The data center IT asset disposition market size has grown strongly in recent years. It will grow from $12.42 billion in 2023 to $13.49 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The historic growth can be attributed to various factors such as the necessity to comply with regulations, the need to address technology obsolescence, concerns surrounding data security, cost reduction efforts, and an increasing emphasis on environmental sustainability. These factors combined to drive the adoption of data center IT asset disposition practices during this period.
The data center IT asset disposition market size is expected to see strong growth in the next few years. It will grow to $18.91 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. In the forecast period, growth is expected due to several factors, including the rising demand for electronic waste management, a heightened emphasis on data security and regulatory compliance, increased adoption of circular economy practices, and the expansion of data center infrastructure globally. Major trends anticipated during this period include the adoption of secure data erasure solutions, the growth of asset tracking and management technologies, the emergence of specialized IT asset disposal firms, and the expansion of regulatory compliance requirements.
The escalating prevalence of cyberattacks is set to drive the growth of the data center IT asset disposition market. Cyberattacks, characterized by deliberate and malicious attempts to breach the security measures of computer systems or digital devices, are on the rise due to technological advancements, system vulnerabilities, and insufficient cybersecurity awareness. Data center IT asset disposition plays a pivotal role in cybersecurity by preventing data breaches, mitigating insider threats, safeguarding against supply chain attacks, and ensuring regulatory compliance. By securely and compliantly disposing of end-of-life IT assets, this process protects sensitive data and mitigates risks associated with breaches, regulatory violations, and environmental hazards. For example, a blog reported by Check Point Software Technologies in April 2023 revealed a 7% increase in global weekly cyberattacks in Q1 2023 compared to the previous year, with organizations facing an average of 1,248 attacks per week. Consequently, the growing prevalence of cyberattacks acts as a catalyst for the expansion of the data center IT asset disposition market.
Leading companies in the data center IT asset disposition sector are focused on innovating solutions to optimize resource utilization and minimize environmental impact. One such innovation is the development of IT asset repurposing and disposal facilities, which involve securely retiring IT assets through decommissioning, destruction, and environmentally responsible recycling. TES, for instance, launched an IT asset repurposing and disposal facility in March 2024, dedicated to refurbishing and recycling technology assets and data center equipment. Equipped with advanced technical tools, the facility ensures secure data removal from technological devices while preventing rare metals from ending up in landfills. The objective is to safeguard organizational data, protect the environment, and potentially recover value from retired IT assets.
In January 2024, Iron Mountain Inc. bolstered its asset lifecycle management (ALM) capabilities by acquiring Regency Technologies, a move aimed at strengthening its footprint in IT asset disposition (ITAD) and electronics recycling. This strategic acquisition underscores Iron Mountain's commitment to environmental sustainability and value recovery at the end of the IT asset lifecycle, positioning the company as a leader in responsible asset management practices. Regency Technologies' expertise in ITAD and electronics recycling complements Iron Mountain's capabilities, facilitating the remarketing and recycling of IT assets while adhering to environmental standards.
Major companies operating in the data center it asset disposition market are Dell Inc., International Business Machines Corporation, Arrow Electronics Inc., Hewlett Packard Enterprise (HPE), Iron Mountain Incorporated, EPC Inc., Sims Recycling Solutions, Procurri Corporation, CentricsIT, ITRenew Inc., Atlantix Global Systems, Cxtec Inc., Quantum Lifecycle Partners, Wisetek, Apto Solutions Inc., HOBI International Inc., Dataserv, Re-Teck, CloudBlue, TES-AMM Pte Ltd., Midwest CompuTech, TechWaste Recycling, Maxxum, TBS Industries, CentraComm Communications, Exit Technologies.
North America was the largest region in the data center IT asset disposition market in 2023. The regions covered in the data center it asset disposition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the data center it asset disposition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Data center IT asset disposition encompasses the systematic disposal of outdated IT hardware, networking, and storage devices, as well as other infrastructure components commonly used in data centers and office settings. This process entails evaluating, categorizing, and disposing of assets in a responsible manner, guaranteeing the proper decommissioning of equipment and the secure handling of any sensitive data.
Data center IT asset disposition involves various product types, including servers, memory modules, hard disk drives, central processing units (CPUs), gigabit interface converters (GBICs), line cards, desktops, laptops, and solid-state drives (SSDs). Servers are high-performance computers used to store, manage, and process data for multiple users or devices. These products cater to organizations of various sizes, from small and medium enterprises to large enterprises, and serve different purposes such as data sanitization or destruction, remarketing or resale, and recycling. End users of these products include enterprises, cloud service providers, and colocation providers.
