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Global IT Asset Disposition (ITAD) Industry

Global IT Asset Disposition (ITAD) Industry

  • April 2021
  • 330 pages
  • ID: 5798957
  • Format: PDF
  • Global Industry Analysts


Table of Contents


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We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

- COVID-19 is a Lesson in Safeguarding the Environment. ITAD to Reach $20.7 Billion by 2027
- The global market for IT Asset Disposition (ITAD) is projected to reach US$20.7 billion by the year 2027, trailing a CAGR of 8.6% over the analysis period 2020 to 2027.COVID-19 pandemic has taught humanity a lesson on the importance of safeguarding the environment and tackling climate change before it is too late. A world emerging wiser from the pandemic in the coming years will step up investments in environmental protection and sustainability technologies. COVID-19 outbreak has several links to the worsening global environmental problems. The pandemic has also highlighted the unpreparedness of the healthcare system to handle a public health crisis. The crisis has underlined the inadequacy of current policies to protect wildlife & the environment. Strong focus in the coming years will be shed on IT Asset Disposition (ITAD) to prevent e-waste from emerging into the next big environmental & health crisis. eWaste management will attract billions of dollars in proactive investments geared to protect the environment from future crisis.
- ITAD is focused on disposal of unwanted, worn-out, and obsolete information technology (IT) equipment in a safe and ecologically-responsible manner. Modern enterprises usually have a heavy replacement cycle of IT equipment and are regularly faced with decisions pertaining to whether resell, refurbish, dispose or recycle their worn out old business equipment. For such enterprises, ITAD vendors extend support in streamlining the IT asset disposition process, while maximizing the recouping of losses and reducing the costs. A host of factors are expected to boost the prospects for ITAD services market in the coming years. ITAD services market typically stands to gain from massive installed base of IT systems such as computers and servers; growing adoption of advanced technologies and concepts such as cloud computing and BYOD; fast evolving role of IoT; and shift towards Industry 4.0 & ’Smart Factory’ environments. At the same time, factors such as environmental concerns and regulatory issues pertaining to IT assets disposal, and data security regulations such as GDPR will have a strong bearing on future growth of the ITAD services market. In post COVID-19 period, enterprises will be more willing to leverage ITAD services such as recovery, recycling, data destruction or data sanitization, to manage the waste disposal, restrict the risk of data loss, and the subsequent financial losses, thus giving impetus to ITAD services market. Rising demand for refurbished/used IT equipment and rapidly evolving data security concerns with discarded IT equipment, also favor long-term growth in the ITAD services market.
- Data destruction and data sanitization remain highly relevant service segments within the ITAD services market. There have been noteworthy developments in data destruction and data sanitization domains in recent years, some of which include new standards for media sanitization, emergence of diverse data storage devices, dedicated sanitized commands for data destruction, adoption of cryptographic erase method, and relevance of one-pass overwrite. Rapid technological advancements and diversification of data storage devices have made it extremely complicated for a single standard to cover all aspects. The issue is responsible for replacement of DoD 5220.22-M standard related to disk-wiping algorithms with NIST SP 800.88. The document covers three forms of media sanitization including purge, clean and destroy as well offers minimum guidelines and specifications for individual media sanitization categories and storage devices. The industry is witnessing availability of diverse forms of data storage devices along with extension of capacities for traditional options such as magnetic hard drives. Despite the opportunities for growth, lack of recycling infrastructure, proper regulatory policies, low level of awareness across several developing and underdeveloped regions, and inadequate number of e-waste collection centers will remain major challenges to growth. Furthermore, low recycling rate, lack of proper incentive policies, and high cost of e-waste management are limiting the growth rate in developing and underdeveloped regions. Moreover, factors like uncontrolled dismantling, disposal and burning of electronic waste are likely to adversely affect the market. Some of the other prominent challenges include compliance with local, state and federal legislations, data security, management of logistics and auditing & management of downstream processors and e-waste recyclers.

- Select Competitors (Total 74 Featured) -
  • Apto Solutions, Inc.
  • Asset Management Ireland Ltd.
  • Dell Technologies
  • EOL IT Services Ltd.
  • Exit Technologies
  • Gigacycle Ltd.
  • GreenTek Reman Pvt. Ltd.
  • Hewlett-Packard Enterprise
  • IBM Corporation
  • ICEX Ltd.
  • Ingram Micro
  • Iron Mountain Incorporated
  • ITRenew, Inc.
  • LifeSpan International, Inc.
  • Maxicom Inc.
  • MultiTek, LLC
  • Sims Recycling Solutions, Inc.
  • TBS Industries Inc.
  • Tes-Amm India Pvt. Ltd.
  • Tes-Amm Singapore Pte Ltd.
  • Wisetek Solutions, Inc.

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