IT Asset Disposition Market Size, Share & Trends Analysis Report By Asset Type (Computers/Laptops, Smartphones & Tablets, Peripherals), By End-use (IT & Telecom, BFSI, Healthcare), By Region, And Segment Forecasts, 2023 - 2030
- Report ID: GVR-3-68038-950-0
- Number of Pages: 100
- Format: Electronic (PDF)
- Historical Range: 2018 - 2021
- Industry: Technology
Market Segmentation
- IT Asset Disposition Asset Type Outlook (Revenue, USD Million, 2018 - 2030)
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- IT Asset Disposition End-use Outlook (Revenue; USD Million; 2018 - 2030)
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- IT Asset Disposition Regional Outlook (Revenue; USD Million; 2018 - 2030)
- North America
- North America IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- North America IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- U.S.
- U.S. IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- U.S. IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- U.S. IT Asset Disposition market, By Asset Type
- Canada
- Canada IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Canada IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Canada IT Asset Disposition market, By Asset Type
- North America IT Asset Disposition market, By Asset Type
- Europe
- Europe IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Europe IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Germany
- Germany IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Germany IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Germany IT Asset Disposition market, By Asset Type
- U.K.
- U.K. IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- U.K. IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- U.K. IT Asset Disposition market, By Asset Type
- France
- France IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- France IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- France IT Asset Disposition market, By Asset Type
- Italy
- Italy IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Italy IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Italy IT Asset Disposition market, By Asset Type
- Spain
- Spain IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Spain IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Spain IT Asset Disposition market, By Asset Type
- Europe IT Asset Disposition market, By Asset Type
- Asia Pacific
- Asia Pacific IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Asia Pacific IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- China
- Asia Pacific IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Asia Pacific IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Asia Pacific IT Asset Disposition market, By Asset Type
- India
- India IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- India IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- India IT Asset Disposition market, By Asset Type
- Japan
- Japan IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Japan IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Japan IT Asset Disposition market, By Asset Type
- Singapore
- Singapore IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Singapore IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Singapore IT Asset Disposition market, By Asset Type
- South Korea
- South Korea IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- South Korea IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- South Korea IT Asset Disposition market, By Asset Type
- Asia Pacific IT Asset Disposition market, By Asset Type
- Latin America
- Latin America IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Latin America IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Brazil
- Brazil IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Brazil IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Brazil IT Asset Disposition market, By Asset Type
- Mexico
- Mexico IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Mexico IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Mexico IT Asset Disposition market, By Asset Type
- Argentina
- Argentina IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Argentina IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Argentina IT Asset Disposition market, By Asset Type
- Latin America IT Asset Disposition market, By Asset Type
- Middle East & Africa
- Middle East & Africa IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Middle East & Africa IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- UAE
- UAE IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- UAE IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- UAE IT Asset Disposition market, By Asset Type
- Saudi Arabia
- Saudi Arabia IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- Saudi Arabia IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- Saudi Arabia IT Asset Disposition market, By Asset Type
- South Africa
- South Africa IT Asset Disposition market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
- South Africa IT Asset Disposition market, By End-use
- BFSI
- IT & Telecom
- Government
- Energy and Utilities
- Healthcare
- Media and Entertainment
- Others
- South Africa IT Asset Disposition market, By Asset Type
- Middle East & Africa IT Asset Disposition market, By Asset Type
- North America
IT Asset Disposition Market Dynamics
Driver: Growing E-Waste Volumes And Rising Awareness About Environmental Protection
Inefficient management of e-waste or inappropriate practices of handling e-waste often lead to piling of e-waste and can potentially pollute the environment and habitats, harm humans, and endanger wildlife. E-waste volumes show no signs of abating as advances in technology are driving the demand for the latest electronic devices and IT assets. But the capacity to dispose or recycle e-waste is critically falling short. As a result, the rising volumes of e-waste have become a global concern. United Nations University’s Global E-waste Monitor 2020 revealed that a record 53.6 million metric tonnes (Mt) of e-waste was generated globally in 2019, rising 21% in mere 5 years, and foresaw the global e-waste reaching 74 Mt by 2030.
Driver: Rising Adoption of Cloud-Based Technologies In The Wake Of The Outbreak Of The COVID-19 Pandemic
The growing awareness about the benefits of cloud-based computing, and the continued migration from on-premise to cloud-based services is emerging as a major driver of the growth of the IT disposition market. According to GVR study, the cloud computing market, which was valued at USD 274.79 billion in 2020 and is expected to reach USD 869.04 billion by 2025. Enterprises opting to move away from on-premise to cloud-based services need to ensure appropriate disposal and data sanitization of the IT assets, such as storage devices and servers, along with other peripherals and support infrastructure, including networking gear, cables, uninterruptable power sources (UPS), physical security systems, and environmental controls, used on-premises. Hence, these enterprises are increasingly approaching IT Asset Disposition (ITAD) service providers to dispose of their unwanted or obsolete IT equipment in an ecologically responsible and secure manner.
Restraint: High Service Costs
The costs related to IT asset disposition services are extremely high, which is hindering its adoption. ITAD procedures are carried out by skilled professional companies who possess adequate knowledge of the disposal of IT assets in an appropriate manner. These professionals charge a substantial amount for their services, which proves to be unaffordable for several firms. Several organizations delay or refuse the implementation of ITAD services owing to their high costs.According to TechTarget/Iron Mountain survey, almost half of all organizations do not have a proper IT asset disposition program, and about 37% of the respondents from the survey acknowledged that they have suspended the implementation due to the high service cost associated with the setting up of a disposal program. Several companies do not possess a specific financial plan for IT asset disposition due to limited funds. As a result, the assets get disposed of in an inappropriate way, thus affecting the environment negatively. These factors also are anticipated to curb the adoption of the IT asset disposition in the future.
What Does This Report Include?
This section will provide insights into the contents included in this IT asset disposition market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
IT asset disposition market qualitative analysis
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Industry overview
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Industry trends
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Market drivers and restraints
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Market size
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Growth prospects
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Porter’s analysis
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PESTEL analysis
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Key market opportunities prioritized
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Competitive landscape
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Company overview
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Financial performance
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Product benchmarking
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Latest strategic developments
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IT asset disposition market quantitative analysis
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Market size, estimates, and forecast from 2018 to 2030
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Market estimates and forecast for product segments up to 2030
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Regional market size and forecast for product segments up to 2030
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Market estimates and forecast for application segments up to 2030
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Regional market size and forecast for application segments up to 2030
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Company financial performance
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