IT Asset Disposition (ITAD) Market By Product (Mobile Devices, Computers/Laptops, Peripherals, Server Equipment, Network Equipment), By Service (Asset Tracking, Data Destruction/Sanitation, Recovery, Recycling), By Industry Vertical (It & Telecommunication, Banks, Financial Services And Insurance, Government & Defense, Media & Entertainment, Education, Healthcare, Manufacturing) - Growth, Future Prospects And Competitive Analysis 2017 – 2025

The electronics industry worldwide has witnessed high growth over the period of time. With the advent of mobile devices technology, products such as computers, office equipment and other enterprise-oriented products have witnessed sustaining revolution over the period of time. However, over the period of time, it has become essential for business enterprises to manage the aging electronic equipment so as to replace them with the new ones. As improper disposal of electronic devices results into environmental as resource loss, it becomes essential to get rid of such products in a defined way. In order to reduce effect of improper disposal on the environment, various regulations have enforced so as to ensure electronic products are disposed in a defined manner and reaches the desired vendor.

Electronic assets are moved from an enterprise through various disposition processes by handing them over to an IT asset disposition company. After appropriate disposal, the ITAD vendor provides a certificate of destruction having the serial numbers of assets destroyed and recycled. The enterprise then verifies the serial numbers on the certificate of destruction so as to tally the assets they handed over to the ITAD vendor.

 It Asset Disposition (ITED) Market

The report titled “Global IT Asset Disposition Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global IT asset disposition market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based on product, service type, industry vertical and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision makers, the report also includes competitive profiling of the leading IT asset disposition service vendors, their business strategy analysis, market positioning and key developments. Some of the major players profiled in the report are Hewlett-Packard (HP) Company, Dell, Inc., CloudBlue Technologies, Inc. Arrow Electronics, Inc., Apto Solutions, Inc., LifeSpan International, Inc., Iron Mountain, Inc., dataserv Group and Sims Recycling among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the IT asset disposition industry
  • Comparative analysis for different segments for the years 2016 & 2025
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global IT asset disposition market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Based on the geography, the global IT asset disposition market is segmented as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East & Africa (MEA)
    • Latin America

It Asset Disposition

As of 2016, the overall IT asset disposition market worldwide is led by the North America region. The business enterprises in the region face stringent regulations enforced upon effective disposition of IT assets. In addition, the region enjoys presence of numerous companies operating in the market. This has ensured significant penetration of ITAD services in the region. Europe follows North America, in terms of revenue, of the overall IT asset disposition market.

In the following years, Asia Pacific is poised to emerge as the most lucrative market for IT asset disposition. The region is rapidly becoming IT industry hub due to factors such as cheap labor and availability of skilled resources. Subsequently, IT asset disposition market here is set to exhibit high growth during the forecast period.

On the basis of industry vertical, the global IT asset disposition market is segmented into following categories:

  • IT & Telecommunication
  • Banks, Financial Services and Insurance (BFSI)
  • Government & Defense
  • Media & Entertainment
  • Education
  • Healthcare
  • Manufacturing
  • Others

It Asset Disposition (ITED) Market

The global IT asset disposition market is led collectively by the media & entertainment and IT & telecom segments, as of 2016. These are among the industry verticals having the largest IT infrastructure. In addition, due to relatively higher replacement trend, these industry verticals generate the highest volume of IT assets requiring periodic disposal. The IT & telecom segment growth is primarily driven by the consistent rise in the IT industry, post-economic recession in 2008-09. Similarly, media & entertainment is among the industry verticals experiencing promising growth since the past several years. Due to continual advancement in broadcasting and video format technologies, the segment growth is projected to remain strong during the forecast period.

 

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Published Date:  May 2017
Category:  Technology & Media
Report ID:   58451
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
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