Global IT Asset Disposition (ITAD) Market
Global IT Asset Disposition (ITAD) Market Size, Share, Growth, Trends, Opportunities and Forecast
According to Verified Market Research, the Global IT Asset Disposition (ITAD) Market was valued at USD 13.15 Billion in 2018 and is projected to reach USD 24.85 Billion by 2026, growing at a CAGR of 8.47% from 2019 to 2026.
IT asset disposition, commonly known as ITAD, can be defined as the process of re-using or recycling (or some other transfer method) of IT equipment. Companies are constantly purchasing new assets such as laptops, various office equipment, and mobile devices. The improper disposal or recycling of which would create a large amount of e-waste that could lead to loss for the company. The ITAD process involves data destruction, reusable parts harvesting as well as repair of equipment. The market for ITAD takes into consideration confidential device data, environmental hazards, and logistics, all of which require a well-planned strategy.
The growth in the adoption of technology has led to the bulk manufacturing of several products, thereby lessening the cost of various IT equipment and leading to the increasing adoption of technology in emerging economies. The acceptance and implementation of technology is critical for the determination of the success of many of today’s industries. As more consumers adopt technology such as smartphones as a tool for general use in their everyday life, the potential for the growth of the IT asset disposition market increases.
- 1 INTRODUCTION
- 1.1 Study Objective
- 1.2 Market Definition
- 1.3 Study Scope
- 1.3.1 Markets Covered
- 1.3.2 Years Considered for the Study
- 1.4 Currency
- 1.5 Limitations
- 1.6 Stakeholders
- 2 RESEARCH METHODOLOGY
- 2.1 Research Data
- 2.1.1 Secondary Data
- 2.1.1.1 Key Data From Secondary Sources
- 2.1.2 Primary Data
- 2.1.2.1 Key Data From Primary Sources
- 2.1.2.2 Key Industry Insights
- 2.1.2.3 Breakdown of Primaries
- 2.2 Market Size Estimation
- 2.3 Market Breakdown and Data Triangulation
- 2.4 Research Assumptions
- 3 EXECUTIVE SUMMARY
- 4 PREMIUM INSIGHTS
- 4.1 Attractive Opportunities in the IT Asset Disposition Market
- 4.2 IT Asset Disposition Market, By Service
- 4.3 Market in APAC
- 4.4 IT Asset Disposition: Geographic Snapshot for the Forecast Period
- 4.5 Market, By Asset Type
- 5 MARKET OVERVIEW
- 5.1 Introduction
- 5.2 Market Segmentation
- 5.2.1 By Service
- 5.2.2 By Asset Type
- 5.2.3 By Organization Size
- 5.2.4 By End User
- 5.2.5 By Geography
- 5.3 Market Dynamics
- 5.3.1 Drivers
- 5.3.1.1 Regulatory Compliances and Environment Safety
- 5.3.1.2 Growing Need of Information and Data Security for Old Assets
- 5.3.1.3 Increasing Adoption of New Technology and Byod
- 5.3.2 Restraints
- 5.3.2.1 Lack of Awareness and High Service Cost
- 5.3.2.2 Lack of Comprehensive IT Asset Disposition Policy
