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Explore data center IT asset disposition market is predicted to reach to US$ 18,703.42 million by 2022

IT Market Research

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 IT asset disposition (ITAD) is the business built around setting of outdated or unwanted equipment in a safe and ecologically-responsible way.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.

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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

Other Services

On-Site Equipment Audit Solution

Online Clients’ Portal

Global Data Center IT Asset Disposition Market - By Asset Type 

Computer/Laptops

Servers

Mobile Devices

Storage Devices

Peripherals

Networking Devices

I/O Devices

Global Data Center IT Asset Disposition Market - By Organization Size 

SOHO and Medium Enterprises

Large Enterprises

Global Data Center IT Asset Disposition Market - By End user 

Banking, Financial Service, and Insurance (BFSI)

IT and Telecom

Educational Institutions

Healthcare Industry

Aerospace and Defense

Public Sector and Government offices

Manufacturing

Media and Entertainment

Others

Energy and Utility

Construction and Real Estate

Logistics and Transportation

Global Data Center IT Asset Disposition Market - By Region 

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

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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