The data center IT asset disposition market research report is one of a series of new reports that provides data center IT asset disposition market statistics, including data center IT asset disposition industry global market size, regional shares, competitors with a data center IT asset disposition market share, detailed data center IT asset disposition segments, market trends and opportunities, and any further data you may need to thrive in the data center IT asset disposition industry. This data center IT asset disposition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The data center IT asset disposition market includes revenues earned by entities by providing services such as value recovery and asset management, consulting and advisory services, compliance and reporting, remarketing and resale, and related services. 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.
This product will be delivered within 3-5 business days.
The data center IT asset disposition market size is expected to see strong growth in the next few years. It will grow to $18.91 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. In the forecast period, growth is expected due to several factors, including the rising demand for electronic waste management, a heightened emphasis on data security and regulatory compliance, increased adoption of circular economy practices, and the expansion of data center infrastructure globally. Major trends anticipated during this period include the adoption of secure data erasure solutions, the growth of asset tracking and management technologies, the emergence of specialized IT asset disposal firms, and the expansion of regulatory compliance requirements.
The escalating prevalence of cyberattacks is set to drive the growth of the data center IT asset disposition market. Cyberattacks, characterized by deliberate and malicious attempts to breach the security measures of computer systems or digital devices, are on the rise due to technological advancements, system vulnerabilities, and insufficient cybersecurity awareness. Data center IT asset disposition plays a pivotal role in cybersecurity by preventing data breaches, mitigating insider threats, safeguarding against supply chain attacks, and ensuring regulatory compliance. By securely and compliantly disposing of end-of-life IT assets, this process protects sensitive data and mitigates risks associated with breaches, regulatory violations, and environmental hazards. For example, a blog reported by Check Point Software Technologies in April 2023 revealed a 7% increase in global weekly cyberattacks in Q1 2023 compared to the previous year, with organizations facing an average of 1,248 attacks per week. Consequently, the growing prevalence of cyberattacks acts as a catalyst for the expansion of the data center IT asset disposition market.
Leading companies in the data center IT asset disposition sector are focused on innovating solutions to optimize resource utilization and minimize environmental impact. One such innovation is the development of IT asset repurposing and disposal facilities, which involve securely retiring IT assets through decommissioning, destruction, and environmentally responsible recycling. TES, for instance, launched an IT asset repurposing and disposal facility in March 2024, dedicated to refurbishing and recycling technology assets and data center equipment. Equipped with advanced technical tools, the facility ensures secure data removal from technological devices while preventing rare metals from ending up in landfills. The objective is to safeguard organizational data, protect the environment, and potentially recover value from retired IT assets.
In January 2024, Iron Mountain Inc. bolstered its asset lifecycle management (ALM) capabilities by acquiring Regency Technologies, a move aimed at strengthening its footprint in IT asset disposition (ITAD) and electronics recycling. This strategic acquisition underscores Iron Mountain's commitment to environmental sustainability and value recovery at the end of the IT asset lifecycle, positioning the company as a leader in responsible asset management practices. Regency Technologies' expertise in ITAD and electronics recycling complements Iron Mountain's capabilities, facilitating the remarketing and recycling of IT assets while adhering to environmental standards.
Major companies operating in the data center it asset disposition market are Dell Inc., International Business Machines Corporation, Arrow Electronics Inc., Hewlett Packard Enterprise (HPE), Iron Mountain Incorporated, EPC Inc., Sims Recycling Solutions, Procurri Corporation, CentricsIT, ITRenew Inc., Atlantix Global Systems, Cxtec Inc., Quantum Lifecycle Partners, Wisetek, Apto Solutions Inc., HOBI International Inc., Dataserv, Re-Teck, CloudBlue, TES-AMM Pte Ltd., Midwest CompuTech, TechWaste Recycling, Maxxum, TBS Industries, CentraComm Communications, Exit Technologies.
North America was the largest region in the data center IT asset disposition market in 2023. The regions covered in the data center it asset disposition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the data center it asset disposition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Data center IT asset disposition encompasses the systematic disposal of outdated IT hardware, networking, and storage devices, as well as other infrastructure components commonly used in data centers and office settings. This process entails evaluating, categorizing, and disposing of assets in a responsible manner, guaranteeing the proper decommissioning of equipment and the secure handling of any sensitive data.