- 5.3.3 Opportunities
- 5.3.3.1 Value Recovery From Obsolete Assets
- 5.3.3.2 Strategic Partnerships and Acquisitions
- 5.3.4 Challenges
- 5.3.4.1 Unauthorized Standards and Unsustainable Practices
- 6 INDUSTRY TRENDS
- 6.1 Introduction
- 6.2 Value Chain Analysis
- 6.3 Porter’s Five Forces Analysis, 2015
- 6.3.1 Bargaining Power of Suppliers
- 6.3.2 Bargaining Power of Buyers
- 6.3.3 Threat of New Entrants
- 6.3.4 Threat of Substitutes
- 6.3.5 Intensity of Competitive Rivalry
- 6.4 Regulatory Landscape
- 6.4.1 Recycling Services: Rules and Regulations
- 6.4.2 Data Security: Rules and Regulations
- 7 IT ASSET DISPOSITION MARKET, BY SERVICE
- 7.1 Introduction
- 7.2 De-Manufacturing and Recycling
- 7.3 Remarketing and Value Recovery
- 7.4 Data Destruction/Data Sanitization
- 7.4.1 On-Site Data Destruction
- 7.4.2 Off-Site Data Destruction
- 7.5 Logistics Management and Reverse Logistics
- 7.6 Other Services
- 7.6.1 On-Site Equipment Audit Solution
- 7.6.2 Online Clients’ Portal
- 8 IT ASSET DISPOSITION MARKET, BY ASSET TYPE
- 8.1 Introduction
- 8.2 Computers/Laptops
- 8.3 Servers
- 8.4 Mobile Devices
- 8.5 Storage Devices
- 8.6 Peripherals
- 8.6.1 Networking Devices
- 8.6.2 I/O Devices
- 9 IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE
- 9.1 Introduction
- 9.2 Soho and Medium Enterprises
- 9.3 Large Enterprises
- 10 IT ASSET DISPOSITION MARKET, BY END USER
- 10.1 Introduction
- 10.2 Banking, Financial Services, and Insurance (BFSI)
- 10.3 IT and Telecom
- 10.4 Educational Institutions
- 10.5 Healthcare Industry
- 10.6 Aerospace and Defense
- 10.7 Public Sector and Government Offices
- 10.8 Manufacturing
- 10.9 Media and Entertainment
- 10.10 Others
- 10.10.1 Energy and Utility
- 10.10.2 Construction and Real Estate
- 10.10.3 Logistics and Transportation
- 11 GEOGRAPHIC ANALYSIS
- 11.1 Introduction
- 11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.2.3 Rest of North America
- 11.3 Europe
- 11.3.1 U.K.
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Rest of Europe
- 11.4 APAC
- 11.4.1 China
- 11.4.2 Japan
- 11.4.3 India
- 11.4.4 Rest of APAC
- 11.5 Middle East and Africa
- 11.6 Latin America
- 12 COMPETITIVE LANDSCAPE
- 12.1 Overview
- 12.2 Market Ranking for IT Asset Disposition Market, 2015
- 12.3 Competitive Situation and Trends
- 12.4 Recent Developments
- 12.4.1 Expansions
- 12.4.2 Acquisitions/Mergers/Collaborations
- 12.4.3 Partnerships/Contracts/Agreements
- 12.4.4 New Product Launches
- 13 COMPANY PROFILES
- 13.1 Introduction
- 13.2 Hewlett Packard Enterprise Company
- 13.3 IBM Corporation
- 13.4 Arrow Electronics, Inc.
- 13.5 Dell
- 13.6 SIMS Recycling Solutions
- 13.7 Iron Mountain Incorporated
- 13.8 Apto Solution, Inc.
- 13.9 TBS Industries
- 13.10 ITrenew Inc.
- 13.11 TES-AMM (Singapore) Pte Ltd.
- 13.12 Lifespan International Inc.
- 13.13 Cloudblue Technologies, Inc.
