Product Code: A02154
According to a new report published by Allied Market Research, titled, "IT Asset Disposition Market," The it asset disposition market was valued at $19.9 billion in 2022, and is estimated to reach $57.4 billion by 2032, growing at a CAGR of 11.5% from 2023 to 2032.
The rising adoption of bring your own device is a key driver for the growth of IT asset disposition market. Bring your own device (BYOD) is the practice of employees using their personal devices, such as smartphones, tablets, and laptops, for work purposes. This trend has gained popularity in recent years, as it allows employees to work remotely and increase their productivity. As a result, businesses are increasingly turning to ITAD service providers to help them manage the secure and responsible disposal of personal devices used for work purposes. In addition, growing awareness of the advantages of cloud-based computing and the growing awareness of environmental protection are major driving factors for the market. However, the lack of comprehensive IT asset disposition policies and unauthorized standards is a major factor for hampering the growth of the market as many businesses do not have a clear understanding of the importance of proper IT asset disposition policies and do not have implemented comprehensive policies for their organization. Without clear policies and standards, there is a risk of inconsistency in the disposal process, which can lead to increased risk of data breaches or environmental damage. Contrarily, importance of green IT initiatives to provide lucrative opportunities for the market. As awareness of environmental issues continues to grow, more organizations are looking to implement green IT initiatives. These initiatives can help organizations reduce their carbon footprint, conserve natural resources, and promote sustainable practices, which will provide an opportunity to scale up IT asset disposition market in the forecast period.
The IT asset disposition market is segmented on the basis of services, asset type, enterprise size, and industry vertical. Based on service, the market is segmented into de-manufacturing and recycling, remarketing and value recovery, data destruction/data sanitation, logistics management and reverse logistics and others. Based on asset type, it is segmented into computers/laptops, servers, mobile devices, storage devices and peripherals. Based on enterprise size, it is segmented into large enterprises and small and medium-sized enterprises. On the basis of industry vertical, it is segmented into BFSI, IT and telecom, education, healthcare, manufacturing, media and entertainment and others. By region, it is analysed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the IT asset disposition market such as Apto Solutions Inc., CompuCom Systems, Inc., CDW, Hewlett Packard Enterprise Development LP, Ingram Micro Services, Iron Mountain Incorporated, LifeSpan International Inc., Sims Lifecycle Services, TES and UNDUIT LLC. These players have adopted various strategies to increase their market penetration and strengthen their position in the IT asset disposition market.
Key benefits for stakeholders
- The study provides in-depth analysis of the global IT asset disposition market along with the current & future trends to illustrate the imminent investment pockets.
- Information about key drivers, restrains, & opportunities and their impact analysis on the global IT asset disposition market size are provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global IT asset disposition market from 2023 to 2032 is provided to determine the market potential.
Key Market Segments
By Service
- De-Manufacturing and Recycling
- Remarketing and Value Recovery
- Data Destruction/Data Sanitation
- Logistics Management and Reverse Logistics
- Others
By Asset Type
- Computers and Laptops
- Servers
- Mobile Devices
- Storage Devices
- Others
By Enterprise Size
- Large Enterprises
- Small and Medium-sized Enterprises
By Industry Vertical
- BFSI
- IT and Telecom
- Education
- Healthcare
- Manufacturing
- Media and Entertainment
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Apto Solutions Inc.
- CDW
- CompuCom Systems, Inc.
- Hewlett Packard Enterprise Development LP
- Ingram Micro
- Iron Mountain Incorporated
- LifeSpan International Inc.
- Sims Lifecycle Services
- TES
- UNDUIT LLC
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Bargaining power of suppliers
- 3.3.2. Bargaining power of buyers
- 3.3.3. Threat of substitutes
- 3.3.4. Threat of new entrants
- 3.3.5. Intensity of rivalry
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Growing E-waste volume
- 3.4.1.2. The rising adoption of bring your own device
- 3.4.1.3. Growing usage of cloud-based technologies
- 3.4.2. Restraints
- 3.4.2.1. Lack of awareness about ITAD solutions
- 3.4.2.2. The lack of comprehensive IT asset disposition policies and unauthorized standards
- 3.4.3. Opportunities
- 3.4.3.1. Importance of green IT initiatives to provide lucrative opportunities
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: IT ASSET DISPOSITION MARKET, BY SERVICE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. De-Manufacturing and Recycling
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Remarketing and Value Recovery
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Data Destruction/Data Sanitation
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Logistics Management and Reverse Logistics
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
CHAPTER 5: IT ASSET DISPOSITION MARKET, BY ASSET TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Computers and Laptops
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Servers
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Mobile Devices
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Storage Devices
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: IT ASSET DISPOSITION MARKET, BY ENTERPRISE SIZE
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Large Enterprises
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Small and Medium-sized Enterprises
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: IT ASSET DISPOSITION MARKET, BY INDUSTRY VERTICAL
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. BFSI
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. IT and Telecom
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Education
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Healthcare
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Manufacturing
