It Asset Disposition Itad Market
IT Asset Disposition (ITAD) Market Forecasts to 2028 – Global Analysis By Asset Type (Computers/Laptops, Hardware, Mobile Devices), End User (Aerospace, Data Centers, Government Offices) and By Geography
According to Stratistics MRC, the Global IT Asset Disposition (ITAD) Market is accounted for $13.44 billion in 2020 and is expected to reach $28.60 billion by 2028 growing at a CAGR of 9.9% during the forecast period. The growing implementation of regulatory compliances and environment safety and surging adoption of new technologies are the factors driving the market growth. However, the low awareness and high service costs are hampering the market growth.
IT asset disposition, commonly known as ITAD, can be defined as the process of re-using or recycling IT equipment. The ITAD process involves data destruction, reusable parts harvesting as well as repair of equipment. ITAD vendors specialize in the process of streamlining disposition of IT assets, while minimizing costs and maximizing recouping of losses.
Based on the end user, the information technology (IT) & telecom segment is going to have lucrative growth during the forecast period due to the rising requirement of advanced technology are reducing the lifespan of IT assets equipment in the IT industry is creating the need for IT asset disposition service.
By geography, Asia Pacific is going to have high growth during the forecast period due to the formulation of regulatory compliances for the proper disposal of IT assets and to safeguard the environment from the risky components of retired IT assets.
Some of the key players profiled in the IT Asset Disposition (ITAD) Market include Apto Solutions, Inc, Arrow Electronics, CloudBlue, Dell, EOL IT Services, Exit Technologies, GreenTek Teman Pvt Ltd, HP, IBM Corporations, Iron Mountain Incorporated, ITRenew, Maxicom Network Inc, Sims Recycling Solutions. Inc, TBS Industries Inc , and Tes-Amm India Private Limited .
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Report Coverage |
Details |
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Published Year: |
2021 |
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Estimated Market Size in 2020: |
USD 13.44 billion |
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Estimated Period: |
2020 |
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Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
9.9% |
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Predicted 2028 Value: |
USD 28.60 billion |
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Forecast Years: |
2021-2028 |
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Tables, Graphs& Figures |
324 |
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Chapters Covered: |
Asset Type, Program Span, Organization Size, Service, End User, Sales Channel and Region |
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Core Drivers and Opportunities: |
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Restraining Factors & Market Threats: |
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Asset Types Covered:
• Computers/Laptops
• Desktops
• Hardware
• Mobile Devices
• Servers
• Smartphones & Tablets
• Storage Devices
• Peripherals
Program Spans Covered:
• 1-2 Years
• 2-5 Years
• Over 5 Years
Organization Sizes Covered:
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
Services Covered:
• Asset Tracking
• De-Manufacturing and Recycling
• Remarketing and Value Recovery
• Data Destruction/Data Sanitization
• Logistics Management and Reverse Logistics
• Remarking
• Other Services
End Users Covered:
• Aerospace and Defense
• Automotive
• Banking, Financial Services, and Insurance (BFSI)
• Chemical
• Data Centers
• Educational Institutions
• Food & Beverages
• Government Offices & Public
• Information Technology (IT) & Telecom
• Manufacturing
• Media and Entertainment
• Medical/Healthcare Industry
• Oil & Gas
• Pharmaceutical
• Other End Users
Sales Channels Covered:
• Direct Sales
• Distributor
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global IT Asset Disposition (ITAD) Market is majorly driven by increasing inclination toward development of energy-efficient products, rising need for data and information security in old assets, and surging adoption of new technologies and BYOD trend.
The mobile devices segment is growing at a highest CAGR due to the growing number of tablets and smartphones for work under the growing popularity of BYOD.
Asia Pacific dominated with a significant market share due to the existence of tech giants in the region and increased investments in R&D by countries of India, China, and Japan.
North America market is growing at a highest CAGR due to the presence of giant companies and adoption of cloud-based technologies in the region.
