IT Asset Disposition (ITAD) Market Size, Current Insights and Development Trends 2023 | Top Key Players, Production Capacity Estimates, Competitive and SWOT Analysis till 2031

IT Asset Disposition (ITAD) Market
IT asset disposition (ITAD) is the business built around disposing of obsolete or unwanted equipment in a safe and ecologically-responsible manner. ITAD vendors specialize in the process of streamlining disposition of IT assets, while minimizing costs and maximizing recouping of losses. Businesses have a heavy replacement cycle of IT equipment. Enterprises with worn out old equipment are faced regularly with decisions of whether to refurbish or resell, recycle or dispose of business equipment.This report focuses on global and United States IT Asset Disposition (ITAD) market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global IT Asset Disposition (ITAD) market size is estimated to be worth USD 10140 million in 2022 and is forecast to a readjusted size of USD 17580 million by 2028 with a CAGR of 9.6% during the review period. North America is expected to lead the global ITAD market, followed by Europe and Asia-Pacific.The North American market is expected to grow significantly due to significant growth in the I industry.The region is expected to remain the largest T asset disposal (ITAD) market for the next few years.Another factor is strict government policies that encourage organizations to adopt the means to safely and properly dispose of their assets.Europe is the second largest ITAD market in the world.Data security and regulation are supporting growth in the ITAD market in Europe.Countries such as Germany, France and the UK have already shown significant demand for ITAD services.IT Asset Disposition (ITAD) market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global IT Asset Disposition (ITAD) market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in IT Asset Disposition (ITAD) Market are:
- Arrow Electronics Inc.
- Sims Recycling Ltd.
- IBM
- HPE
- Atlantix Global Systems
- Iron Mountain Incorporated.
- GEEP
- Dell Inc.
- ITRenew Inc.
- Apto Solutions Inc.
- CloudBlue
- Dataserv
- TES-AMM Pte Ltd.
- LifeSpan International Inc.
Market Segment by Type:
- De-Manufacturing and Recycling
- Remarketing and Value Recovery
- Data Destruction/Data Sanitization
Market Segment by Application:
- BFSI
- Government & Public
- IT & Telecom
- Aerospace & Defense
- Healthcare
- Media and Media and Entertainment
- Other
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