IT Asset Disposition Market

IT Asset Disposition Market by Service Type, Asset Type (Computers/Laptops, Servers, Mobile Devices, Storage Devices, Peripherals), Organization Size (Small and Medium-sized Enterprises, Large Enterprises), Vertical and Region - Global forecast to 2029

Report Code: SE 4735 Jan, 2024, by marketsandmarkets.com

[254 Pages Report] The IT asset disposition market size is projected to grow from USD 18.4 billion in 2024 and is anticipated to be USD 26.6 billion by 2029, growing at a CAGR of 7.6% from 2024 to 2029. Factors such as Early replacement of IT assets with newer versions to keep up with new technologies, and Adoption of cloud-based solutions and data center consolidation provide market growth opportunities for the IT asset disposition market.

IT Asset Disposition Market

IT Asset Disposition Market Forecast to 2029

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IT asset disposition Market Dynamics

Driver: Adoption of circular economy principles into IT asset management strategies

Circular economy initiatives play a pivotal role in propelling the ITAD (IT Asset Disposition) market forward. The concept of a circular economy involves creating a closed-loop system where products and materials are reused, refurbished, and recycled rather than being disposed of as waste. In the context of ITAD, this means extending the lifespan of IT assets through sustainable practices by refurbishing and remarketing, aligning with the principles of reduce, reuse, and recycle. As companies become more cognizant of environmental impact and resource conservation, there is a growing emphasis on incorporating circular economy principles into their IT asset management strategies.

The adoption of circular economy principles in ITAD is driven by a dual commitment: minimizing electronic waste and maximizing the utility of IT assets. Rather than following a linear model of production, consumption, and disposal, businesses are increasingly recognizing the economic and environmental benefits of a circular approach. ITAD services that align with circular economy principles focus on the responsible disposal of electronic equipment, emphasizing refurbishment and recycling to extract value from retired assets. This not only addresses environmental concerns associated with e-waste but also contributes to the efficient use of resources by extending the life cycle of IT equipment. In this way, circular economy initiatives are shaping the ITAD market by fostering sustainability, resource efficiency, and a more responsible approach to IT asset disposition.

Restraint: Safe disposal of legacy IT systems

Legacy IT systems often contain hazardous materials, such as lead, mercury, or certain chemicals, that pose environmental and safety risks. Disposing of these aging IT assets inappropriately can contribute to electronic waste (e-waste) problems and environmental contamination. As organizations upgrade their technology, the disposal of legacy systems becomes a critical consideration in the IT Asset Disposition (ITAD) lifecycle. Unlike modern equipment designed with recycling and environmental considerations in mind, older technologies may lack the same eco-friendly features.

ITAD service providers must employ specialized expertise to identify and manage the hazardous materials within these older technologies. They must prioritize the safe extraction and disposal of potentially harmful substances. Additionally, refurbishing or repurposing components where possible can contribute to sustainable ITAD practices, minimizing the environmental impact associated with the disposal of legacy IT systems. It underscores the importance of implementing responsible ITAD processes that consider the unique challenges posed by older technology.

Opportunity: Adoption of cloud-based solutions and data center consolidation

As businesses move toward cloud-based solutions and data center consolidation, there is an increasing demand for ITAD (IT Asset Disposition) services. While cloud migration involves transferring data, applications, and IT infrastructure to cloud platforms, data center consolidation aims to centralize computing resources. In both cases, companies are left with decommissioned IT assets that require proper disposal and management.

The need for ITAD services in the context of cloud migration and data center consolidation arises from several reasons. Firstly, as businesses move their operations to the cloud, on-premises hardware becomes obsolete, necessitating responsible disposal of servers, storage devices, networking equipment, and other IT assets. Secondly, in data center consolidation efforts, where organizations seek to optimize efficiency and reduce operational costs, decommissioning of redundant data center equipment becomes a critical step.

ITAD services are equipped to handle the complexities associated with large-scale IT infrastructure decommissioning. These include tasks such as data sanitization to ensure sensitive information is securely erased, logistics management for the physical removal of equipment, and environmentally sustainable disposal methods such as recycling and refurbishment.

By engaging ITAD services, businesses can navigate the challenges associated with the disposal of outdated IT assets, ensuring compliance with data protection regulations and environmental standards. This trend underscores the integral role that ITAD providers play in supporting businesses throughout the entire IT lifecycle, from procurement and deployment to decommissioning and disposal, particularly in the evolving landscape of cloud-centric and consolidated IT infrastructures.

Challenge: Inadequate infrastructure for recycling

The challenge of inadequate infrastructure for recycling in the ITAD (IT Asset Disposition) market is rooted in the limited availability of well-established facilities and processes designed for the proper recycling of electronic components, especially in specific geographic regions. Electronic devices contain a variety of materials, including metals, plastics, and hazardous substances, making responsible disposal crucial for environmental sustainability. However, the absence of robust recycling infrastructure can impede the effective and environmentally friendly management of discarded IT assets. Without adequate infrastructure, there may be a higher likelihood of improper disposal practices, such as incineration or dumping, leading to environmental pollution and health hazards. Additionally, the lack of recycling facilities can limit the recovery of valuable materials from IT assets, contributing to resource inefficiency.

IT Asset Disposition
Market Ecosystem

The IT asset disposition market is competitive. It is marked by the presence of a few tier-1 companies, such as Dell Inc. (US); IBM (US); Hewlett Packard Enterprise Development LP (US); Iron Mountain, Inc. (US); and Sims Limited (Australia). These companies have created a competitive ecosystem by focusing on partnership, collaboration, and acquisition to achieve competitive advantage.

IT asset disposition Market Segmentation

IT Asset Disposition Market by Segment

Data sanitization/data destruction segment to hold the largest share of market during the forecast period

The data sanitization/data destruction segment led the IT asset disposition market for services during the forecast period. The growing need for the proper disposal of IT assets and the threat of important information stored in old assets getting leaked are fueling the demand for data destruction/data sanitization services. Due to the importance of data security for any company, the complete destruction of data or information from an asset is imperative before its physical destruction or transition to the next phase of asset disposition. This proactive measure aims to minimize the risks associated with data breaches, financial implications, and threats to the brand image. IT asset disposition service providers leverage advanced software and solutions for comprehensive device sanitization to ensure the absolute destruction of data. Blancco Drive Erasure is a robust data sanitization solution for PCs, laptops, servers, and loose drives offered by Blancco Technology Group (US). The specialized software and appliances required for this process are used by an experienced IT asset disposition service provider, which provides certification that the data was sanitized according to common industry standards, such as the US's National Institute of Standards and Technology (NIST) Special Publication 800-88.

