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IT Asset Disposition (ITAD) Market - Global Industry Analysis

IT Asset Disposition (ITAD) Market- By Asset Type (Computer/Laptops, Servers, Storage Devices, Peripherals, and Mobile Devices), By Service Type (De-Manufacturing & Recycling, Remarketing & Value Recovery, Data Sanitization, and Reverse Logistics), By Industry Vertical (BFSI, IT & Telecom, Healthcare, Aerospace & Defense, Public Sector, Manufacturing, Media & Entertainment, and Educational Institutions), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Published Date: 13-Oct-2021 Category: Semiconductor & Electronics Report Format : PDF Pages: 180 Report Code: ZMR-2637 Status : Published

The global IT Asset Disposition (ITAD) Market accrued earnings worth approximately 13.1(USD Billion) in 2020 and is predicted to gain revenue of about 22.4(USD Billion) by 2028, is set to record a CAGR of nearly 8.1% over the period from 2021 to 2028.

Description

The global IT Asset Disposition (ITAD) Market accrued earnings worth approximately 13.1(USD Billion) in 2020 and is predicted to gain revenue of about 22.4(USD Billion) by 2028, is set to record a CAGR of nearly 8.1% over the period from 2021 to 2028. The report offers assessment and analysis of the IT Asset Disposition (ITAD) Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

IT Asset Disposition (ITAD) Market: Synopsis

IT asset disposition is the practice of how and at which location to dispose hardware of IT assets. Apart from this, IT asset disposition activities assist in upgradation and getting rid of outdated & non-compatible computer devices for firms. Need for closing down whole or a part of data center as well as disposing off non-useful data center hardware components requires IT asset disposition services. In addition to this, IT asset disposition helps in identifying and disposing or erasing of unrequired data stored in endpoint equipment such as smartphones, tablets, desktops, and laptops. Researchers are of view that firms regularly upgrading their IT devices derive huge benefits as this can help them reduce operating costs.

Furthermore, ITAD solutions help firms effectively handle IT hardware and data center device requiring remarketing, reuse, repairs, and discarding. Moreover, ITAD services offer data sanitization/cleansing as the former helps in expunging confidential data of firm from end-of-life storage medium of computer hardware.

IT Asset Disposition (ITAD) Market: Growth Factors

IT Asset Disposition (ITAD) Market is set to gain traction over coming years subject to large-scale requirement of ITAD solutions for recycling as well as remarketing of unwanted hardware device along with need for effectively handling supply chain activities that aid data centers.  Apart from this, ITAD service providers’ help in analyzing hardware utilization in data centers and create new solutions for optimizing inventory management along with routing stock outs as well as gaps in supply chain management events for various firms. This, in turn, will translate into humungous growth of IT asset disposition (ITAD) market. Necessity of data security and need for legal compliance will drive IT asset disposition (ITAD) industry trends.

Moreover, need for e-recycling and smelting in IT and electrical & electronics sectors will spur expansion of IT Asset Disposition (ITAD) industry in upcoming years. In addition to this, surge in environmental concerns due to improper disposal of electronic & electrical equipment has culminated into huge demand for IT Asset disposition solutions across various business verticals, thereby driving IT asset disposition (ITAD) industry surge. Moreover, strict laws have been enforced on various firms for appropriate recycling & disposal of electronic devices and this has culminated into lucrative growth for IT Asset Disposition (ITAD) market. Enterprises across globe are focusing on reducing power usage by server equipment through regular upgradation of existing IT infrastructure and IT asset disposition. This will provide a boost to growth of IT Asset Disposition (ITAD) market.  

Regional Insights

North America To Dominate Regional Market Trends Over 2021-2028

High demand for energy efficient products & services catering to business requirements will drive growth of IT Asset Disposition (ITAD) market in North America. With thriving consumer electronics sector in countries such as the U.S. and Canada, it has become necessary for proper recycling of consumer electronics devices including laptops, desktops, office devices, and handled equipment. This has translated into massive penetration of ITAD services in these countries, thereby contributing substantially towards regional market size.

