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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 a period of time. With the advent of mobile device technology, products such as computers, office equipment, and other enterprise-oriented products have witnessed a sustained revolution over the course of time. However, over time, it has become essential for business enterprises to manage aging electronic equipment so as to replace them with new ones. As improper disposal of electronic devices results in environmental and resource loss, it becomes essential to get rid of such products in a defined way. In order to reduce the effects of improper disposal on the environment, various regulations have been enforced so as to ensure electronic products are disposed of in a defined manner and reach 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 with 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.

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 of 2015–2025. The said research study covers an 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 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading IT asset disposition service vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers.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., data serv 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 is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

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 and 2025
  • Market fuelers, market impediments, and their impact on 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 product type, the global IT asset disposition market is segmented into the following categories:

  • Mobile Devices
  • Computers and Laptops
  • Peripherals
  • Server Equipment
  • Network Equipment

As of 2016, the overall IT asset disposition market worldwide is led by the computers and laptops segment. The segment contributes to nearly one-third of the total market in terms of revenue. Computers and laptops are the most popular assets observed across nearly all of the industry verticals. This makes them the most potentially valuable IT assets requiring effective disposal and recycling. In addition, these are among the IT assets being replaced within a period of less than a decade. As a result, over time, the computer and laptop segment has emerged as the most profitable.

The computers and laptops segment is followed by the server equipment and peripherals segment. Apart from computers and laptops, server equipment and related computer peripherals are products required in high volumes across different industry verticals. In the coming years, server equipment is projected to witness high growth. This is attributed to the rapidly rising adoption of cloud technology across the world.

Based on geography, the global IT asset disposition market is segmented into the 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 and Africa (MEA)
  • Latin America

As of 2016, the North American region led the global IT asset disposition market. The business enterprises in the region face stringent regulations enforced upon the effective disposition of IT assets. In addition, the region enjoys the 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 in 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 an IT industry hub due to factors such as cheap labor and the availability of skilled resources. Subsequently, the 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 the following categories:

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

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 with the largest IT infrastructure. In addition, due to a relatively higher replacement trend, these industry verticals generate the highest volume of IT assets requiring periodic disposal. The consistent rise in the IT industry following the 2008-09 economic recession is primarily driving the IT and telecom segment growth. Similarly, media and entertainment are among the industry verticals experiencing promising growth over the past several years. Due to continual advancements in broadcasting and video format technologies, segment growth is projected to remain strong during the forecast period.

Frequently Asked Questions:

The market for IT Asset Disposition (ITAD) Market is expected to reach USD XX Bn By 2025.

The IT Asset Disposition (ITAD) Market is expected to see significant CAGR growth over the coming years, at 6.7%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Hewlett-Packard (HP) Company, Dell, Inc., CloudBlue Technologies, Inc., Arrow Electronics, Inc., Apto Solutions, Inc., LifeSpan International, Inc., Iron Mountain, Inc., data serv Group are some of the major players in the global market.

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Godaddy
Published Date:  May 2017
Category:  Technology & Media
Report ID:   58451
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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