Server segment to display highest CAGR during forecast period

The global surge in Internet and social media applications, along with the introduction of technologies like software-defined networking and virtualization, has led to a widespread increase in the utilization of servers and data centers. Servers, which are designed for prolonged uninterrupted operation, consist of essential components such as Central Processing Units (CPUs), high-performance RAM, and one or more hard drives. Several factors contribute to the growing deployment of advanced servers, including technological advancements and a rising number of businesses transitioning to cloud-based services. Many companies adopt a regular cycle of refreshing their data centers with networking or server upgrades every three to four years. The escalating threat of data breaches has compelled data center providers to implement secure disposal practices for data and equipment before decommissioning.

Media & entertainment segment to grow at the highest CAGR during the forecast period

The media and entertainment industry requires a continual and frequent refresh cycle for IT assets to meet the demands of graphic and audio production programs and software demands. As the industry increasingly prioritizes environmentally conscious strategies, there is an increased demand for effective e-waste disposal and data sanitation. Technological advancements have also fueled a significant demand for IT asset disposition services within the media and entertainment sector, which encompasses the delivery of television and radio programs, online games, and advertisements. Due to the industry's heavy reliance on technology, it undergoes constant evolution to keep pace with ongoing technological developments. This rapid adoption of new technologies mandates the safe disposal of obsolete assets, particularly storage devices, where data wiping is crucial due to the confidentiality of stored data.

In the media and entertainment industry, data destruction services are widely employed, given the industry's nature, where online and web penetration drives the need for high-end servers and extensive storage capacity. Once data has been thoroughly wiped from these devices, they can be repurposed for further use by internal staff or external clients.

Asia Pacific to grow at the fastest CAGR during the forecast period.

The Asia Pacific IT asset disposition market is poised for significant growth during the forecast period, driven by the establishment of regulatory policies governing the proper disposal of IT assets. These policies aim to mitigate environmental hazards associated with retired IT equipment by prohibiting their disposal in landfills. In Asia Pacific, initiatives such as the Extended Producer Responsibility (EPR) schemes, notably implemented in Japan and South Korea, incentivize manufacturers to take responsibility for end-of-life products. This approach contributes significantly to the growth of the ITAD market. Additionally, regulatory frameworks like the Personal Data Protection Law in China and the Personal Data Protection Act in India, coupled with GDPR compliance requirements for multinational companies, accentuate the importance of data security.

IT Asset Disposition Market
 by Region

IT Asset Disposition Market by Region

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Key Market Players

The IT asset disposition companies is dominated by globally established players such as Dell Inc. (US); IBM (US); Hewlett Packard Enterprise Development LP (US); Iron Mountain, Inc. (US); Sims Limited (Australia); 3stepIT (Finland); TES (Singapore); Apto Solutions Inc. (US); LifeSpan International Inc. (US); Total IT Global (UK); Flex IT Distribution (Netherlands); Ingram Micro (US); CSI Leasing, Inc. (US); Inrego AB (Sweden);Tier1 (UK); Atea (Norway); OceanTech (US); Blancco Technology Group (US); Renewtech (Netherlands); BRP Infotech Pvt. Ltd.(India); CHG-MERIDIAN (Germany); Park Place Technologies (US); TBS Industries Inc. (US); ReluTech (US);and Prolimax (Netherlands). These players have adopted service launches/developments, contracts, collaborations, agreements, and acquisitions for growth in the market.

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Scope of the Report

Report Metric

Details

Market size available for years

2020–2029

Base year considered

2023

Forecast period

2024–2029

Forecast units

Value (USD Million/Billion)

Segments Covered

By Service, By Asset Type, By Organization Size, By Vertical, and By Region

Region covered

North America, Europe, Asia Pacific, and the Rest of the World

Companies covered

The key players in the IT Asset disposition market are Dell Inc. (US); IBM (US); Hewlett Packard Enterprise Development LP (US); Iron Mountain, Inc. (US); Sims Limited (Australia); 3stepIT (Finland); TES (Singapore); Apto Solutions Inc. (US); LifeSpan International Inc. (US); Total IT Global (UK); Flex IT Distribution (Netherlands); Ingram Micro (US); CSI Leasing, Inc. (US); Inrego AB (Sweden);Tier1 (UK); Atea (Norway); OceanTech (US); Blancco Technology Group (US); Renewtech (Netherlands); BRP Infotech Pvt. Ltd.(India); CHG-MERIDIAN (Germany); Park Place Technologies (US); TBS Industries Inc. (US); ReluTech (US);and Prolimax (Netherlands)

IT Asset Disposition Market Highlights

The study categorizes the IT Asset disposition market based on Service, Asset Type, Organization Size, Vertical and Region

Segment

Subsegment

By Service:

  • De-Manufacturing and Recycling
  • Remarketing and Value Recovery
  • Data Destruction/Data Sanitation
  • Logistics Management and Reverse Logistics
  • Other Services (On-site Audit solutions and Clients’ Online Portals)

By Asset type:

  • Computers/Laptops
  • Servers
  • Mobile Devices
  • Storage Devices
  • Peripherals

By Organisation size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

By Vertical:

  • Banking, Financial Services & Insurance (BFSI)
  • IT & Telecom
  • Education
  • Healthcare
  • Aerospace & Defense
  • Public Sector and Government
  • Manufacturing
  • Media & Entertainment
  • Others (Energy & Utility, Construction & Real Estate, Logistics & Transportation)

By Region:

  • North America
  • Europe
  • Asia Pacific
  • RoW

Recent Developments

  • In August 2023, Hewlett Packard Enterprise (US) collaborated with Cyxtera (US) to offer Asset Upcycling Services, allowing organizations to recover value securely and sustainably from retired hardware. As part of this collaboration, HPE facilitates the purchase of old hardware when customers deploy new, more efficient infrastructure with Cyxtera.
  • In March 2023, Redington Limited (India) partnered with Dell Inc. (US) to promote sustainability initiatives in India. Through this partnership, Redington would offer Dell's Asset Resale and Recycling Services (ARRS) to help businesses securely and sustainably manage legacy IT equipment, reducing environmental impact.
  • In January 2022, Iron Mountain, Inc. (US) acquired ITRenew (US), a global leader in mission-critical data center lifecycle management solutions. ITRenew became the platform for Iron Mountain’s Global IT Asset Lifecycle Management business, enhancing its ability to provide end-to-end services for the hyperscale, corporate data center, and corporate end-user device segments.

