Market Analysis

Market Research Future (MRFR) estimates the global IT asset disposition market size to grow at a CAGR of 8.20% from 2020 to 2030 (forecast period). 


Multiple Factors to Augment Market Growth

The world has a significant presence in the electronics industry. This market's vendors are concentrating on driving factors such as product development and launch. The emphasis is on the introduction of energy-efficient products. In this approach, businesses are meeting the needs of their customers while also gaining a competitive advantage in the market. They are also playing an important role in disseminating the necessary information and raising awareness among customers and businesses about the importance of properly disposing of computer equipment after usage.

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IT Asset Disposition (ITAD) Market is a process that allows you to get rid of unwanted computer equipment. This can be done in an environmentally friendly and safe manner. The vendors provide services to enterprises, assisting them to remove, recycle, and remarket various types of computer equipment. As a result, environmental concerns, legal risks, and unneeded maintenance and replacement expenditures are eliminated. Many businesses choose to outsource their ITAD tasks to reduce and eliminate administrative headaches, labour costs, and storage-related issues.

Key Players: -

  • IBM Corporations (US)
  • Tes-Amm India Private Limited (India)
  • EOL IT Services (UK)
  • Sims Recycling Solutions. Inc (India)
  • ITRenew (US)
  • Exit Technologies (France)
  • GreenTek Teman Pvt Ltd (India)
  • Maxicom Network Inc (India)
  • Dell (US)
  • HP (US)
  • Arrow Electronics (US)
  • TBS Indistries Inc. (US)



The Global Market to Rebound Post COVID-19 Crisis

The global IT Asset Disposition (ITAD) Market pandemic has had a negative impact on the markets of numerous economies. During the shutdown, the entire world came to a halt. However, with government regulations and prospects for merging and changing the supply chain analysis, the leading players in the ITAD market are taking significant steps to mitigate the negative consequences.

Customers' rising possession of various types of electronic devices is functioning as a driving force. IT Asset Disposition (ITAD) Market disposal is well-supported equipment disposal that is devoid of any obstacles or difficulties. After their lifecycles have been completed, the products are disposed of. All of this is preparing for a huge ITAD resurgence following the COVID 19 era, hence increasing their global market size.


Market Segmentation

The global IT asset disposition (ITAD) market has been segmented into asset type, service, organization size, and industry vertical. 

By asset type, the global IT asset disposition (ITAD) market has been segmented into Computer, Mobile Devices, Servers, Storage Devices, and Peripherals.

By service, the global IT asset disposition (ITAD) market has been segmented into Data Destruction, Recycling, Reverse Logistics, De-Manufacturing, Remarketing & Value Recovery, Logistics Management, and Remarking.

By organization size, the global IT asset disposition (ITAD) market has been segmented into SMEs and Large Enterprise.

By industry vertical, the global IT asset disposition (ITAD) market has been segmented into Aerospace & Defence, Energy and Power, Pharmaceutical, Oil & Gas, Food & Beverages, Chemical, Automotive, and Others. 

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Regional Analysis

North America to Dominate the Global Market

During the projected period, North America will account for the highest share of the IT asset disposition market. The adoption of new technology, product innovation, high regulatory standards, and environmental consciousness is driving the expansion of the North American IT asset disposition industry.


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