Data center IT asset disposition involves various product types, including servers, memory modules, hard disk drives, central processing units (CPUs), gigabit interface converters (GBICs), line cards, desktops, laptops, and solid-state drives (SSDs). Servers are high-performance computers used to store, manage, and process data for multiple users or devices. These products cater to organizations of various sizes, from small and medium enterprises to large enterprises, and serve different purposes such as data sanitization or destruction, remarketing or resale, and recycling. End users of these products include enterprises, cloud service providers, and colocation providers.
The data center IT asset disposition market research report is one of a series of new reports that provides data center IT asset disposition market statistics, including data center IT asset disposition industry global market size, regional shares, competitors with a data center IT asset disposition market share, detailed data center IT asset disposition segments, market trends and opportunities, and any further data you may need to thrive in the data center IT asset disposition industry. This data center IT asset disposition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The data center IT asset disposition market includes revenues earned by entities by providing services such as value recovery and asset management, consulting and advisory services, compliance and reporting, remarketing and resale, and related services. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Data Center IT Asset Disposition Market Characteristics3. Data Center IT Asset Disposition Market Trends and Strategies32. Global Data Center IT Asset Disposition Market Competitive Benchmarking33. Global Data Center IT Asset Disposition Market Competitive Dashboard34. Key Mergers and Acquisitions in the Data Center IT Asset Disposition Market
4. Data Center IT Asset Disposition Market - Macro Economic Scenario
5. Global Data Center IT Asset Disposition Market Size and Growth
6. Data Center IT Asset Disposition Market Segmentation
7. Data Center IT Asset Disposition Market Regional and Country Analysis
8. Asia-Pacific Data Center IT Asset Disposition Market
9. China Data Center IT Asset Disposition Market
10. India Data Center IT Asset Disposition Market
11. Japan Data Center IT Asset Disposition Market
12. Australia Data Center IT Asset Disposition Market
13. Indonesia Data Center IT Asset Disposition Market
14. South Korea Data Center IT Asset Disposition Market
15. Western Europe Data Center IT Asset Disposition Market
16. UK Data Center IT Asset Disposition Market
17. Germany Data Center IT Asset Disposition Market
18. France Data Center IT Asset Disposition Market
19. Italy Data Center IT Asset Disposition Market
20. Spain Data Center IT Asset Disposition Market
21. Eastern Europe Data Center IT Asset Disposition Market
22. Russia Data Center IT Asset Disposition Market
23. North America Data Center IT Asset Disposition Market
24. USA Data Center IT Asset Disposition Market
25. Canada Data Center IT Asset Disposition Market
26. South America Data Center IT Asset Disposition Market
27. Brazil Data Center IT Asset Disposition Market
28. Middle East Data Center IT Asset Disposition Market
29. Africa Data Center IT Asset Disposition Market
30. Data Center IT Asset Disposition Market Competitive Landscape and Company Profiles
31. Data Center IT Asset Disposition Market Other Major and Innovative Companies
35. Data Center IT Asset Disposition Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Data Center IT Asset Disposition Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on data center IT asset disposition market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for data center IT asset disposition ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The data center IT asset disposition market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Servers; Memory Modules; Hard Disk Drive; Central Processing Unit; Gigabit Interface Converter; Line Cards; Desktops; Laptops; Solid State Drive.2) By Organization Size: Small And Medium Enterprises; Large Enterprises
3) By Application: Data Sanitation Or Destruction; Remarketing OR Resale; Recycling
4) By End Users: Enterprises; Cloud Service Providers; Colocation Providers
Key Companies Mentioned: Dell Inc.; International Business Machines Corporation; Arrow Electronics Inc.; Hewlett Packard Enterprise (HPE); Iron Mountain Incorporated
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Dell Inc.
- International Business Machines Corporation
- Arrow Electronics Inc.
- Hewlett Packard Enterprise (HPE)
- Iron Mountain Incorporated
- EPC Inc.
- Sims Recycling Solutions
- Procurri Corporation
- CentricsIT
- ITRenew Inc.
- Atlantix Global Systems
- Cxtec Inc.
- Quantum Lifecycle Partners
- Wisetek
- Apto Solutions Inc.
- HOBI International Inc.
- Dataserv
- Re-Teck
- CloudBlue
- TES-AMM Pte Ltd.
- Midwest CompuTech
- TechWaste Recycling
- Maxxum
- TBS Industries
- CentraComm Communications
- Exit Technologies
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 13.49 Billion |
Forecasted Market Value ( USD | $ 18.91 Billion |
Compound Annual Growth Rate | 8.8% |
Regions Covered | Global |