Frequently Asked Questions (FAQs):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 33)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKETS COVERED
                    FIGURE 1 IT ASSET DISPOSITION MARKET SEGMENTATION
           1.3.2 REGIONAL SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 1 CURRENCY CONVERSION RATES
    1.5 UNIT CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
    1.8 SUMMARY OF CHANGES 
    1.9 IMPACT OF RECESSION 
 
2 RESEARCH METHODOLOGY (Page No. - 38)
    2.1 RESEARCH APPROACH 
           FIGURE 2 IT ASSET DISPOSITION MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY AND PRIMARY RESEARCH
           2.1.2 SECONDARY DATA
                    2.1.2.1 Key data from secondary sources
                    2.1.2.2 List of major secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 Key data from primary sources
                    2.1.3.2 Key industry insights
                    2.1.3.3 List of key interview participants
                    2.1.3.4 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 3 RESEARCH FLOW: IT ASSET DISPOSITION MARKET SIZE ESTIMATION
           FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM IT ASSET DISPOSITION SERVICES
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach to derive market size using bottom-up analysis (supply side)
                               FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach to derive market size using top-down analysis (demand side)
                               FIGURE 6 IT ASSET DISPOSITION MARKET: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION 
           FIGURE 7 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS 
    2.5 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON STUDIED MARKET 
    2.6 RISK ASSESSMENT 
    2.7 RESEARCH LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 51)
    FIGURE 8 LARGE ENTERPRISES TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD
    FIGURE 9 DATA DESTRUCTION/DATA SANITIZATION SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
    FIGURE 10 SERVERS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
    FIGURE 11 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
    FIGURE 12 NORTH AMERICA DOMINATED MARKET IN 2023
 