Key players in IT Asset Disposition (ITAD) Market include Apto Solutions, Inc, Arrow Electronics, CloudBlue, Dell, EOL IT Services, Exit Technologies, GreenTek Teman Pvt Ltd, HP, IBM Corporations, Iron Mountain Incorporated, ITRenew, Maxicom Network Inc, Sims Recycling Solutions. Inc, TBS Industries Inc , and Tes-Amm India Private Limited.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global IT Asset Disposition (ITAD) Market, By Asset Type
5.1 Introduction
5.2 Computers/Laptops
5.3 Desktops
5.4 Hardware
5.5 Mobile Devices
5.6 Servers
5.7 Smartphones & Tablets
5.8 Storage Devices
5.9 Peripherals
5.9.1 Network and Input/Output (I/O) Devices
5.9.2 Networking Devices/Equipment
6 Global IT Asset Disposition (ITAD) Market, By Program Span
6.1 Introduction
6.2 1-2 Years
6.3 2-5 Years
6.4 Over 5 Years
7 Global IT Asset Disposition (ITAD) Market, By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-sized Enterprises (SMEs)
8 Global IT Asset Disposition (ITAD) Market, By Service
8.1 Introduction
8.2 Asset Tracking
8.3 De-Manufacturing and Recycling
8.4 Remarketing and Value Recovery
8.5 Data Destruction/Data Sanitization
8.5.1 Off-site Data Destruction
8.5.2 On-site Data Destruction
8.6 Logistics Management and Reverse Logistics
8.7 Remarking
8.8 Other Services
8.8.1 Online Client’s Portal
8.8.2 On-Site Equipment Audit Solution
9 Global IT Asset Disposition (ITAD) Market, By End User
9.1 Introduction
9.2 Aerospace and Defense
9.3 Automotive
9.4 Banking, Financial Services, and Insurance (BFSI)
9.5 Chemical
9.6 Data Centers
9.7 Educational Institutions
9.8 Food & Beverages
9.9 Government Offices & Public
9.10 Information Technology (IT) & Telecom
9.11 Manufacturing
9.12 Media and Entertainment
9.13 Medical/Healthcare Industry
9.14 Oil & Gas
9.15 Pharmaceutical
9.16 Other End Users
9.16.1 Construction and Real Estate
9.16.2 Energy and Utility
9.16.3 Logistics and Transportation
10 Global IT Asset Disposition (ITAD) Market, By Sales Channel
10.1 Introduction
10.2 Direct Sales
10.3 Distributor
11 Global IT Asset Disposition (ITAD) Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Apto Solutions, Inc
13.2 Arrow Electronics
13.3 CloudBlue
13.4 Dell
13.5 EOL IT Services
13.6 Exit Technologies
13.7 GreenTek Teman Pvt Ltd
13.8 HP
13.9 IBM Corporations
13.10 Iron Mountain Incorporated
13.11 ITRenew
13.12 Maxicom Network Inc
13.13 Sims Recycling Solutions. Inc
13.14 TBS Industries Inc
13.15 Tes-Amm India Private Limited
List of Data Tables
1 Global IT Asset Disposition (ITAD) Market Outlook, By Region (2019-2028) ($MN)
2 Global IT Asset Disposition (ITAD) Market Outlook, By Asset Type (2019-2028) ($MN)
3 Global IT Asset Disposition (ITAD) Market Outlook, By Computers/Laptops (2019-2028) ($MN)
4 Global IT Asset Disposition (ITAD) Market Outlook, By Desktops (2019-2028) ($MN)
5 Global IT Asset Disposition (ITAD) Market Outlook, By Hardware (2019-2028) ($MN)
6 Global IT Asset Disposition (ITAD) Market Outlook, By Mobile Devices (2019-2028) ($MN)
7 Global IT Asset Disposition (ITAD) Market Outlook, By Servers (2019-2028) ($MN)
8 Global IT Asset Disposition (ITAD) Market Outlook, By Smartphones & Tablets (2019-2028) ($MN)
9 Global IT Asset Disposition (ITAD) Market Outlook, By Storage Devices (2019-2028) ($MN)
10 Global IT Asset Disposition (ITAD) Market Outlook, By Peripherals (2019-2028) ($MN)
11 Global IT Asset Disposition (ITAD) Market Outlook, By Network and Input/Output (I/O) Devices (2019-2028) ($MN)
12 Global IT Asset Disposition (ITAD) Market Outlook, By Networking Devices/Equipment (2019-2028) ($MN)
13 Global IT Asset Disposition (ITAD) Market Outlook, By Program Span (2019-2028) ($MN)
14 Global IT Asset Disposition (ITAD) Market Outlook, By 1-2 Years (2019-2028) ($MN)
15 Global IT Asset Disposition (ITAD) Market Outlook, By 2-5 Years (2019-2028) ($MN)
