Cloud Computing Data Center It Asset Disposition Market: Pin-Point Analysis For Changing Competitive Dynamics

With the increasing adoption of cloud services across the world, the need for proper management and the disposition of rejected IT assets has witnessed a considerable rise in the recent times. The efficient and secure elimination as well as recycling of discarded information provided by cloud data center IT asset disposition (ITAD) solutions is leading to their increased employment in enterprises.

According to TMR, the global cloud data center ITAD stood at US$3.5 bn in 2015. The steady rise in the ITAD uptake and the revenue generated by these solutions is likely to boost the market’s opportunity to reach US$4.6 bn by 2020.

Obtain Report Details @

https://www.transparencymarketresearch.com/cloud-computing-data-center-it-asset-disposition-market.html

Rising Preference for Secure Elimination of Data in Enterprises Creates Need for Data Sanitization

Data sanitization has emerged as the highest demanded ITAD solution among all in the recent times. In 2015, the segment generated a revenue of US$1.4 bn, which is likely to reach US$1.9 bn by 2020, expanding at a CAGR of 6.40% between 2016 and 2020.

The rising preference for secure elimination of data in enterprises has created a substantial need for data sanitization in order to protect confidential information while disposing of storage assets, which is projected to increase significantly in the coming years.

As enterprises are increasingly opting for recovery services in order to maximize the revenue generated from old and discarded IT assets, the demand for asset recovery solutions is expected to augment remarkably in the near future. The segment is projected to rise at a CAGR of 6.30% during the period from 2016 to 2020, emerging second in the overall market by 2020.

Need for Secure Disposition of Discarded IT Assets Boosts North America’s Demand for ITAD Solutions

The global market for cloud computing data center ITAD spreads across North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Currently, North America dominates this market on account of the increased need for secure disposition of discarded IT assets, collected due to the frequent upgradation of technologies in this region.

In 2015, the opportunity in this market stood at US$1.3 bn in terms of revenue. Expanding at a CAGR of 5.90% during the period from 2016 to 2020, the market is expected to reach US$1.74 Bn by the end of 2020.

Request Sample @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12443

The augmented reliance on outsourced data hosting and processing, propelled by the increasing number of multi-tenant data centers (MTDC) in this region, is projected to boost the adoption of ITAD solution significantly in North America over the next few years.

Asia Pacific has also been projected to register a steady rise in the adoption of ITAD and cloud data centers in view of the ongoing surge in the cloud computing industry and increased uptake of cloud services in this region. The increasing investments by cloud service providers in this region add substantially to the cause.

Asset Management Ireland Ltd., Iron Mountain Recycling LLC, CloudBlue Technologies Inc., eRecoEMEA Corp. Ltd., Apto Solutions, Arrow Electronics Inc., es-Amm, Sims Recycling, ITRenew Inc. are the major cloud computing data center ITAD solution providers across the world.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.