4 PREMIUM INSIGHTS (Page No. - 55)
    4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN IT ASSET DISPOSITION MARKET 
           FIGURE 13 BFSI AND IT TELECOM VERTICALS TO OFFER LUCRATIVE GROWTH OPPORTUNITIES
    4.2 IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE 
           FIGURE 14 SMALL AND MEDIUM-SIZED ENTERPRISES TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
    4.3 IT ASSET DISPOSITION MARKET, BY ASSET TYPE 
           FIGURE 15 COMPUTERS/LAPTOPS SEGMENT DOMINATED MARKET IN 2023
    4.4 IT ASSET DISPOSITION MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL 
           FIGURE 16 US AND BFSI TO HOLD LARGEST MARKET SHARES IN 2029
    4.5 IT ASSET DISPOSITION MARKET, BY SERVICE 
           FIGURE 17 DATA DESTRUCTION/ DATA SANITIZATION SEGMENT TO SECURE LARGEST MARKET SHARE FROM 2024 TO 2029
    4.6 IT ASSET DISPOSITION MARKET, BY COUNTRY 
           FIGURE 18 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 58)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 19 IT ASSET DISPOSITION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    FIGURE 20 IMPACT ANALYSIS OF DRIVERS ON IT ASSET DISPOSITION MARKET
                    5.2.1.1 Adoption of circular economy principles into IT asset management strategies
                    5.2.1.2 Need to comply with regulatory policies designed to ensure environmental safety
                    5.2.1.3 Growing demand for credible disposition solutions due to increase in cybercrime
                    5.2.1.4 Inclination toward implementation of newer version of IT assets to stay competitive
                    5.2.1.5 Surging preference for energy-efficient products
           5.2.2 RESTRAINTS
                    FIGURE 21 IMPACT ANALYSIS OF RESTRAINTS ON IT ASSET DISPOSITION MARKET
                    5.2.2.1 Need to follow safe disposal of legacy IT systems to avoid potential security breaches
                    5.2.2.2 Improper disposal of IT assets to avoid expenses associated with regular procedures
                    5.2.2.3 Lack of comprehensive IT asset disposition policies
                    5.2.2.4 Low-value recovery from old IT assets
           5.2.3 OPPORTUNITIES
                    FIGURE 22 IMPACT ANALYSIS OF OPPORTUNITIES ON IT ASSET DISPOSITION MARKET
                    5.2.3.1 Adoption of cloud-based solutions and data center consolidation strategy
                    5.2.3.2 Growing partnerships and acquisitions among players to boost their reach among consumers
                    5.2.3.3 Rising demand for IT asset disposition from small and medium-sized enterprises
                    5.2.3.4 Growing sales of old equipment, especially in Africa and South America, through auction websites
           5.2.4 CHALLENGES
                    FIGURE 23 IMPACT ANALYSIS OF CHALLENGES ON IT ASSET DISPOSITION MARKET
                    5.2.4.1 Inadequate infrastructure for recycling
                    5.2.4.2 Adoption of gray IT disposition services
                    5.2.4.3 Lack of budget for IT asset disposal
    5.3 SUPPLY CHAIN ANALYSIS 
           FIGURE 24 SUPPLY CHAIN ANALYSIS: IT ASSET DISPOSITION MARKET
    5.4 ECOSYSTEM ANALYSIS 
           FIGURE 25 ECOSYSTEM OVERVIEW
           FIGURE 26 ECOSYSTEM ANALYSIS
           TABLE 2 COMPANIES AND THEIR ROLES IN IT ASSET DISPOSITION MARKET
    5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 27 TRENDS DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.6 TECHNOLOGY ANALYSIS 
           5.6.1 INTERNET OF THINGS
           5.6.2 ARTIFICIAL INTELLIGENCE
           5.6.3 BLOCKCHAIN
           5.6.4 VIRTUAL REALITY
    5.7 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 3 IT ASSET DISPOSITION MARKET: PORTER’S FIVE FORCES ANALYSIS
           FIGURE 28 PORTER’S FIVE FORCES ANALYSIS
           5.7.1 BARGAINING POWER OF BUYERS
           5.7.2 THREAT OF NEW ENTRANTS
           5.7.3 THREAT OF SUBSTITUTES
           5.7.4 INTENSITY OF COMPETITIVE RIVALRY
           5.7.5 BARGAINING POWER OF SUPPLIERS
    5.8 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 29 KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE SERVICES
                    TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SERVICES
           5.8.2 BUYING CRITERIA
                    FIGURE 30 KEY BUYING CRITERIA FOR TOP THREE SERVICES
                    TABLE 5 KEY BUYING CRITERIA FOR TOP THREE SERVICES
    5.9 CASE STUDY ANALYSIS 
           5.9.1 NEXTECH (US) HELPS RENOWNED BANK TO REDUCE CAPITAL COSTS AND RECOVER VALUE FROM OBSOLETE IT INVENTORIES
           5.9.2 IRON MOUNTAIN INCORPORATED (US) ASSISTS TECH LEADER IN HEALTHCARE INDUSTRY TO SAFELY DISMANTLE OLD HARDWARE
           5.9.3 EXCESS LOGIC (US) FACILITATES PICK-UPS OF DECOMMISSIONED AV AND ELECTRONIC ASSETS FROM CLIENTS’ LOCATIONS
           5.9.4 TES (SINGAPORE) HELPS CLIENTS MANAGE REVERSE LOGISTICS ASSOCIATED WITH TRANSFORMING OLD ASSETS TO NEW AND VALUE RECOVERY OF 90,000 ASSETS
           5.9.5 INGRAM MICRO (US) HELPS HEALTHCARE ORGANIZATION TO REFRESH ITS CORPORATE ASSETS
    5.10 TRADE ANALYSIS 
                    FIGURE 31 IMPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION)
                    FIGURE 32 EXPORT DATA, BY COUNTRY, 2018–2022 (USD MILLION)
    5.11 PATENT ANALYSIS, 2020–2022 
           FIGURE 33 IT ASSET DISPOSITION MARKET: PATENTS GRANTED, 2013–2023
           FIGURE 34 TOP 10 PATENT OWNERS OF E-WASTE RECYCLING, 2013–2023
           TABLE 6 TOP 10 PATENT OWNERS OF E-WASTE RECYCLING IN LAST 10 YEARS
    5.12 KEY CONFERENCES AND EVENTS, 2024 
           TABLE 7 IT ASSET DISPOSITION MARKET: DETAILED LIST OF CONFERENCES AND EVENTS (2024)
    5.13 TARIFF ANALYSIS, STANDARDS, AND REGULATORY LANDSCAPE 
           5.13.1 TARIFF RELATED TO IT ASSET DISPOSITION MARKET
                    TABLE 8 MFN TARIFF FOR HS CODE 847130-COMPLIANT PRODUCTS EXPORTED BY US
                    TABLE 9 MFN TARIFF HS CODE 847130-COMPLIANT PRODUCTS EXPORTED BY CHINA
           5.13.2 STANDARDS
                    TABLE 10 SECURITY AND PRIVACY STANDARDS DEVELOPED BY EUROPEAN TELECOMMUNICATIONS STANDARDS INSTITUTE (ETSI)
           5.13.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.13.4 REGULATIONS
                    5.13.4.1 Restriction of Hazardous Substances (ROHS)
                    5.13.4.2 Waste Electrical and Electronic Equipment Directive (WEEE Directive)
                    5.13.4.3 General Data Protection Regulation (GDPR)
    5.14 PRICING ANALYSIS 
           5.14.1 AVERAGE SELLING PRICE (ASP) TREND OF IT ASSET DISPOSITION SERVICES OFFERED BY KEY PLAYERS, 2023
                    TABLE 15 AVERAGE SELLING PRICE (ASP) OF IT ASSET DISPOSITION SERVICES OFFERED BY KEY PLAYERS, 2023
                    FIGURE 35 AVERAGE SELLING PRICE (ASP) TREND OF IT ASSET DISPOSITION SERVICES OFFERED BY KEY PLAYERS, BY SERVICE
           5.14.2 AVERAGE SELLING PRICE (ASP) TREND OF IT ASSET DISPOSITION SERVICES, BY REGION, 2020–2029
                    FIGURE 36 AVERAGE SELLING PRICE (ASP) TREND OF IT ASSET DISPOSITION SERVICES, BY REGION, 2020–2029
 
6 IT ASSET DISPOSITION MARKET, BY SERVICE (Page No. - 94)
    6.1 INTRODUCTION 
           FIGURE 37 DATA DESTRUCTION/DATA SANITIZATION SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE FROM 2024 TO 2029
           TABLE 16 IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
           TABLE 17 IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
    6.2 DE-MANUFACTURING AND RECYCLING 
           6.2.1 GROWING NEED TO REGULATE IMPROPER DISPOSAL OF SCRAP ASSETS TO BOOST DEMAND
                    TABLE 18 DE-MANUFACTURING AND RECYCLING: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                    TABLE 19 DE-MANUFACTURING AND RECYCLING: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                    TABLE 20 DE-MANUFACTURING AND RECYCLING: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 21 DE-MANUFACTURING AND RECYCLING: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    6.3 REMARKETING AND VALUE RECOVERY 
           6.3.1 STRATEGIC REUSE AND RESALE OF USED AND RETIRED ASSETS TO GENERATE RECOVERY VALUE TO FOSTER SEGMENTAL GROWTH
                    FIGURE 38 DECISION TREE OF REMARKETING SERVICES
                    TABLE 22 REMARKETING AND VALUE RECOVERY: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                    TABLE 23 REMARKETING AND VALUE RECOVERY: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                    TABLE 24 REMARKETING AND VALUE RECOVERY: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 25 REMARKETING AND VALUE RECOVERY: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    6.4 DATA DESTRUCTION/DATA SANITIZATION 
           6.4.1 ON-SITE DATA DESTRUCTION
                    6.4.1.1 High-level of security associated with on-site data destruction to boost demand
           6.4.2 OFF-SITE DATA DESTRUCTION
                    6.4.2.1 Organizations demanding verified destruction of sensitive documents to drive demand
                               TABLE 26 DATA DESTRUCTION/DATA SANITIZATION: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                               TABLE 27 DATA DESTRUCTION/DATA SANITIZATION: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                               TABLE 28 DATA DESTRUCTION/DATA SANITIZATION: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                               TABLE 29 DATA DESTRUCTION/DATA SANITIZATION: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    6.5 LOGISTICS MANAGEMENT AND REVERSE LOGISTICS 
           6.5.1 NEED TO RECOVER VALUE FROM RETURNED ASSETS TO DRIVE MARKET
                    FIGURE 39 PROCESS OF LOGISTICS MANAGEMENT AND REVERSE LOGISTICS
                    TABLE 30 LOGISTICS MANAGEMENT & REVERSE LOGISTICS: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                    TABLE 31 LOGISTICS MANAGEMENT & REVERSE LOGISTICS: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                    TABLE 32 LOGISTICS MANAGEMENT & REVERSE LOGISTICS: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 33 LOGISTICS MANAGEMENT & REVERSE LOGISTICS: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    6.6 OTHER SERVICES 
           6.6.1 ON-SITE EQUIPMENT AUDIT
           6.6.2 CLIENT’S PORTAL
                    TABLE 34 OTHER SERVICES: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                    TABLE 35 OTHER SERVICES: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                    TABLE 36 OTHER SERVICES: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 37 OTHER SERVICES: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
 
