Global and United States IT Asset Disposition (ITAD) Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States IT Asset Disposition (ITAD) Market
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 US$ 10140 million in 2022 and is forecast to a readjusted size of US$ 17580 million by 2028 with a CAGR of 9.6% during the review period. Fully considering the economic change by this health crisis, by Type, De-Manufacturing and Recycling accounting for % of the IT Asset Disposition (ITAD) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, BFSI was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast 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.
Global IT Asset Disposition (ITAD) Scope and Market Size
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. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the IT Asset Disposition (ITAD) market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
De-Manufacturing and Recycling
Remarketing and Value Recovery
Data Destruction/Data Sanitization
Segment by Application
BFSI
Government & Public
IT & Telecom
Aerospace & Defense
Healthcare
Media and Media and Entertainment
Other
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
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.