Authored By: Sarah
22 Dec 2022

IT Asset Disposition (ITAD) Market Analysis 2023-2027: Increasing Number of Strategic Partnerships and Acquisitions will Fuel the Market Growth 

The IT asset disposition (ITAD) market is segmented by type (computers, mobile devices, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The increasing number of strategic partnerships and acquisitions are the major IT asset disposition (ITAD) market trend which will positively influence the market value. 

IT Asset Disposition (ITAD) Market Outlook 2027 

  • The IT asset disposition (ITAD) market share will value over USD 7.46 billion by 2027 

  • It is estimated to expand at a CAGR of 6.84% from 2022 to 2027 

  • The IT asset disposition (ITAD) market size will witness a YOY growth rate of 7.99% in 2023 

Get a peek into the IT Asset Disposition (ITAD) Market Analysis Report 2023-2027. Unlock the Sample Report 

IT Asset Disposition (ITAD) Market Analysis 2023-2027: Increasing Number of Strategic Partnerships and Acquisitions will Fuel the Market Growth 

Increasing Number of Strategic Partnerships and Acquisitions will Fuel the Market Growth  

Vendors in the market are adopting strategies such as mergers and acquisitions, partnerships, and collaborations to expand their global presence and gain a competitive advantage. Partners to acquire RSA, which provides integrated risk management, threat detection, and response. Thus, the increase in the number of strategic partnerships will drive the global IT asset disposition (ITAD) market vendors during the forecast period. 

Growing Need for Regulatory Compliance with Regard to Data Security Standards to Drive Market Growth 

Data privacy regulations have changed the way that companies, organizations, and governments can dispose of their unwanted equipment. Many companies do not have the strong market position that is required to address the implementation of these regulations. Therefore, the growing need for IT companies to comply with regulations is expected to drive the growth of the market in focus during the forecast period.

IT Asset Disposition (ITAD) Market Vendors 

Some of the major IT asset disposition (ITAD) market vendors are: 

  • 3 Step IT Group Oy
  • Blancco Technology Plc
  • BRP Infotech Pvt. Ltd.
  • CompuCom Systems Inc.
  • DataSpan Inc.
  • Dell Technologies Inc.
  • EOL IT Services Ltd.
  • Hewlett Packard Enterprise Co.
  • Ingram Micro Inc.
  • International Business Machines Corp.
  • Iron Mountain Inc.
  • LifeSpan International Inc.
  • Ocean Enterprises LLC
  • Renewtech
  • Sims Lifecycle Services Inc.
  • TBS Industries Inc.
  • TES Singapore Pte Ltd.
  • Total IT Global
  • Xeptor BV

Technavio's research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. Download the Free PDF Sample Report 

Key Takeaways 

  • The low awareness of ITAD are the major hindrance for market players 

  • The IT asset disposition (ITAD) market structure is fragmented in nature. 

  • 33% of IT asset disposition (ITAD) market growth will develop from North America. 

  • The market growth by the computers will be significant during 2023-2027.

Read News Read Less
Interested in this report?
Get your sample now!
Technavio