7 IT ASSET DISPOSITION MARKET, BY ASSET TYPE (Page No. - 106)
    7.1 INTRODUCTION 
           FIGURE 40 SERVERS SEGMENT TO DOMINATE MARKET IN 2029
           TABLE 38 IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2020–2023 (USD MILLION)
           TABLE 39 IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)
    7.2 COMPUTERS/LAPTOPS 
           7.2.1 INCREASING REFURBISHMENT OF IT ASSETS FOR RESALE TO FOSTER SEGMENTAL GROWTH
                    TABLE 40 COMPUTERS/LAPTOPS: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 41 COMPUTERS/LAPTOPS: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.3 SERVERS 
           7.3.1 MITIGATION OF DATA BREACHES THROUGH SECURE DISPOSAL PRACTICES TO DRIVE MARKET
                    TABLE 42 SERVERS: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 43 SERVERS: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.4 MOBILE DEVICES 
           7.4.1 GROWING TREND OF BYOD TO BOOST DEMAND
                    TABLE 44 MOBILE DEVICES: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 45 MOBILE DEVICES: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.5 STORAGE DEVICES 
           7.5.1 RISING DEMAND FOR STORAGE CAPACITY IN OFF-PREMISES AND CLOUD-BASED SYSTEMS TO ACCELERATE DEMAND
                    TABLE 46 STORAGE DEVICES: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 47 STORAGE DEVICES: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    7.6 PERIPHERALS 
           7.6.1 NETWORKING DEVICES
                    7.6.1.1 Need to prevent misuse of sensitive information to drive market
           7.6.2 I/O DEVICES
                    7.6.2.1 Need for safe disposal due to technological advancements to drive market
                               TABLE 48 PERIPHERALS: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                               TABLE 49 PERIPHERALS: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
 
8 IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE (Page No. - 115)
    8.1 INTRODUCTION 
           FIGURE 41 LARGE ENTERPRISES TO ACCOUNT FOR MAJORITY OF SHARE FROM 2024 TO 2029
           TABLE 50 IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
           TABLE 51 IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
    8.2 SMALL AND MEDIUM-SIZED ENTERPRISES 
           8.2.1 RISING POPULARITY OF ENVIRONMENTAL FRIENDLY PRACTICES TO REGULATE IMPROPER DISPOSITION OF IT ASSETS IN LANDFILLS TO DRIVE MARKET
                    TABLE 52 SMALL AND MEDIUM-SIZED ENTERPRISES: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                    TABLE 53 SMALL AND MEDIUM-SIZED ENTERPRISES: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
                    TABLE 54 SMALL AND MEDIUM-SIZED ENTERPRISES: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 55 SMALL AND MEDIUM-SIZED ENTERPRISES: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    8.3 LARGE ENTERPRISES 
           8.3.1 GROWING CONCERNS ABOUT IMPACT OF E-WASTE TO BOOST DEMAND
                    TABLE 56 LARGE ENTERPRISES: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                    TABLE 57 LARGE ENTERPRISES: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
                    TABLE 58 LARGE ENTERPRISES: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 59 LARGE ENTERPRISES: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
 
9 IT ASSET DISPOSITION MARKET, BY VERTICAL (Page No. - 121)
    9.1 INTRODUCTION 
           FIGURE 42 BFSI SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
           TABLE 60 IT ASSET DISPOSITION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
           TABLE 61 IT ASSET DISPOSITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
    9.2 BFSI 
           9.2.1 PRESSING NEED TO SAFELY DISPOSE HIGHLY CONFIDENTIAL DIGITAL DATA TO DRIVE MARKET
                    TABLE 62 BFSI: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 63 BFSI: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.3 IT & TELECOM 
           9.3.1 NEED TO ADHERE TO REGULATORY COMPLIANCES AND ENSURE DATA CONFIDENTIALITY TO BOOST DEMAND
                    TABLE 64 IT & TELECOM: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 65 IT & TELECOM: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.4 EDUCATION 
           9.4.1 EDUCATIONAL INSTITUTES TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO REMARKET AND VALUE RECOVERY
                    TABLE 66 EDUCATION: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 67 EDUCATION: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.5 HEALTHCARE 
           9.5.1 PROLIFERATION OF CONNECTED MEDICAL DEVICES PER BED TO ACCELERATE GROWTH
                    TABLE 68 HEALTHCARE: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 69 HEALTHCARE: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.6 AEROSPACE & DEFENSE 
           9.6.1 GROWING DEMAND TO DISPOSE OF RADAR SYSTEMS AND MILITARY HARDWARE TO FOSTER SEGMENTAL GROWTH
                    TABLE 70 AEROSPACE & DEFENSE: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 71 AEROSPACE & DEFENSE: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.7 PUBLIC SECTOR & GOVERNMENT 
           9.7.1 NEED TO ENSURE COMPLIANCE WITH SEVERAL FEDERAL INFORMATION SECURITY REGULATIONS TO DRIVE MARKET
                    TABLE 72 PUBLIC SECTOR & GOVERNMENT: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 73 PUBLIC SECTOR & GOVERNMENT: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.8 MANUFACTURING 
           9.8.1 GROWING IMPORTANCE OF REVERSE LOGISTICS IN SUPPLY CHAIN TO OFFER LUCRATIVE GROWTH OPPORTUNITIES TO PLAYERS
                    TABLE 74 MANUFACTURING: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 75 MANUFACTURING: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.9 MEDIA & ENTERTAINMENT 
           9.9.1 INCREASING NEED FOR EFFECTIVE E-WASTE DISPOSAL AND DATA SANITATION TO DRIVE MARKET
                    TABLE 76 MEDIA & ENTERTAINMENT: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 77 MEDIA & ENTERTAINMENT: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.10 OTHER VERTICALS 
           9.10.1 ENERGY AND UTILITIES
           9.10.2 CONSTRUCTION AND REAL ESTATE
           9.10.3 LOGISTICS AND TRANSPORTATION
                    TABLE 78 OTHERS: IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
                    TABLE 79 OTHERS: IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
 
