Global IT Asset Disposition (ITAD) Market was valued at US$ 9.9 Bn in 2019 and is expected to reach 21.1 Bn by 2027, at a CAGR of 10.93 % during the forecast period.
IT Asset Disposition (ITAD) Market Overview:
The study covers the IT Asset Disposition (ITAD) market's most recent revenue and market trends. It stresses a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the IT Asset Disposition (ITAD) Market, such as gross margin, cost, market share, capacity utilisation, and supply. It also aids in determining the future potential of IT Asset Disposition (ITAD) Market in the next years. The report presents a market overview through common subjects that are highlighted with unique data based on the need. This overview aids in making decisions about how to approach the market and comprehending the industry's backdrop.
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IT Asset Disposition (ITAD) Market Scope:
- Key Market Trends & Challenges:
The study analyses the primary adoption trend impacting the IT Asset Disposition (ITAD) industry as well as issues that may stymie its expansion. Understanding these elements is critical for product planning and design, as well as commercial strategies. To assist you understand the IT Asset Disposition (ITAD) market, this study provides a full analysis of these trends and obstacles.
- Market Statistics:
The report provides the market size and share of the IT Asset Disposition (ITAD) market. It helps in understanding the market and the report estimates upfront data and statistics that make the report a very valuable guide for individuals dealing with advertising and industry decision-making processes in the IT Asset Disposition (ITAD) market.
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Key Players:
• Apto Solutions
• Arrow Electronics, Inc.
• Dell, Inc.
• EOL IT Services
• Exit Technologies
• Gigacycle
• GreenTekReman Pvt. Ltd.
• HP Ltd., ICEX Ltd.
• Ingram Micro, Inc. (Formerly CloudBlue)
• Iron Mountain, Inc.
• ITRenew, Inc.
• LifeSpan International, Inc.
• Maxicom Network, Inc.
• MultiTek, LLC.
• Sims Recycling Solutions, Inc.
• TBS Industries
• TES-AMM Pte Ltd. (Formerly Dataserv Group)
• The Centrics Group (Merged with ADAPTURE)
• Wisetek.
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of IT Asset Disposition (ITAD) market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
COVID-19 Impact Analysis on IT Asset Disposition (ITAD) Market:
The report has identified detailed impact of COVID-19 on IT Asset Disposition (ITAD) market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of IT Asset Disposition (ITAD) market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the IT Asset Disposition (ITAD) Market Report are:
- Which product segment grabbed the largest share in the IT Asset Disposition (ITAD) market?
- How is the competitive scenario of the IT Asset Disposition (ITAD) market?
- Which are the key factors aiding the IT Asset Disposition (ITAD) market growth?
- Which region holds the maximum share in the IT Asset Disposition (ITAD) market?
- What will be the CAGR of the IT Asset Disposition (ITAD) market during the forecast period?
- Which application segment emerged as the leading segment in the IT Asset Disposition (ITAD) market?
- Which are the prominent players in the IT Asset Disposition (ITAD) market?
- What key trends are likely to emerge in the IT Asset Disposition (ITAD) market in the coming years?
- What will be the IT Asset Disposition (ITAD) market size by 2027?
- Which company held the largest share in the IT Asset Disposition (ITAD) market?
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Related Report Link:
IT Asset Disposition (ITAD) Market TrendsIT asset disposition (ITAD) is a process of disposing of unwanted computer equipment in an ecologically safe manner.
ITAD vendors help organizations to manage remarking, recycling, and remarketing of computer equipment to evade environmental concerns, unnecessary costs, and legal risks.
The successful ITAD asset disposition includes certified data destruction, certified chain-of-custody, and certified electronics recycling.
For instance, Iron Mountain Incorporated offers IT asset disposition service and secure e-waste, with secure chain-of-custody methods and proper logistics to ensure security, sustainability, and compliance for all the computer equipment.Growing BYOD trend and increasing adoption of electronic devices such as computer/laptops, office equipment, and handheld devices are some of the factors responsible for the growth of the market.