16 Global IT Asset Disposition (ITAD) Market Outlook, By Over 5 Years (2019-2028) ($MN)
17 Global IT Asset Disposition (ITAD) Market Outlook, By Organization Size (2019-2028) ($MN)
18 Global IT Asset Disposition (ITAD) Market Outlook, By Large Enterprises (2019-2028) ($MN)
19 Global IT Asset Disposition (ITAD) Market Outlook, By Small and Medium-sized Enterprises (SMEs) (2019-2028) ($MN)
20 Global IT Asset Disposition (ITAD) Market Outlook, By Service (2019-2028) ($MN)
21 Global IT Asset Disposition (ITAD) Market Outlook, By Asset Tracking (2019-2028) ($MN)
22 Global IT Asset Disposition (ITAD) Market Outlook, By De-Manufacturing and Recycling (2019-2028) ($MN)
23 Global IT Asset Disposition (ITAD) Market Outlook, By Remarketing and Value Recovery (2019-2028) ($MN)
24 Global IT Asset Disposition (ITAD) Market Outlook, By Data Destruction/Data Sanitization (2019-2028) ($MN)
25 Global IT Asset Disposition (ITAD) Market Outlook, By Off-site Data Destruction (2019-2028) ($MN)
26 Global IT Asset Disposition (ITAD) Market Outlook, By On-site Data Destruction (2019-2028) ($MN)
27 Global IT Asset Disposition (ITAD) Market Outlook, By Logistics Management and Reverse Logistics (2019-2028) ($MN)
28 Global IT Asset Disposition (ITAD) Market Outlook, By Remarking (2019-2028) ($MN)
29 Global IT Asset Disposition (ITAD) Market Outlook, By Other Services (2019-2028) ($MN)
30 Global IT Asset Disposition (ITAD) Market Outlook, By Online Client’s Portal (2019-2028) ($MN)
31 Global IT Asset Disposition (ITAD) Market Outlook, By On-Site Equipment Audit Solution (2019-2028) ($MN)
32 Global IT Asset Disposition (ITAD) Market Outlook, By End User (2019-2028) ($MN)
33 Global IT Asset Disposition (ITAD) Market Outlook, By Aerospace and Defense (2019-2028) ($MN)
34 Global IT Asset Disposition (ITAD) Market Outlook, By Automotive (2019-2028) ($MN)
35 Global IT Asset Disposition (ITAD) Market Outlook, By Banking, Financial Services, and Insurance (BFSI) (2019-2028) ($MN)
36 Global IT Asset Disposition (ITAD) Market Outlook, By Chemical (2019-2028) ($MN)
37 Global IT Asset Disposition (ITAD) Market Outlook, By Data Centers (2019-2028) ($MN)
38 Global IT Asset Disposition (ITAD) Market Outlook, By Educational Institutions (2019-2028) ($MN)
39 Global IT Asset Disposition (ITAD) Market Outlook, By Food & Beverages (2019-2028) ($MN)
40 Global IT Asset Disposition (ITAD) Market Outlook, By Government Offices & Public (2019-2028) ($MN)
41 Global IT Asset Disposition (ITAD) Market Outlook, By Information Technology (IT) & Telecom (2019-2028) ($MN)
42 Global IT Asset Disposition (ITAD) Market Outlook, By Manufacturing (2019-2028) ($MN)
43 Global IT Asset Disposition (ITAD) Market Outlook, By Media and Entertainment (2019-2028) ($MN)
44 Global IT Asset Disposition (ITAD) Market Outlook, By Medical/Healthcare Industry (2019-2028) ($MN)
45 Global IT Asset Disposition (ITAD) Market Outlook, By Oil & Gas (2019-2028) ($MN)
46 Global IT Asset Disposition (ITAD) Market Outlook, By Pharmaceutical (2019-2028) ($MN)
47 Global IT Asset Disposition (ITAD) Market Outlook, By Other End Users (2019-2028) ($MN)
48 Global IT Asset Disposition (ITAD) Market Outlook, By Construction and Real Estate (2019-2028) ($MN)
49 Global IT Asset Disposition (ITAD) Market Outlook, By Energy and Utility (2019-2028) ($MN)
50 Global IT Asset Disposition (ITAD) Market Outlook, By Logistics and Transportation (2019-2028) ($MN)
51 Global IT Asset Disposition (ITAD) Market Outlook, By Sales Channel (2019-2028) ($MN)
52 Global IT Asset Disposition (ITAD) Market Outlook, By Direct Sales (2019-2028) ($MN)
53 Global IT Asset Disposition (ITAD) Market Outlook, By Distributor (2019-2028) ($MN)
NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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