10 IT ASSET DISPOSITION MARKET, BY REGION (Page No. - 134)
     10.1 INTRODUCTION 
             FIGURE 43 REGIONAL SNAPSHOT OF IT ASSET DISPOSITION MARKET
             FIGURE 44 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN GLOBAL IT ASSET DISPOSITION MARKET DURING FORECAST PERIOD
             TABLE 80 IT ASSET DISPOSITION MARKET, BY REGION, 2020–2023 (USD MILLION)
             TABLE 81 IT ASSET DISPOSITION MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.2 NORTH AMERICA 
             10.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
                        FIGURE 45 NORTH AMERICA: IT ASSET DISPOSITION MARKET SNAPSHOT
                        TABLE 82 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 83 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 84 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                        TABLE 85 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
                        TABLE 86 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2020–2023 (USD MILLION)
                        TABLE 87 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)
                        TABLE 88 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                        TABLE 89 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                        TABLE 90 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 91 NORTH AMERICA: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             10.2.2 US
                        10.2.2.1 Presence of reputed IT asset disposition vendors to drive market
                                     TABLE 92 US: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 93 US: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.2.3 CANADA
                        10.2.3.1 Strict data privacy regulations to foster market growth
                                     TABLE 94 CANADA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 95 CANADA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.2.4 MEXICO
                        10.2.4.1 Rising demand for smartphones and tablets to drive market
                                     TABLE 96 MEXICO: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 97 MEXICO: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
     10.3 EUROPE 
             10.3.1 RECESSION IMPACT ON MARKET IN EUROPE
                        FIGURE 46 EUROPE: IT ASSET DISPOSITION MARKET SNAPSHOT
                        TABLE 98 EUROPE: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 99 EUROPE: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 100 NORDIC COUNTRIES: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 101 NORDIC COUNTRIES: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 102 EUROPE: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                        TABLE 103 EUROPE: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
                        TABLE 104 EUROPE: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2020–2023 (USD MILLION)
                        TABLE 105 EUROPE: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)
                        TABLE 106 EUROPE: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                        TABLE 107 EUROPE: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                        TABLE 108 EUROPE: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 109 EUROPE: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             10.3.2 UK
                        10.3.2.1 BFSI industry to offer lucrative growth opportunities to players
                                     TABLE 110 UK: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 111 UK: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.3 GERMANY
                        10.3.3.1 Presence of established automotive manufacturers to support market
                                     TABLE 112 GERMANY: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 113 GERMANY: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.4 FRANCE
                        10.3.4.1 Enforcement of sustainable regulatory policies to boost market growth
                                     TABLE 114 FRANCE: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 115 FRANCE: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.5 ITALY
                        10.3.5.1 Regulations to optimize reuse and recycling of IT hardware accelerate market growth
                                     TABLE 116 ITALY: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 117 ITALY: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.6 NETHERLANDS
                        10.3.6.1 Partnerships among regional, local, and global players to drive market
                                     TABLE 118 NETHERLANDS: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 119 NETHERLANDS: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.7 BELGIUM
                        10.3.7.1 Small and medium-sized IT asset disposition service providers to play significant role in driving market
                                     TABLE 120 BELGIUM: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 121 BELGIUM: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.8 NORDIC COUNTRIES
                        10.3.8.1 IT regulations and national policies to fuel market growth
                                     TABLE 122 NORDIC COUNTRIES: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 123 NORDIC COUNTRIES: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.3.9 REST OF EUROPE
                        TABLE 124 REST OF EUROPE: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                        TABLE 125 REST OF EUROPE: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
     10.4 ASIA PACIFIC 
             10.4.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
                        FIGURE 47 ASIA PACIFIC: IT ASSET DISPOSITION MARKET SNAPSHOT
                        TABLE 126 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
                        TABLE 127 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                        TABLE 128 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                        TABLE 129 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
                        TABLE 130 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2020–2023 (USD MILLION)
                        TABLE 131 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)
                        TABLE 132 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                        TABLE 133 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                        TABLE 134 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 135 ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             10.4.2 JAPAN
                        10.4.2.1 Growing importance of reliable IT infrastructure to boost demand
                                     TABLE 136 JAPAN: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 137 JAPAN: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.4.3 CHINA
                        10.4.3.1 IT & telecom and automotive industries to offer lucrative growth opportunities to players
                                     TABLE 138 CHINA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 139 CHINA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.4.4 SOUTH KOREA
                        10.4.4.1 High amount of electronics and e-waste generated by multinational companies to drive market
                                     TABLE 140 SOUTH KOREA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 141 SOUTH KOREA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.4.5 INDIA
                        10.4.5.1 Need for updated security technologies to widen growth opportunities
                                     TABLE 142 INDIA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 143 INDIA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.4.6 REST OF ASIA PACIFIC
                        TABLE 144 REST OF ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                        TABLE 145 REST OF ASIA PACIFIC: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
     10.5 ROW 
             10.5.1 RECESSION IMPACT ON MARKET IN ROW
                        TABLE 146 ROW: IT ASSET DISPOSITION MARKET, BY GEOGRAPHY, 2020–2023 (USD MILLION)
                        TABLE 147 ROW: IT ASSET DISPOSITION MARKET, BY GEOGRAPHY, 2024–2029 (USD MILLION)
                        TABLE 148 ROW: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                        TABLE 149 ROW: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
                        TABLE 150 ROW: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2020–2023 (USD MILLION)
                        TABLE 151 ROW: IT ASSET DISPOSITION MARKET, BY ASSET TYPE, 2024–2029 (USD MILLION)
                        TABLE 152 ROW: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2020–2023 (USD MILLION)
                        TABLE 153 ROW: IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
                        TABLE 154 ROW: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
                        TABLE 155 ROW: IT ASSET DISPOSITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
             10.5.2 SOUTH AMERICA
                        10.5.2.1 Reverse logistics programs to boost market growth
                                     TABLE 156 SOUTH AMERICA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 157 SOUTH AMERICA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.5.3 GCC
                        10.5.3.1 Growing awareness regarding proper e-waste management to drive market
                                     TABLE 158 GCC: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 159 GCC: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
             10.5.4 REST OF MIDDLE EAST & AFRICA
                        10.5.4.1 Enforcement of sustainability policies to boost demand
                                     TABLE 160 REST OF MIDDLE EAST & AFRICA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2020–2023 (USD MILLION)
                                     TABLE 161 REST OF MIDDLE EAST & AFRICA: IT ASSET DISPOSITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
 