- LIST OF TABLES
- TABLE 1 IT ASSET DISPOSITION MARKET, BY SERVICE
- TABLE 2 MARKET, BY ASSET TYPE
- TABLE 3 MARKET, BY ORGANIZATION SIZE
- TABLE 4 MARKET, BY END USER
- TABLE 5 PORTER’S FIVE FORCES ANALYSIS: THREAT OF SUBSTITUTES EXPECTED TO HAVE A LOW IMPACT IN THE OVERALL MARKET
- TABLE 6 RECYCLING SERVICES: RULES AND REGULATIONS
- TABLE 7 DATA SECURITY: RULES AND REGULATIONS
- TABLE 8 IT ASSET DISPOSITION MARKET, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 9 ITAD MARKET FOR DE-MANUFACTURING AND RECYCLING, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 10 MARKET FOR DE-MANUFACTURING AND RECYCLING, BY REGION, 2013–2022 (USD MILLION)
- TABLE 11 ITAD MARKET FOR REMARKETING AND VALUE RECOVERY, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 12 ITAD MARKET FOR REMARKETING AND VALUE RECOVERY, BY REGION, 2013–2022 (USD MILLION)
- TABLE 13 IT ASSET DISPOSITION MARKET FOR DATA DESTRUCTION/DATA SANITIZATION, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 14 ITAD MARKET FOR DATA DESTRUCTION/DATA SANITIZATION, BY REGION, 2013–2022 (USD MILLION)
- TABLE 15 ITAD MARKET FOR LOGISTICS MANAGEMENT AND REVERSE LOGISTICS, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 16 MARKET FOR LOGISTICS MANAGEMENT AND REVERSE LOGISTICS, BY REGION, 2013–2022 (USD MILLION)
- TABLE 17 ITAD MARKET FOR OTHER SERVICES, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 18 MARKET FOR OTHER SERVICES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 19 ITAD MARKET, BY ASSET TYPE, 2013–2022 (USD MILLION)
- TABLE 20 ITAD MARKET FOR COMPUTERS/LAPTOPS, BY REGION, 2013–2022 (USD MILLION)
- TABLE 21 ITAD MARKET FOR SERVER, BY REGION, 2013–2022 (USD MILLION)
- TABLE 22 IT ASSET DISPOSITION MARKET FOR MOBILE DEVICES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 23 ITAD MARKET FOR STORAGE DEVICES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 24 ITAD MARKET FOR PERIPHERALS, BY REGION, 2013–2022 (USD MILLION)
- TABLE 25 ITAD MARKET, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 26 ITAD MARKET FOR SOHO AND MEDIUM ENTERPRISES, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 27 ITAD MARKET FOR SOHO AND MEDIUM ENTERPRISES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 28 IT ASSET DISPOSITION MARKET FOR LARGE ENTERPRISES, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 29 ITAD MARKET FOR LARGE ENTERPRISES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 30 ITAD MARKET, BY END USER, 2013–2022 (USD MILLION)
- TABLE 31 ITAD MARKET FOR BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI), BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 32 ITAD MARKET FOR BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI), BY REGION, 2013–2022 (USD MILLION)
- TABLE 33 IT ASSET DISPOSITION MARKET FOR IT AND TELECOM, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 34 ITAD MARKET FOR IT AND TELECOM, BY REGION, 2013–2022 (USD MILLION)
- TABLE 35 ITAD MARKET FOR EDUCATIONAL INSTITUTES, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 36 ITAD MARKET FOR EDUCATIONAL INSTITUTES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 37 ITAD MARKET FOR HEALTHCARE INDUSTRY, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 38 ITAD MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
- TABLE 39 IT ASSET DISPOSITION MARKET FOR AEROSPACE AND DEFENSE MARKET, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 40 ITAD MARKET FOR AEROSPACE AND DEFENSE MARKET, BY REGION, 2013–2022 (USD MILLION)
- TABLE 41 ITAD MARKET FOR PUBLIC SECTOR AND GOVERNMENT OFFICES, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 42 IT ASSET DISPOSITION MARKET FOR PUBLIC SECTOR AND GOVERNMENT OFFICES, BY REGION, 2013–2022 (USD MILLION)
- TABLE 43 ITAD MARKET FOR MANUFACTURING, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 44 ITAD MARKET FOR MANUFACTURING, BY REGION, 2013–2022 (USD MILLION)
- TABLE 45 IT ASSET DISPOSITION MARKET FOR MEDIA AND ENTERTAINMENT, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 46 ITAD MARKET FOR MEDIA AND ENTERTAINMENT, BY REGION, 2013–2022 (USD MILLION)
- TABLE 47 ITAD MARKET FOR OTHER END USERS, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 48 ITAD MARKET FOR OTHER END USERS, BY REGION, 2013–2022 (USD MILLION)
- TABLE 49 IT ASSET DISPOSITION MARKET, BY REGION, 2013–2022 (USD MILLION)
- TABLE 50 ITAD MARKET IN NORTH AMERICA, BY COUNTRY, 2013–2022 (USD MILLION)
- TABLE 51 ITAD MARKET IN NORTH AMERICA, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 52 ITAD MARKET IN NORTH AMERICA, BY ASSET TYPE, 2013–2022 (USD MILLION)
- TABLE 53 ITAD MARKET IN NORTH AMERICA, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 54 ITAD MARKET IN NORTH AMERICA, BY END USER, 2013–2022 (USD MILLION)
- TABLE 55 IT ASSET DISPOSITION MARKET IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
- TABLE 56 ITAD MARKET IN EUROPE, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 57 ITAD MARKET IN EUROPE, BY ASSET TYPE, 2013–2022 (USD MILLION)
- TABLE 58 ITAD MARKET IN EUROPE, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 59 ITAD MARKET IN EUROPE, BY END USER, 2013–2022 (USD MILLION)
- TABLE 60 IT ASSET DISPOSITION MARKET IN APAC, BY COUNTRY, 2013–2022 (USD MILLION)
- TABLE 61 ITAD MARKET IN APAC, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 62 APAC ITAD MARKET, BY ASSET TYPE, 2013–2022 (USD MILLION)
- TABLE 63 IT ASSET DISPOSITION MARKET IN APAC, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 64 ITAD MARKET IN APAC, BY END USER, 2013–2022 (USD MILLION)
- TABLE 65 ITAD MARKET IN MIDDLE EAST AND AFRICA, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 66 ITAD MARKET IN MIDDLE EAST AND AFRICA, BY ASSET TYPE, 2013–2022 (USD MILLION)
- TABLE 67 ITAD MARKET IN MIDDLE EAST AND AFRICA, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 68 ITAD MARKET IN MIDDLE EAST AND AFRICA, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 69 ITAD MARKET IN MIDDLE EAST AND AFRICA, BY END USER, 2013–2022 (USD MILLION)
- TABLE 70 IT ASSET DISPOSITION MARKET IN LATIN AMERICA, BY SERVICE, 2013–2022 (USD MILLION)
- TABLE 71 ITAD MARKET IN LATIN AMERICA, BY ASSET TYPE, 2013–2022 (USD MILLION)
- TABLE 72 ITAD MARKET IN LATIN AMERICA, BY ORGANIZATION SIZE, 2013–2022 (USD MILLION)
- TABLE 73 ITAD MARKET IN LATIN AMERICA, BY END USER, 2013–2022 (USD MILLION)
- TABLE 74 MARKET RANKING OF THE TOP FIVE PLAYERS IN THE ITAD MARKET, 2015
