IT Asset Disposition (ITAD) Market size to Grow by USD 7.45 bn | Technavio

NEW YORK, March 15, 2022 /PRNewswire/ — The IT asset disposition (ITAD) market is expected to grow by USD 7.45 bn from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 7.90% during the forecast period.

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IT Asset Disposition (ITAD) Market: Driver

The growing implementation of regulatory compliances with regard to data security is driving the IT asset disposition (ITAD) market growth. Companies across the world should have processes in place to ensure that personally identifiable information is always protected. The new EU General Data Protection Regulation (GDPR) legislation that was implemented in May 2018 sets guidelines for the collection and processing of personal information from individuals living in the European Union to ensure the integrity and confidentiality of data of organizations as well as individuals. Therefore, the growing need to comply with regulations by companies is expected to drive the growth of the market in focus during the forecast period.

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IT Asset Disposition (ITAD) Market: Some Key Vendors and their Offerings

• 3 Step IT Group Oy – The company offers IT asset disposition service with benefits such as security, reduced costs, and increased satisfaction.
• Apto Solutions Inc. – The company offers IT asset disposition services such as data destruction services, value recovery services, and recycling services.
• CompuCom Systems Inc. –  The company offers IT asset disposition service with benefits such as remote connectivity and security, high efficiency, and is environmentally friendly.
• Dell Technologies Inc. – The company offers IT asset recovery services with benefits such as security to sensitive data and reduced e-waste to realize sustainability goals.
• Hewlett Packard Enterprise Co. – The company offers IT asset disposition solutions such as asset upcycling services, virtual warehousing, and data center consolidation.

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IT Asset Disposition (ITAD) Market: Segmentation Analysis

By type, the market has been segmented into computers, mobile devices, and others. The computers segment will have significant market share growth during the forecast period. The increasing demand for computers and laptops, owing to the rising adoption of multifunctional devices and the growing trend of BYOD, is expected to increase the demand for ITAD services during the forecast period. In addition, increasing internet penetration, rising disposable income of consumers, as well as the availability of low-cost laptops and computers across the world, have driven the demand for laptops and computers.

By geography, the market has been segmented into North America, Europe, APAC, South America, and MEA. North America will have significant market share growth during the forecast period. The adoption of new technologies will drive the IT asset disposition (ITAD) market growth in North America during the forecast period.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 – 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• Computers – Market size and forecast 2021-2026
• Mobile devices – Market size and forecast 2021-2026
• Others – Market size and forecast 2021-2026
• Market opportunity by Type

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America – Market size and forecast 2021-2026
• Europe – Market size and forecast 2021-2026
• APAC – Market size and forecast 2021-2026
• South America – Market size and forecast 2021-2026
• MEA – Market size and forecast 2021-2026
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 3 Step IT Group Oy
• Apto Solutions Inc.
• CompuCom Systems Inc.
• Dell Technologies Inc.
• Hewlett Packard Enterprise Co.
• International Business Machines Corp.
• Iron Mountain Inc.
• LifeSpan International Inc.
• TES (Singapore) Pte Ltd.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Technavio

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