11 COMPETITIVE LANDSCAPE (Page No. - 177)
     11.1 OVERVIEW 
     11.2 STRATEGIES ADOPTED BY MAJOR PLAYERS, 2020–2023 
             TABLE 162 IT ASSET DISPOSITION MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
     11.3 REVENUE ANALYSIS, 2020–2022 
             FIGURE 48 IT ASSET DISPOSITION MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2022
     11.4 MARKET SHARE ANALYSIS, 2023 
             TABLE 163 GLOBAL IT ASSET DISPOSITION MARKET SHARE ANALYSIS, 2023
             FIGURE 49 IT ASSET DISPOSITION MARKET SHARE ANALYSIS, 2023
     11.5 COMPANY EVALUATION MATRIX, 2023 
             11.5.1 STARS
             11.5.2 EMERGING LEADERS
             11.5.3 PERVASIVE PLAYERS
             11.5.4 PARTICIPANTS
                        FIGURE 50 IT ASSET DISPOSITION MARKET: COMPANY EVALUATION MATRIX, 2023
             11.5.5 COMPANY FOOTPRINT
           TABLE 164 COMPANY FOOTPRINT
           TABLE 165 VERTICAL FOOTPRINT
           TABLE 166 SERVICE FOOTPRINT
           TABLE 167 REGION FOOTPRINT
     11.6 START-UPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2023 
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
                        FIGURE 51 IT ASSET DISPOSITION MARKET: START-UPS/SMES EVALUATION MATRIX, 2023
             11.6.5 COMPETITIVE BENCHMARKING
                        TABLE 168 LIST OF KEY START-UPS/SMES
                        TABLE 169 IT ASSET DISPOSITION MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
                        TABLE 170 IT ASSET DISPOSITION MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES, BY VERTICAL
     11.7 COMPETITIVE SCENARIOS AND TRENDS 
             11.7.1 PRODUCT/SERVICE LAUNCHES
                        TABLE 171 IT ASSET DISPOSITION MARKET: SERVICE LAUNCHES
             11.7.2 DEALS
                        TABLE 172 IT ASSET DISPOSITION MARKET: DEALS, 2020–2023
             11.7.3 OTHERS
                        TABLE 173 IT ASSET DISPOSITION MARKET: OTHERS, 2020–2023
 
12 COMPANY PROFILES (Page No. - 198)
     12.1 KEY PLAYERS 
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*  
             12.1.1 DELL INC.
                        TABLE 174 DELL INC.: COMPANY OVERVIEW
                        FIGURE 52 DELL INC.: COMPANY SNAPSHOT
                        TABLE 175 DELL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 176 DELL INC.: DEALS
                        TABLE 177 DELL INC.: OTHERS
             12.1.2 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP
                        TABLE 178 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: COMPANY OVERVIEW
                        FIGURE 53 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: COMPANY SNAPSHOT
                        TABLE 179 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
                        TABLE 180 HEWLETT PACKARD ENTERPRISE DEVELOPMENT LP: DEALS
             12.1.3 IBM
                        TABLE 181 IBM: COMPANY OVERVIEW
                        FIGURE 54 IBM: COMPANY SNAPSHOT
                        TABLE 182 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 183 IBM: DEALS
             12.1.4 SIMS LIMITED
                        TABLE 184 SIMS LIMITED: COMPANY OVERVIEW
                        FIGURE 55 SIMS LIMITED: COMPANY SNAPSHOT
                        TABLE 185 SIMS LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 186 SIMS LIMITED: DEALS
                        TABLE 187 SIMS LIMITED: OTHERS
             12.1.5 IRON MOUNTAIN, INC.
                        TABLE 188 IRON MOUNTAIN, INC.: COMPANY OVERVIEW
                        FIGURE 56 IRON MOUNTAIN, INC.: COMPANY SNAPSHOT
                        TABLE 189 IRON MOUNTAIN, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 190 IRON MOUNTAIN, INC.: DEALS
             12.1.6 3STEPIT
                        TABLE 191 3STEPIT: COMPANY OVERVIEW
                        TABLE 192 3STEPIT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 193 3STEPIT: SERVICE LAUNCHES
                        TABLE 194 3STEPIT: DEALS
             12.1.7 TES
                        TABLE 195 TES: COMPANY OVERVIEW
                        TABLE 196 TES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 197 TES: DEALS
                        TABLE 198 TES: OTHERS
             12.1.8 APTO SOLUTIONS INC.
                        TABLE 199 APTO SOLUTIONS INC.: COMPANY OVERVIEW
                        TABLE 200 APTO SOLUTIONS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 201 APTO SOLUTIONS INC.: SERVICE LAUNCHES
             12.1.9 LIFESPAN INTERNATIONAL INC.
                        TABLE 202 LIFESPAN INTERNATIONAL INC.: COMPANY OVERVIEW
                        TABLE 203 LIFESPAN INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.10 TOTAL IT GLOBAL
                        TABLE 204 TOTAL IT GLOBAL: COMPANY OVERVIEW
                        TABLE 205 TOTAL IT GLOBAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 206 TOTAL IT GLOBAL: SERVICE LAUNCHES
                        TABLE 207 TOTAL IT GLOBAL: DEALS
     12.2 OTHER PLAYERS 
             12.2.1 OCEANTECH
             12.2.2 BRP INFOTECH PVT. LTD.
             12.2.3 PARK PLACE TECHNOLOGIES
             12.2.4 TBS INDUSTRIES INC.
             12.2.5 INGRAM MICRO
             12.2.6 INREGO AB
             12.2.7 ATEA
             12.2.8 RENEWTECH
             12.2.9 BLANCCO TECHNOLOGY GROUP
             12.2.10 PROLIMAX
             12.2.11 TIER1
             12.2.12 FLEX IT DISTRIBUTION
             12.2.13 CSI LEASING, INC.
             12.2.14 CHG-MERIDIAN
             12.2.15 RELUTECH
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.  
 