Competitive Insights

Key players impacting growth of IT asset disposition (ITAD) market and profiled in study are CloudBlue Technologies, Inc., TES (Singapore) Pte Ltd, Iron Mountain Inc., Hewlett-Packard Company, TBS Industries, Sims Recycling Solutions, Inc., ITrenew Inc, Apto Solution, Inc, LifeSpan International Inc, Arrow Electronics, IBM, , and Dell Inc.

The global IT Asset Disposition (ITAD) Market is segmented as follows:

By Asset Type

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

By Industry Vertical

  • BFSI
  • IT & Telecom
  • Educational Institutions
  • Aerospace & Defense
  • Public Sector
  • Manufacturing
  • Media & Entertainment

By Service Type

  • De-Manufacturing &  Recycling
  • Remarketing & Value Recovery
  • Data Sanitization
  • Reverse Logistics

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Higher Education Market, 2018–2028(USD Billion)
    • 2.2. Higher Education Market: Snapshot
  • Chapter 3. Global Higher Education Market– Industry Analysis
    • 3.1. Higher Education Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Strict legislations have been enforced on various firms for recycling & disposal of electronic equipment and this has defined growth for IT Asset Disposition (ITAD) industry.
      • 3.2.2. Organizations & various industrial units across globe are focusing on reducing use of electricity by server equipment through routine upgradation of current IT infrastructure and IT asset disposition, thereby creating new growth avenues for IT Asset Disposition (ITAD) market.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Asset Type
      • 3.4.2. Market attractiveness analysis By Service Type
      • 3.4.3. Market attractiveness analysis By Industry Vertical
  • Chapter 4. Global Higher Education Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Higher Education Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Service launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Higher Education Market– Asset Type Analysis
    • 5.1. Global IT Asset Disposition (ITAD) Marketoverview: By Asset Type
      • 5.1.1. Global IT Asset Disposition (ITAD) Marketshare, By Asset Type, 2020 and 2028
    • 5.2. Computer/Laptops
      • 5.2.1. Global Higher Education Marketby Computer/Laptops, 2018–2028(USD Billion)
    • 5.3. Mobile Devices
      • 5.3.1. Global Higher Education Marketby Mobile Devices, 2018–2028(USD Billion)
    • 5.4. Servers
      • 5.4.1. Global Higher Education Marketby Servers, 2018–2028(USD Billion)
    • 5.5. Storage Devices
      • 5.5.1. Global Higher Education Market by Storage Devices, 2018–2028(USD Billion)
    • 5.6. Peripherals
      • 5.6.1. Global Higher Education Market by Peripherals, 2018–2028(USD Billion)
  • Chapter 6. Global Higher Education Market– Service Type Analysis
    • 6.1. Global Higher Education Marketoverview: By Service Type
      • 6.1.1. Global Higher Education Marketshare, By Service Type, 2020 and 2028
    • 6.2. De-Manufacturing & Recycling
      • 6.2.1. Global Higher Education Marketby De-Manufacturing & Recycling , 2018–2028(USD Billion)
    • 6.3. Remarketing & Value Recovery
      • 6.3.1. Global Higher Education Marketby Remarketing & Value Recovery, 2018–2028(USD Billion)
    • 6.4. Data Sanitization
      • 6.4.1. Global Higher Education Marketby Data Sanitization, 2018–2028(USD Billion)
    • 6.5. Reverse Logistics
      • 6.5.1. Global Higher Education Marketby Reverse Logistics, 2018–2028(USD Billion)
  • Chapter 7. Global Higher Education Marketoverview: By Industry Vertical
    • 7.1.1. Global Higher Education Marketshare, By Industry Vertical , 2020 and 2028
    • 7.2. BFSI
      • 7.2.1. Global Higher Education Marketby BFSI, 2018–2028(USD Billion)
    • 7.3. IT & Telecom
      • 7.3.1. Global Higher Education Marketby IT & Telecom, 2018–2028(USD Billion)
    • 7.4. Healthcare
      • 7.4.1. Global Higher Education Marketby Healthcare, 2018–2028(USD Billion)
    • 7.5. Aerospace & Defense
      • 7.5.1. Global Higher Education Marketby Aerospace & Defense, 2018–2028(USD Billion)
    • 7.6. Public Sector
      • 7.6.1. Global Higher Education Marketby Public Sector, 2018–2028(USD Billion)
    • 7.7. Manufacturing
      • 7.7.1. Global Higher Education Marketby Manufacturing, 2018–2028(USD Billion)
    • 7.8. Media & Entertainment
      • 7.8.1. Global Higher Education Marketby Media & Entertainment, 2018–2028(USD Billion)
    • 7.9. Educational Institutions
      • 7.9.1. Global Higher Education Marketby Educational Institutions, 2018–2028(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. CloudBlue Technulogies, Inc.
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Service Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. TES (Singapore) Pte Ltd
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Service Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Iron Mountain Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Service Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Development
    • 8.4. Hewlett-Packard Company
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Service Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Development
    • 8.5. TBS Industries
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Service Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Sims Recycling Sulutions, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Service Portfulio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. ITrenew Inc
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Service Portfulio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development
    • 8.8. Apto Sulution, Inc.
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Service Portfulio
      • 8.8.4. Business Strategy
      • 8.8.5. Recent Development
    • 8.9. LifeSpan International Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Service Portfulio
      • 8.9.4. Business Strategy
      • 8.9.5. Recent Development
    • 8.10. Arrow Electronics
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Service Portfulio
      • 8.10.4. Business Strategy
      • 8.10.5. Recent Development
    • 8.11. IBM
      • 8.11.1. Overview
      • 8.11.2. Financials
      • 8.11.3. Service Portfulio
      • 8.11.4. Business Strategy
      • 8.11.5. Recent Development
    • 8.12. Dell Inc.
      • 8.12.1. Overview
      • 8.12.2. Financials
      • 8.12.3. Service Portfulio
      • 8.12.4. Business Strategy
      • 8.12.5. Recent Development

