Data Center IT Asset Disposition Global Market Report 2024

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.