13 APPENDIX (Page No. - 248)
     13.1 DISCUSSION GUIDE 
     13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.3 CUSTOMIZATION OPTIONS 
     13.4 RELATED REPORTS 
     13.5 AUTHOR DETAILS 
 

The study involved four major activities in estimating the size of the IT asset disposition market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. Validation of these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the global market size. After that, market breakdown and data triangulation have been used to estimate the market sizes of segments and subsegments.

Secondary Research

Various secondary sources were used to identify and collect relevant information. These include corporate filings such as annual reports, press releases, investor presentations, and financial statements; trade, business, and professional associations; white papers, journals, and articles from recognized authors; certified publications related to IT asset disposition; directories; and databases.

Secondary research was conducted to obtain key information about the supply chain of the industry, the monetary chain of the market, the total pool of key players, the segmentation of the market according to industry trends to the bottommost level, geographic markets, and key developments from the market-oriented perspective. Secondary data was collected and analyzed to arrive at the overall market size, which was further validated through primary research.

Primary Research

In the primary research process, various primary sources, from both supply and demand sides, were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side included experts such as chief executive officers (CEOs), vice presidents, marketing directors, technology and innovation directors, SMEs, consultants, and related key executives from the major companies and organizations operating in the IT asset disposition market.

After the complete market engineering process (which includes market statistics calculations, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical market numbers.

Several primary interviews were conducted with experts from both the demand and supply sides across four major regions—North America, Europe, Asia Pacific, and RoW. Approximately 25% of the primary interviews were conducted with demand respondents and 75% with supply respondents. This primary data was collected through questionnaires, emails, and telephonic interviews.

IT Asset Disposition Market
 Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the IT asset disposition market. These methods have also been extensively used to estimate the sizes of various market subsegments. The research methodology used to estimate the market sizes includes the following:

  • More than 25 companies offering IT asset disposition services were identified, and their offerings were mapped based on service, end-user, and region.
  • The global IT asset disposition market was derived through the data sanity method. The revenues of ITAD service providers were analyzed through annual reports and press releases and summed up to derive the overall market size.
  • For each company, a percentage was assigned to the overall revenue to derive the revenues from the IT asset disposition segment.
  • The percentage of each company was assigned after analyzing various factors, including the company’s product offerings, its range of IT asset disposition-related offerings, geographic presence, research & development expenditure and initiatives, and recent developments/strategies adopted for growth in the IT asset disposition market.
  • For the CAGR, the market trend analysis of IT asset disposition was carried out by understanding the industry penetration rate and the demand for and supply of IT asset disposition services in different sectors.
  • Estimates at every level were verified and crosschecked through discussions with key opinion leaders, including CXOs, directors, operation managers, and domain experts in MarketsandMarkets.
  • Various paid and unpaid information sources were studied, such as annual reports, press releases, white papers, and databases.

Market Size Estimation Methodology-Bottom-up Approach

IT Asset Disposition Market
 Size, and Bottom-up Approach

Market Size Estimation Methodology-Top-Down Approach

IT Asset Disposition Market
 Size, and Top-Down Approach

Data Triangulation

After arriving at the overall market size through the earlier process, the total market was split into several segments. The market breakdown and data triangulation procedures were employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. The market was validated using both the top-down and bottom-up approaches.

Market Definition

IT asset disposition refers to the disposal of obsolete or unwanted IT equipment in a safe, secure, and environmentally friendly manner. Due to rapid technological advances and the innovation of new products, the IT market is becoming more advanced and competitive. As a result, there is a rise in the number of obsolete equipment in the market—the proper and safe disposal of which is critical to ensure compliance with stringent regulatory standards for the safety of the environment.

End-user organizations often prefer third-party vendors or service providers for the disposition of their used and old IT assets in a safe and secure manner. The key offerings of these service providers in this market space are data destruction/data sanitization, asset recycling, asset remarketing, logistics management, and reverse logistics. These service providers are certified in accordance with regulatory compliances and mandates for the proper disposal of e-waste and data destruction. Assets such as computers/laptops, servers, storage devices, mobile devices, and peripherals are considered for disposition. The market is diversified, with more than 25 companies competing across the value chain to sustain their position and increase their market share.

Stakeholders

  • IT asset disposition service providers
  • IT asset manufacturing organizations
  • Research organizations and consulting companies
  • Associations, organizations, forums, and alliances related to IT asset disposition
  • Government bodies such as regulatory authorities and policymakers
  • Venture capitalists, private equity firms, and start-up companies

Research Objectives

  • To define, describe, and forecast the IT asset disposition (ITAD) market, by service, asset type, organization size, vertical, and region, in terms of value
  • To provide the market size for North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective country-level market sizes, in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence market growth
  • To provide a detailed overview of the IT asset disposition value chain
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze key trends that shape and influence the global IT asset disposition market
  • To profile key players and comprehensively analyze their ranking/share based on their revenues and core competencies2
  • To evaluate opportunities in the market for stakeholders and provide details about the competitive landscape of the market
  • To scrutinize competitive developments in the IT asset disposition market, such as partnerships, contracts, and research and development (R&D)

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