List of Figures

1. Market research Type
2. Market research methodology
3. Global Higher Education Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Higher Education Marketattractiveness, By Asset Type
6. Global Higher Education Marketattractiveness, By Service Type
7. Global Higher Education Marketattractiveness, By Industry Vertical
8. Global Higher Education Marketshare by Asset Type ,2020 and 2028 (USD Billion)
9. Global Higher Education Marketby Computer/Laptops, 2018–2028(USD Billion)
10. Global Higher Education Marketby Mobile Devices, 2018–2028(USD Billion)
11. Global Higher Education Marketby Servers, 2018–2028(USD Billion)
12. Global Higher Education Marketby Storage Devices, 2018–2028(USD Billion)
13. Global Higher Education Marketby Peripherals, 2018–2028(USD Billion)
14. Global Higher Education Marketshare by Service Type,2020 and 2028 (USD Billion)
15. Global Higher Education Marketby De-Manufacturing &  Recycling,  2018–2028(USD Billion)
16. Global Higher Education Marketby Remarketing & Value Recovery, , 2018–2028(USD Billion)
17. Global Higher Education Marketby Data Sanitization , 2018–2028(USD Billion)
18. Global Higher Education Marketby Reverse Logistics, 2018–2028(USD Billion)
19. Global Higher Education Marketshare by Industry Vertical ,2020 and 2028 (USD Billion)
20. Global Higher Education Marketby BFSI, 2018–2028(USD Billion)
21. Global Higher Education Marketby IT & Telecom, 2018–2028(USD Billion)
22. Global Higher Education Marketby Educational Institutions, 2018–2028(USD Billion)
23. Global Higher Education Marketby Media & Entertainment, 2018–2028(USD Billion)
24. Global Higher Education Marketby Manufacturing, 2018–2028(USD Billion)
25. Global Higher Education Marketby Public Sector, 2018–2028(USD Billion)
26. Global Higher Education Marketby Aerospace & Defense, 2018–2028(USD Billion)
27. Global Higher Education Marketby Healthcare, 2018–2028(USD Billion)
28. Global Higher Education Marketshare, by Region, 2020 and 2028
29. North America Higher Education Market, 2018–2028(USD Billion)
30. Europe Higher Education Market, 2018–2028(USD Billion)
31. Asia Pacific Higher Education Market, 2018–2028(USD Billion)
32. Latin America Higher Education Market, 2018–2028(USD Billion)
33. The Middle East and Africa Higher Education Market, 2018–2028(USD Billion)