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
- 7.7. Media and Entertainment
- 7.7.1. Key market trends, growth factors and opportunities
- 7.7.2. Market size and forecast, by region
- 7.7.3. Market share analysis by country
- 7.8. Others
- 7.8.1. Key market trends, growth factors and opportunities
- 7.8.2. Market size and forecast, by region
- 7.8.3. Market share analysis by country
CHAPTER 8: IT ASSET DISPOSITION MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Service
- 8.2.3. Market size and forecast, by Asset Type
- 8.2.4. Market size and forecast, by Enterprise Size
- 8.2.5. Market size and forecast, by Industry Vertical
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Service
- 8.2.6.1.3. Market size and forecast, by Asset Type
- 8.2.6.1.4. Market size and forecast, by Enterprise Size
- 8.2.6.1.5. Market size and forecast, by Industry Vertical
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Service
- 8.2.6.2.3. Market size and forecast, by Asset Type
- 8.2.6.2.4. Market size and forecast, by Enterprise Size
- 8.2.6.2.5. Market size and forecast, by Industry Vertical
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Service
- 8.3.3. Market size and forecast, by Asset Type
- 8.3.4. Market size and forecast, by Enterprise Size
- 8.3.5. Market size and forecast, by Industry Vertical
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. UK
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Service
- 8.3.6.1.3. Market size and forecast, by Asset Type
- 8.3.6.1.4. Market size and forecast, by Enterprise Size
- 8.3.6.1.5. Market size and forecast, by Industry Vertical
- 8.3.6.2. Germany
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Service
- 8.3.6.2.3. Market size and forecast, by Asset Type
- 8.3.6.2.4. Market size and forecast, by Enterprise Size
- 8.3.6.2.5. Market size and forecast, by Industry Vertical
- 8.3.6.3. France
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Service
- 8.3.6.3.3. Market size and forecast, by Asset Type
- 8.3.6.3.4. Market size and forecast, by Enterprise Size
- 8.3.6.3.5. Market size and forecast, by Industry Vertical
- 8.3.6.4. Italy
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Service
- 8.3.6.4.3. Market size and forecast, by Asset Type
- 8.3.6.4.4. Market size and forecast, by Enterprise Size
- 8.3.6.4.5. Market size and forecast, by Industry Vertical
- 8.3.6.5. Spain
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Service
- 8.3.6.5.3. Market size and forecast, by Asset Type
- 8.3.6.5.4. Market size and forecast, by Enterprise Size
- 8.3.6.5.5. Market size and forecast, by Industry Vertical
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Key market trends, growth factors and opportunities
- 8.3.6.6.2. Market size and forecast, by Service
- 8.3.6.6.3. Market size and forecast, by Asset Type
- 8.3.6.6.4. Market size and forecast, by Enterprise Size
- 8.3.6.6.5. Market size and forecast, by Industry Vertical
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Service
- 8.4.3. Market size and forecast, by Asset Type
- 8.4.4. Market size and forecast, by Enterprise Size
- 8.4.5. Market size and forecast, by Industry Vertical
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Service
- 8.4.6.1.3. Market size and forecast, by Asset Type
- 8.4.6.1.4. Market size and forecast, by Enterprise Size
- 8.4.6.1.5. Market size and forecast, by Industry Vertical
- 8.4.6.2. Japan
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Service
- 8.4.6.2.3. Market size and forecast, by Asset Type
- 8.4.6.2.4. Market size and forecast, by Enterprise Size
- 8.4.6.2.5. Market size and forecast, by Industry Vertical
- 8.4.6.3. India
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Service
- 8.4.6.3.3. Market size and forecast, by Asset Type
- 8.4.6.3.4. Market size and forecast, by Enterprise Size
- 8.4.6.3.5. Market size and forecast, by Industry Vertical
- 8.4.6.4. Australia
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Service
- 8.4.6.4.3. Market size and forecast, by Asset Type
- 8.4.6.4.4. Market size and forecast, by Enterprise Size
- 8.4.6.4.5. Market size and forecast, by Industry Vertical
- 8.4.6.5. South Korea
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Service
- 8.4.6.5.3. Market size and forecast, by Asset Type
- 8.4.6.5.4. Market size and forecast, by Enterprise Size
- 8.4.6.5.5. Market size and forecast, by Industry Vertical
- 8.4.6.6. Rest of Asia-Pacific
- 8.4.6.6.1. Key market trends, growth factors and opportunities
- 8.4.6.6.2. Market size and forecast, by Service
- 8.4.6.6.3. Market size and forecast, by Asset Type
- 8.4.6.6.4. Market size and forecast, by Enterprise Size
- 8.4.6.6.5. Market size and forecast, by Industry Vertical
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Service
- 8.5.3. Market size and forecast, by Asset Type
- 8.5.4. Market size and forecast, by Enterprise Size
- 8.5.5. Market size and forecast, by Industry Vertical
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Service
- 8.5.6.1.3. Market size and forecast, by Asset Type
- 8.5.6.1.4. Market size and forecast, by Enterprise Size
- 8.5.6.1.5. Market size and forecast, by Industry Vertical
- 8.5.6.2. Middle East
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Service
- 8.5.6.2.3. Market size and forecast, by Asset Type
- 8.5.6.2.4. Market size and forecast, by Enterprise Size
- 8.5.6.2.5. Market size and forecast, by Industry Vertical
- 8.5.6.3. Africa
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Service
- 8.5.6.3.3. Market size and forecast, by Asset Type
- 8.5.6.3.4. Market size and forecast, by Enterprise Size
- 8.5.6.3.5. Market size and forecast, by Industry Vertical
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. Apto Solutions Inc.
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.2. CompuCom Systems, Inc.
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.3. CDW
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. Hewlett Packard Enterprise Development LP
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.5. Ingram Micro
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Key strategic moves and developments
- 10.6. Iron Mountain Incorporated
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
- 10.7. LifeSpan International Inc.
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.8. Sims Lifecycle Services
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.9. TES
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Key strategic moves and developments
- 10.10. UNDUIT LLC
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio