Latest News- IT Asset Disposition (ITAD) Market: Computers is expected to lead the Type segment during 2025-2029

The IT Asset Disposition (ITAD) Market is being driven by Growing implementation of regulatory compliances regarding data security

The IT Asset Disposition (ITAD) Market is expected to grow at a CAGR of 11.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 16511.4 million. In the IT Asset Disposition (ITAD) market, vendors are implementing strategic business moves to expand their global reach and secure a competitive edge. Notable examples include Dell Technologies' strategic partnership with Ericsson in 2023, which combines Ericsson's Cloud RAN software and Dell's infrastructure to boost telecom network transformation, enabling operators to adopt cloud-native programmable networks and enhance service delivery. In January 2024, Apto Solutions announced a partnership with Blancco Technology Plc to bolster their data sanitization processes. This collaboration focuses on delivering advanced data erasure solutions to customers, ensuring compliance and security during IT asset disposition.

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

Type
- Computers
- Mobile devices
- Others
Industry Application
- Large organizations
- Small organizations
End-User
- De-manufacturing and Recycling
- Remarketing and Value Recovery
- Data Destruction/Data Sanitization
- Logistics Management and Reverse Logistics
- Others
Geography
- North America
  - Canada
  - Mexico
  - US
- Europe
  - Germany
  - UK
  - France
  - Italy
  - Spain
- APAC
  - China
  - India
  - Japan
  - South Korea
- South America
  - Brazil
- Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:

Growing implementation of regulatory compliances regarding data security
Growing adoption of cloud computing and BYOD trend
Growing demand for IoT devices

However, the market also witnesses some limitations, which are as follows:

Low awareness of ITAD
Lack of budget for ITAD
Data security threats in transit

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Market Scope in IT Asset Disposition (ITAD) Market Research Report

Market Scope
Report Coverage	Details
Page number	200
Base year	2024
Historic period	2019-2023
Forecast period	2025-2029
Growth momentum & CAGR	Accelerate at a CAGR of 11.5%
Market growth 2025-2029	USD 16511.4 million
Market structure	fragmentation
YoY growth 2024-2025(%)	10.2
Key countries	US, China, Germany, Canada, India, South Korea, France, Japan, Italy, Brazil, UAE, UK, Spain, Mexico, US, China, UK, Canada, Germany, Japan, India, France, Italy, and South Korea
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

IT Asset Disposition (ITAD) involves the proper handling of end-of-life IT equipment, including ITAD software solutions for streamlined processing. This encompasses electronic waste processing, data center migration, and ITAD vendor selection. Environmental impact assessments ensure responsible disposal methods, while asset lifecycle management and inventory management software optimize cost recovery. Data security protocols and secure data removal protect sensitive information. E-waste reduction strategies include recycling facility auditing, material recovery, and reuse potential assessment. Waste reduction programs and risk mitigation strategies minimize environmental impact, while compliance tracking systems and third-party vendor management ensure adherence to global ITAD standards. Data sanitization tools and environmental sustainability are crucial components of ITAD, along with cost analysis and adherence to data security protocols.

Market Research Overview

The IT Asset Disposition (ITAD) market encompasses businesses specializing in data sanitization methods, e-waste recycling processes, and secure data destruction, as well as hardware decommissioning. These services are integral to the broader global IT services market, which includes IT consulting and system integration, application services, electronic data processing, business process outsourcing, infrastructure services, and Internet services. According to Technavio, the global IT consulting and other services market size is determined by the consolidated revenue of companies providing all types of IT consulting and information management services. Key growth drivers for this market include increasing government investments in advanced IT infrastructure, the rising demand for digital transformation, and the growing trend towards outsourcing IT services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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