The author of the report analyzed that the global data center IT asset disposition market accounted for US$ 12,249.22 million in 2017. IT asset disposition (ITAD) is the business built around setting of outdated or unwanted equipment in a safe and ecologically-responsible way. Organizations with old equipment, face confusion with the decisions of whether to renovate, resell, recycle or dispose the business equipment. If IT asset disposition is avoided for too long, it becomes a huge problem, as it takes up space, increases company’s risk.
Data center IT asset disposition market is in the development phase with high prosperous future, owing to the common use of electronic devices that require proper disposal so as to preserve the environment. There lies immense opportunities for the players operating in the market, with the majority of them implementing aggressive remarketing strategies to endeavor level clients and concentrating on their yield of remarketed products sold.
For example, CCS providers, such as Facebook Inc., Microsoft Corporation, Google Inc., Amazon Web Services Inc., and Apple Inc. have used ITAD programs and processes to dispose discarded assets with a specific end goal to productively deal with their unusable IT resources.
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Increasing adoption of advanced technologies such as cloud computing, big data analytics are reducing the lifespan of IT equipment. As the adoption of cloud services around the world is increasing, the responsible disposition and management of rejected assets is gaining significance.
The rising importance to manage safe and orderly retirement along with expanding data security, regulatory and environmental concerns, is driving the growth of ITAD industry. ITAD disposes obsolete and unwanted equipment in a responsible and ecologically safe manner.
Computer/Laptops asset type is estimated to grow at a significant rate during the 2018-2026.
The IT asset disposition market, based on asset type, has been divided into computer/laptops, servers, mobile devices, storage devices. Computer/Laptops segment is leading the asset type market.
This is due to the fact that, every division in an organization is dependent upon personal computers and laptops.
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North America is anticipated to hold a significant share of the global market.
The North America data center IT asset disposition market is anticipated to account for the largest share with maximum demand from the United States. This is due to the fact that, there are more technological advances in North American regions as compared to other regions.
Moreover, there are many emerging companies, which are offering ITAD services to government agencies.
Consolidated Market for IT Asset Disposition with a Few Top Players Accounting for a Major Market Share
Some of the significant players functioning in the global data center IT asset disposition market include IBM Corporation, Arrow Electronics, Hewlett-Packard Company, Dell Inc., Sims Recycling Solutions, Inc., LifeSpan International Inc., Apto Solution, Inc., ITrenew Inc., CloudBlue Technologies, Inc., TBS Industries, Iron Mountain Inc., among others. In November 2017, Iron Mountain included Secure eWaste and IT Asset Disposition (SITAD) services to its U.S. General Services Administration (GSA) Schedule 36.
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Global Data Center IT Asset Disposition Market - By Service
De-Manufacturing and Recycling
Remarketing and Value Recovery
Data Destruction/Data Sanitization
Logistics Management and Reverse Logistics
On-Site Equipment Audit Solution
Online Clients’ Portal
Global Data Center IT Asset Disposition Market - By Asset Type
Global Data Center IT Asset Disposition Market - By Organization Size
SOHO and Medium Enterprises
Global Data Center IT Asset Disposition Market - By End user
Banking, Financial Service, and Insurance (BFSI)
IT and Telecom
Aerospace and Defense
Public Sector and Government offices
Media and Entertainment
Energy and Utility
Construction and Real Estate
Logistics and Transportation
Global Data Center IT Asset Disposition Market - By Region
Middle East and Africa
The report covers exhaustive analysis on:
- Data Center IT Asset Disposition Market segments
- Data Center IT Asset Disposition Market dynamics
- Passive Optical Network size & forecast 2018 to 2026
- Ecosystem analysis
- Data Center IT Asset Disposition Market current trends/issues/challenges
- Competition & Companies involved technology
- Value Chain
- Data Center IT Asset Disposition Market drivers and restraints
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