As the electronics industry is one of the most dynamic industries globally, vendors are focused on product development and product launches for delivering energy-efficient products so as to remain competitive in the market.
However, it becomes difficult for businesses to dispose of existing equipment.
IT Asset Disposition (ITAD) MarketA new market study, titled “IT Asset Disposition (ITAD) Market ” has been featured on Market Research Future.The global IT asset disposition (ITAD) market is predicted to touch USD 27 billion at a 12% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis.
It has wide applications in media and entertainment, manufacturing, aerospace and defense, education, IT and telecom, BFSI, and others.Various factors are propelling the global IT asset disposition market share.
As per the current MRFR report, such factors include stringent data security compliance with environmental regulations, growing need for maximizing asset value recovery and storing assets in inventory, increasing use of electronic gadgets for enterprise usage such as tablets, laptops, and mobiles, demand for consumer electronics, need for efficient disposition of IT assets, and unprecedented use during the COVID-19 outbreak.More Information@ https://www.marketresearchfuture.com/reports/it-asset-disposition-market-1002On the contrary, high capital investment, lack of awareness, requisite certification to get recognition, and concerns about data security are factors that may limit the global IT asset disposition market growth over the forecast period.
Of these, the mobile devices segment will lead the market over the forecast period and at a high CAGR.
The rising number of tablets and smartphones for work for increasing popularity of BYOD is adding to the growth of the segment.By service, the global IT asset disposition market is segmented into remarking, logistics management, remarketing and value recovery, de-manufacturing, reverse logistics, recycling, and data destruction.By organization size, the global IT asset disposition market is segmented into large enterprises and SMEs.
Of these, the SMEs segment will dominate the market over the forecast period.
IT Asset Disposition Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the IT Asset Disposition Market include Dell, Inc, Apto Solutions, Exit Technologies, GreenTekReman Pvt.
Ltd, Iron Mountain, Inc., ICEX Ltd, MultiTek, LLC., TBS Industries, LifeSpan International, Inc., The Centrics Group, Arrow Electronics, EOL IT Services, TBS Industries, Wisetek, Gigacycle, HP Ltd., CloudBlue, ITRenew, Inc., Maxicom Network, Inc., Sims Recycling Solutions, Inc., Maxicom Network, and Dataserv Group, etc..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global IT Asset Disposition Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/it-asset-disposition-market/download-sampleMarket SegmentationThe broad IT Asset Disposition Market has been sub-grouped into the Service, Asset Type, Organization Size, End-user and Region.
The report studies these subsets with respect to the geographical segmentation.
Market AnalysisThe global IT asset disposition (ITAD) market is predicted to touch USD 27 billion at a 12% CAGR between 2019- 2025 states the recent Market Research Future (MRFR) analysis.
It has wide applications in media and entertainment, manufacturing, aerospace and defense, education, IT and telecom, BFSI, and others.
As per the current MRFR report, such factors include stringent data security compliance with environmental regulations, growing need for maximizing asset value recovery and storing assets in inventory, increasing use of electronic gadgets for enterprise usage such as tablets, laptops, and mobiles, demand for consumer electronics, need for efficient disposition of IT assets, and unprecedented use during the COVID-19 outbreak.On the contrary, high capital investment, lack of awareness, requisite certification to get recognition, and concerns about data security are factors that may limit the global IT asset disposition market growth over the forecast period.Market SegmentationThe MRFR report provides an inclusive segmental analysis of the global IT asset disposition market based on industry vertical, organization size, service, and asset type.By asset type, the global IT asset disposition market is segmented into peripherals, storage devices, servers, mobile devices, and computers.
Of these, the mobile devices segment will lead the market over the forecast period and at a high CAGR.
The rising number of tablets and smartphones for work for increasing popularity of BYOD is adding to the growth of the segment.By service, the global IT asset disposition market is segmented into remarking, logistics management, remarketing and value recovery, de-manufacturing, reverse logistics, recycling, and data destruction.By organization size, the global IT asset disposition market is segmented into large enterprises and SMEs.
Of these, the SMEs segment will dominate the market over the forecast period.