List of Tables

1. Global Higher Education Market: snapshot
2. Drivers of the Higher Education Market: impact analysis
3. North America IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
4. North America IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
5. North America IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
6. The U.S. IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
7. The U.S. IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
8. The U.S. IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
9. Rest of North America IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
10. Rest of North America IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
11. Rest of North America IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
12. Europe IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
13. Europe IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
14. Europe IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
15. UK IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
16. UK IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
17. UK IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
18. France IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
19. France IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
20. France IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
21. Germany IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
22. Germany IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
23. Germany IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
24. Rest of Europe IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
25. Rest of Europe IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
26. Rest of Europe IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
27. Asia Pacific IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
28. Asia Pacific IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
29. Asia Pacific IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
30. China IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
31. China IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
32. China IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
33. Japan IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
34. Japan IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
35. Japan IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
36. India IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
37. India IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
38. India IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
39. Rest of Asia Pacific IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
40. Rest of Asia Pacific IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
41. Rest of Asia Pacific IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
42. Latin America IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
43. Latin America IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
44. Latin America IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
45. Brazil IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
46. Brazil IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
47. Brazil IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
48. Rest of Latin America IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
49. Rest of Latin America IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
50. Rest of Latin  America IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
51. The Middle East and Africa IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
52. The Middle East and Africa IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
53. The Middle East and Africa IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
54. Saudi Arabia IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
55. Saudi Arabia IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
56. Saudi Arabia IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
57. South Africa IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
58. South Africa IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
59. South Africa IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa IT Asset Disposition (ITAD) Marketrevenue, By Asset Type  ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa IT Asset Disposition (ITAD) Marketrevenue, By Service Type ,2018–2028(USD Billion)
62. Rest of the Middle East & Africa IT Asset Disposition (ITAD) Marketrevenue, By Industry Vertical ,2018–2028(USD Billion)


 
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global IT Asset Disposition (ITAD) market. Zion Market Research has collected and analyzed key data belong to the global IT Asset Disposition (ITAD) market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of IT Asset Disposition (ITAD) across the world has been calculated through primary and secondary research.

Zion Market Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Market Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the IT Asset Disposition (ITAD) industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases, and market reports

News articles, press releases, and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the IT Asset Disposition (ITAD) market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split into segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage, and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

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FrequentlyAsked Questions

IT Asset Disposition (ITAD) Market is set to gain traction over coming years subject to large-scale requirement of ITAD solutions for recycling as well as remarketing of unwanted hardware device along with need for effectively handling supply chain activities that aid data centers.  Apart from this, ITAD service providers’ help in analyzing hardware utilization in data centers and create new solutions for optimizing inventory management along with routing stock outs as well as gaps in supply chain management events for various firms. This, in turn, will translate into humungous growth of IT asset disposition (ITAD) market. Necessity of data security and need for legal compliance will drive IT asset disposition (ITAD) industry trends.

Moreover, need for e-recycling and smelting in IT and electrical & electronics sectors will spur expansion of IT Asset Disposition (ITAD) industry in upcoming years. In addition to this, surge in environmental concerns due to improper disposal of electronic & electrical equipment has culminated into huge demand for IT Asset disposition solutions across various business verticals, thereby driving IT asset disposition (ITAD) industry growth. 

According to Zion market research report, the global IT Asset Disposition (ITAD) Market accrued earnings worth approximately 13.1(USD Billion) in 2020 and is predicted to gain revenue of about 22.4(USD Billion) by 2028, is set to record a CAGR of nearly 8.1% over the period from 2021 to 2028.

 

North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to high demand for energy efficient products & services catering to business requirements in countries such as the U.S. and Canada. With thriving consumer electronics sector in sub-continent, it has become necessary for proper recycling of consumer electronics devices including laptops, desktops, office devices, and handled equipment. This has translated into massive penetration of ITAD services in North America, thereby contributing substantially towards regional market size.

The key market participants include CloudBlue Technologies, Inc., TES (Singapore) Pte Ltd, Iron Mountain Inc., Hewlett-Packard Company, TBS Industries, Sims Recycling Solutions, Inc., ITrenew Inc, Apto Solution, Inc., LifeSpan International Inc., Arrow Electronics, IBM, and Dell Inc. 

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