, Application Service, and others. IT Asset Disposition - ITAD market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The computer segment is dominating the market. This is a result of businesses starting to recycle and repair outdated computers more frequently. For Instance, about 240 million PCs could lose support as a result of Microsoft's intention to migrate to a new version of Windows, according to industry analysts. This could result in an epic heap of electronic garbage. "If these were all folded laptops, stacked one on top of another, they would make a pile 600km taller than the moon." (Source: https://www.thestack.technology/windows-10/)
• Computer
• Mobile Devices
• Servers
• Storage Devices
• Peripherals
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The dominating segment is IT and Telecom. With the rise in internet users, the telecommunications sector has experienced tremendous expansion. The demand for resources like switches, telecom towers, routers, and fiber optic cables, among others, has increased due to the rise in internet users. The growth of the IT and telecom sectors has been aided by the increased waste that has been caused by this increased use of IT resources.
• BFSI
• IT and Telecom
• Education
• Healthcare
• Manufacturing
• Media and Entertainment
• Others
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The data destruction service sector is expected to maintain its dominant position in the IT asset disposition market. The increased need for IT asset disposal and the risk of sensitive data being stolen from out-of-date assets has resulted in a significant demand for data destruction services. Security of data and information is essential for any business. Therefore, all data or information from the asset must be completely deleted before it is physically destroyed or before it is transmitted to another step of asset disposition to minimize the risk of a data breach, financial risk, and threat to brand image. For Instance, The IT asset disposition and disposal (ITAD) facility that TES, a provider of IT lifecycle solutions, plans to construct in Virginia, has been disclosed. A portion of the "significant" multimillion-dollar investment, according to the corporation, will go towards a TES facility in Virginia. The location will be 128,000 square feet (11,900 square meters) in size and be solely dedicated to ITAD data center asset processing. It will take care of every step of the data center retirement process, including decommissioning, testing, repair, and disposal.
(Source: https://www.datacenterdynamics.com/en/news/tes-to-establish-virginia-data-center-it-asset-disposal-facility/)
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global IT Asset Disposition - ITAD Market is witnessing significant growth in the near future.
In 2023, the Computer segment accounted for noticeable share of global IT Asset Disposition - ITAD Market and is projected to experience significant growth in the near future.
The BFSI segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Iron Mountain Inc, CloudBlue Technologies and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Computer, Mobile Devices, Servers, Storage Devices, Peripherals |
Application | BFSI, IT, and Telecom, Education, Healthcare, Manufacturing, Media, and Entertainment, Others |
Service | Data Destruction, Recycling, Reverse Logistics, De-Manufacturing, Remarketing |
List of Competitors | Iron Mountain Inc, TBS Industries, CloudBlue Technologies, ITrenew Inc, Apto Solution, TES (Singapore) Pte Ltd, LifeSpan International Inc, Sims Recycling Solutions, Arrow Electronics, IBM, Hewlett Packard Company, Dell |
This chapter will help you gain GLOBAL Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review Global IT Asset Disposition - ITAD Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review North America IT Asset Disposition - ITAD Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review Europe IT Asset Disposition - ITAD Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review Asia Pacific IT Asset Disposition - ITAD Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review South America IT Asset Disposition - ITAD Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review Middle East IT Asset Disposition - ITAD Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of IT Asset Disposition - ITAD. Further deep in this chapter, you will be able to review Middle East IT Asset Disposition - ITAD Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of IT Asset Disposition - ITAD. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Service Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global IT Asset Disposition - ITAD market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Computer have a significant impact on IT Asset Disposition - ITAD market? |
What are the key factors affecting the Computer and Mobile Devices of IT Asset Disposition - ITAD Market? |
What is the CAGR/Growth Rate of BFSI during the forecast period? |
By type, which segment accounted for largest share of the global IT Asset Disposition - ITAD Market? |
Which region is expected to dominate the global IT Asset Disposition - ITAD Market within the forecast period? |
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