Press release
IT Asset Disposition Market Grows Amid Rising E-Waste Regulations and Data Security Needs
IT Asset Disposition (ITAD) Market SizeThe global market for IT Asset Disposition (ITAD) was valued at US$ 11020 million in the year 2024 and is projected to reach a revised size of US$ 20750 million by 2031, growing at a CAGR of 9.6% during the forecast period.
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North America is expected to lead the global ITAD market, followed by Europe and Asia-Pacific.
The North American market is expected to grow significantly due to significant growth in the I industry.
The region is expected to remain the largest T asset disposal (ITAD) market for the next few years.
Another factor is strict government policies that encourage organizations to adopt the means to safely and properly dispose of their assets.
Europe is the second largest ITAD market in the world.
Data security and regulation are supporting growth in the ITAD market in Europe.
Countries such as Germany, France and the UK have already shown significant demand for ITAD services.
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This report aims to provide a comprehensive presentation of the global market for IT Asset Disposition (ITAD), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IT Asset Disposition (ITAD).
The IT Asset Disposition (ITAD) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global IT Asset Disposition (ITAD) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IT Asset Disposition (ITAD) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Type
• De-Manufacturing and Recycling
• Remarketing and Value Recovery
• Data Destruction/Data Sanitization
By Application
• BFSI
• Government & Public
• IT & Telecom
• Aerospace & Defense
• Healthcare
• Media and Media and Entertainment
Key Companies
Arrow Electronics, Inc., Sims Recycling Ltd., IBM, HPE, Atlantix Global Systems, Iron Mountain Incorporated., GEEP, Dell Inc., ITRenew Inc., Apto Solutions, Inc., CloudBlue, Dataserv, TES-AMM Pte Ltd., LifeSpan International, Inc.
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