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IT Asset Disposition Market by Service, Asset Type, Organization Size, End-User, & Geography - Global Forecast to 2022

IT Asset Disposition Market: Global Forecast until 2022

  • November 2016
  • 159 pages
  • ID: 4364903
In this report:
The IT asset disposition market for large enterprises, on the basis of region, was valued at USD ##,##.## million in 2015 and is expected to reach USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period.
The market for other services including the onsite equipment audit solution and online client portal of the IT asset disposition market is expected to grow at highest CAGR of ##.##% between 2016 and 2022.

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"The IT asset disposition market is likely to grow at a compound annual growth rate (CAGR) of 9.83% during the forecast term"

The IT asset disposition market is forecasted to reach ~$20.1B by 2022, at a compound annual growth rate of ~9.8 percent during the forecast period. The increase of the market is influenced by different Elements such as the awareness among the people toward the harmful impact of e-waste generated, need for data security to protect confidential data, and the increasing number of initiatives taken by several governments to implement effective IT asset disposition processes to safeguard the environment. On the other hand, the lack of awareness, high service costs, and lack of comprehensive IT asset disposition policies are the main restraints for the increase ot the ITAD market.

"Media and entertainment industry would witness a high rise rate in terms of market size"

The sector for the media and entertainment industry is anticipated to rise at a more significant Compound annual growth rate between 2016 and 2022. The media and entertainment industry has a high increase rate for remarketing and value recovery services. Nevertheless, data destruction services hold a larger market size as a result of the nature of the sector where online and web penetration has rised the industry demand for more storage and server needs.

"Mobile devices asset type market is anticipated to grow at the maximal rate during the outlook period"

As the dependency on mobile technology has increased and the concept of BYOD is increasingly being adopted in the enterprise environment, the need for protecting sensitive data stored in devices is also increasing. Therefore, a third-party service provider is required to provide IT asset disposition services to mitigate the risks combined with mobile device security. The ITAD services which are mainly used for mobile devices are secure logistics, technology processing, data destruction, activation check, remarketing, recycling, and reporting.

Given below is the breakdown of the profile of the primary participants in terms of distinct parameters considered:

- By Company Type: Tier 1 - 18.0 percent, Tier 2 - 28.0 percent, and 1/3 3 - 54.0 percent

- By Designation: C-suite executives - 50.0 percent, Directors - 32.0 percent, and Others - 18.0 percent

- By area: Americas - 64.0 percent, EMEA - 21.0 percent, and APAC - 15.0 percent

The top players operating in this sector contain Arrow Electronics, Incorporated, Sims Recycling Solutions, TBS Sectors, CloudBlue Technology, Incorporated, TES-AMM Pte Ltd,, Dell, LifeSpan International, Incorporated, Apto Solutions, Incorporated, Iron Mountain Incorporated, Hewlett Packard Enterprise Company, ITRenew, Incorporated, and IBM (NYSE:IBM), among others.

Segment Research

In this market report, different segments including service, asset type, organization size, final user, and area have been covered. It also discusses about the drivers, industry restraints, possibilities, and opportunities pertaining to the market. The study contributes a in-depth view of the market across five main regions: North America continent, Europe (EU), Asia-Pac, Middle East (ME) and African continent, and Latin America area. The Porter's five forces analysis has been included in the analysis, together with the description of each of its forces and their impact on the said market.

Why Purchasing This Study Can Help You:

- This business report includes statistics pertaining to the IT asset disposition market based on service, asset type, organization size, end-user, and area.

- The Porter's five forces analysis, value chain study, and top strategies approved by the key market players have been provided for the IT asset disposition market.

- Main drivers, market restraints, alternatives and, opportunities for the IT asset disposition market have been provided in detail in this industry report.

- The market research includes figures of segmentation, review, and estimate for the IT asset disposition market established on its segments and sub-segments.

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