IT Asset Disposition Market Report 2025

The IT asset disposition market size has grown strongly in recent years. It will grow from $19.13 billion in 2024 to $20.66 billion in 2025 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to asset value recovery, emerging market demand, obsolete equipment handling, consumer electronics turnover, globalization and supply chain management.

The IT asset disposition market size is expected to see rapid growth in the next few years. It will grow to $31.89 billion in 2029 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to data center decommissioning, asset recovery and value maximization, consumer awareness and e-waste management, end-of-life IT hardware upgrades, globalization of ITAD services. Major trends in the forecast period include environmental regulations, circular economy initiatives, remote workforce trends, IT hardware upgrades.

The proliferation of electronic device usage is projected to drive the IT asset disposition market ahead. The COVID-19 pandemic and subsequent lockdowns have notably influenced contemporary lifestyles, leading to increased reliance on electronic equipment for business, education, and leisure. These devices are designed to manage electrical currents for information processing and system control. IT asset disposition plays a crucial role in securing business data and appropriately managing the decommissioning and disposal of diverse electronic devices. For instance, LG, a South Korea-based consumer electronics company, reported record-breaking sales exceeding $60 billion in 2022, marking a 12.9% surge from 2021. This upswing highlights the surging adoption of electronic devices, subsequently driving the IT asset disposition market.

The rising adoption of cloud-based solutions is projected to drive the growth of the IT asset disposition (ITAD) market in the coming years. Cloud adoption involves strategically leveraging cloud technologies to enhance business operations, improve scalability, reduce costs, and mitigate risks. This process includes transitioning from on-premises infrastructure to the cloud or integrating cloud solutions with existing systems. Cloud-based IT asset disposition refers to the secure retirement of IT assets from active service through decommissioning and subsequent disposal, all managed via cloud-based platforms. These solutions provide various advantages, such as centralized management of IT assets, real-time tracking of disposition activities, and secure data destruction. For example, a report published by Google Cloud in September 2022 revealed that the use of multiple public clouds rose by 26% in 2022, up from 21% in 2021. Additionally, the utilization of hybrid cloud solutions also increased significantly, from 25% in 2021 to 42.5% in 2022. Consequently, the growing adoption of cloud-based solutions is driving the expansion of the IT asset disposition market.

Strategic partnerships are emerging as a significant trend in the IT asset disposition (ITAD) market. Major players are forming alliances to strengthen their positions within the industry. For example, in October 2023, Dynamic Lifecycle Innovations, a US-based provider of IT asset disposition services, collaborated with TD Synnex, a US-based software publishing company, to deliver ITAD services. This partnership aims to provide secure, sustainable, and compliant solutions for IT asset disposal, data security, and recycling. By joining forces, they offer businesses a more holistic approach to managing end-of-life IT assets, emphasizing environmental responsibility and data protection. This collaboration enables both companies to enhance their ITAD service capabilities and explore new opportunities in the expanding market.

Key industry players in the IT asset disposition market are focused on introducing innovative tools like real-time environmental impact reporting tools to gain competitive advantages. These tools furnish real-time data tailored for ESG (environmental, social, and governance) reporting. Apto Solutions, a US-based IT asset disposition service provider, launched its Environmental Impact Reporting Tool in June 2022. This tool, integrated into their Pulse platform, offers real-time emissions data, empowering clients to demonstrate their ITAD initiatives' positive environmental effects in ESG reports.

In January 2022, Iron Mountain Incorporated, a renowned US information management entity, completed the acquisition of ITRenew, an undisclosed transaction. This strategic move signifies a significant development within Iron Mountain's global IT asset lifecycle management division, now powered by ITRenew's platform. This acquisition substantially bolsters the company's capabilities, enabling comprehensive services across corporate end-user devices, corporate data centers, and hyper-scale segments. ITRenew, a US-based company specializing in IT asset disposition services, is now part of Iron Mountain's expanded portfolio.

Major companies operating in the IT asset disposition market are Dell Technologies Inc., Hewlett Packard Enterprise Company, International Business Machines Corporation, Sims Limited, Iron Mountain Incorporated, Tes-Amm India Private Limited, Apto Solutions Inc., LifeSpan International Inc., Arrow Electronics Inc., EOL IT Services LLC, Exit Technologies Inc., GreenTek Teman Pvt Ltd, Maxicom Network Inc., TBS Industries Inc., CloudBlue Technologies Inc., CompuCycle USA LLC, EPC Inc., Electronic Recyclers International Inc., Excess Logic LLC, Insight Enterprises Inc., IT Liquidators LLC, IT Renew Inc., ITAD Solutions LLC, Liquid Technology Inc., NextUse LLC, PlanITROI Inc., Procurri LLC, Redemtech Inc., Stone Environmental Inc.

Asia-Pacific was the largest region in the IT asset disposition market in 2024. The regions covered in the it asset disposition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the it asset disposition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

IT asset disposition (ITAD) constitutes a specialized practice focused on managing technological assets, including laptops, desktops, tablets, enterprise equipment, data center cloud devices, and smartphones. This facet is a crucial part of comprehensive IT asset management. Organizations leverage ITAD to appropriately decommission, dispose of, or repurpose unwanted IT hardware and electronic devices, aiming to prevent adverse environmental, financial, and reputational impacts.

The primary services within IT asset disposition encompass de-manufacturing and recycling, remarketing and value recovery, data destruction or sanitation, logistics management including reverse logistics, alongside additional services like on-site audit solutions and client-centric online portals. De-manufacturing services involve dismantling gadgets to recycle every usable component. It's a recycling method aimed at disassembling objects to retrieve maximum recyclable material. Assets in IT asset disposition include computers, laptops, servers, mobile devices, storage devices, and peripherals utilized across various business verticals such as BFSI, IT and telecom, education, healthcare, aerospace and defense, public sector, manufacturing, media and entertainment, and other sectors.

The IT asset disposition market research report is one of a series of new reports that provides IT asset disposition market statistics, including IT asset disposition industry global market size, regional shares, competitors with a IT asset disposition market share, detailed IT asset disposition market segments, market trends and opportunities, and any further data you may need to thrive in the IT asset disposition industry. This IT asset disposition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The IT asset disposition market includes revenues earned by entities by destruction of data, reverse logistics, remarketing, value recovery, de-manufacturing and recycling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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