Data Center IT Asset Disposition Market - By Assets (Servers, Memory Modules, HDD, CPU, GBIC, Line cards, Desktops, Laptops, SSD), By Organization Size (SMEs, Large Enterprises), By Application, By End Users & Forecast, 2024 - 2032

Data Center IT Asset Disposition Market - By Assets (Servers, Memory Modules, HDD, CPU, GBIC, Line cards, Desktops, Laptops, SSD), By Organization Size (SMEs, Large Enterprises), By Application, By End Users & Forecast, 2024 - 2032

Data center IT asset disposition market size is estimated to register over 9% CAGR between 2024 to 2032, owing to the rapid pace of technological advancements and the subsequent undesirability of IT equipment. Data centers, frequently upgrade their hardware to keep pace with the evolving demands for performance, capacity, and energy efficiency. As a result, there is a constant influx of retired IT assets that require proper disposition to mitigate environmental risks and comply with data security regulations.

Moreover, the rising concerns regarding data security and privacy are driving the demand for secure IT asset disposition solutions. With data breaches becoming more prevalent and stringent regulations governing data protection, organizations are prioritizing the secure handling and disposal of sensitive information stored on decommissioned IT assets. For instance, in the U.S., data breaches compromising personal health information have impacted 88 million individuals, marking a 60% increase in 2023. To that end, data center operators are emphasizing on ensuring that all data-bearing devices, such as hard drives and solid-state drives, are securely sanitized or destroyed to prevent unauthorized access to confidential data.

The data center IT asset disposition industry is segmented into assets, organization size, application, end-user and region.

In terms of assets, the market size from the GBIC segment is anticipated to witness substantial growth through 2032, as data centers upgrade their networking infrastructure to support higher bandwidth and faster data transmission speeds. GBIC modules, although no longer in use, also contain valuable components and materials that can be recovered and recycled, contributing to the circular economy, and reducing electronic waste.

By end-user, the data center IT asset disposition market from the colocation providers segment is anticipated to observe a significant CAGR during 2024 and 2032. As these facilities host a multitude of clients with diverse IT infrastructure needs, they frequently upgrade and refresh their equipment to accommodate evolving demands for performance, capacity, and efficiency. This constant cycle of equipment refreshment generates a steady stream of retired IT assets that require proper disposition to ensure regulatory compliance and data security.

Asia Pacific data center IT asset disposition industry will record impressive growth over 2024-2032, attributed to the booming digital economy and rapid technological advancement. With APAC emerging as a global hub for data center infrastructure investment and expansion, there is a significant demand for efficient IT asset disposition solutions to manage the lifecycle of decommissioned equipment. Moreover, stringent environmental regulations and the increasing focus on sustainability will further fuel the adoption of responsible disposal practices among data center operators in the region.