- TABLE 75 EXPANSIONS, 2013–2016
- TABLE 76 ACQUISITION/MERGERS/COLLABORATION, 2013–2016
- TABLE 77 PARTNERSHIPS/CONTRACTS/AGREEMENTS, 2013–2016
- TABLE 78 NEW PRODUCT LAUNCHES, 2013–2016
- LIST OF FIGURES
- FIGURE 1 IT ASSET DISPOSITION MARKET SEGMENTATION
- FIGURE 2 IT ASSET DISPOSITION MARKET: RESEARCH DESIGN
- FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
- FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP–DOWN APPROACH
- FIGURE 5 DATA TRIANGULATION
- FIGURE 6 DATA DESTRUCTION/DATA SANITIZATION SERVICE EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
- FIGURE 7 ITAD SERVICES FOR MOBILE DEVICES SEGMENT TO WITNESS THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD
- FIGURE 8 SOHO AND MEDIUM ENTERPRISES SEGMENT OF THE ITAD MARKET EXPECTED TO GROW AT A HIGH RATE DURING THE FORECAST PERIOD
- FIGURE 9 IT AND TELECOM INDUSTRY TO LEAD THE IT ASSET DISPOSITION MARKET DURING THE FORECAST PERIOD
- FIGURE 10 NORTH AMERICA HELD THE LARGEST SHARE OF THE MARKET IN 2015
- FIGURE 11 DEMAND FOR IT ASSET DISPOSITION EXPECTED TO RISE GRADUALLY DURING THE FORECAST PERIOD
- FIGURE 12 DATA DESTRUCTION/DATA SANITIZATION TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
- FIGURE 13 CHINA TO HOLD THE LARGEST SHARE OF THE MARKET IN APAC DURING THE FORECAST PERIOD
- FIGURE 14 INDIA EXPECTED TO WITNESS A SIGNIFICANT GROWTH RATE DURING THE FORECAST PERIOD
- FIGURE 15 SERVERS EXPECTED TO LEAD THE ITAD MARKET BY 2022
- FIGURE 16 IT ASSET DISPOSITION MARKET, BY GEOGRAPHY
- FIGURE 17 REGULATORY COMPLIANCES AND ENVIRONMENT SAFETY DRIVE THE MARKET FOR IT ASSET DISPOSITION
- FIGURE 18 ITAD MARKET: VALUE CHAIN ANALYSIS
- FIGURE 19 PORTER’S FIVE FORCES ANALYSIS FOR THE IT ASSET DISPOSITION MARKET
- FIGURE 20 IMPACT ANALYSIS OF MARKET, 2015
- FIGURE 21 BARGAINING POWER OF SUPPLIERS IN THE ITAD MARKET, 2015
- FIGURE 22 BARGAINING POWER OF BUYERS IN THE MARKET, 2015
- FIGURE 23 THREAT OF NEW ENTRANTS IN THE MARKET, 2015
- FIGURE 24 THREAT OF SUBSTITUTES IN THE IT ASSET DISPOSITION MARKET, 2015
- FIGURE 25 INTENSITY OF COMPETITIVE RIVALRY IN THE IT ASSET DISPOSITION MARKET, 2015
- FIGURE 26 IT ASSET DISPOSITION MARKET, BY SERVICE
- FIGURE 27 DATA DESTRUCTION/DATA SANITIZATION SERVICE TO HOLD THE LARGEST SHARE OF THE OVERALL ITAD MARKET DURING THE FORECAST PERIOD
- FIGURE 28 THE DECISION TREE OF REMARKETING SERVICES
- FIGURE 29 THE PROCESS OF LOGISTICS MANAGEMENT AND REVERSE LOGISTICS
- FIGURE 30 ITAD MARKET, BY ASSET TYPE
- FIGURE 31 SERVERS TO SURPASS THE COMPUTERS/LAPTOPS MARKET, IN TERMS OF SIZE, BY 2022
- FIGURE 32 IT ASSET DISPOSITION MARKET, BY ORGANIZATION SIZE
- FIGURE 33 LARGE ENTERPRISES TO HOLD THE LARGEST SHARE OF THE OVERALL ITAD MARKET DURING THE FORECAST PERIOD
- FIGURE 34 IT AND TELECOM INDUSTRY TO HOLD THE LARGEST SHARE OF THE ITAD MARKET, FOLLOWED BY BFSI INDUSTRY BETWEEN 2016 AND 2022
- FIGURE 35 IT ASSET DISPOSITION MARKET, BY END USER
- FIGURE 36 ITAD MARKET SEGMENTATION: BY GEOGRAPHY
- FIGURE 37 GEOGRAPHIC SNAPSHOT OF ITAD MARKET
- FIGURE 38 APAC HAS THE HIGHEST GROWTH WITNESS FOLLOWED BY MIDDLE EAST AND AFRICA AND LATIN AMERICA DURING THE FORECAST PERIOD
- FIGURE 39 NORTH AMERICA: IT ASSET DISPOSITION MARKET SNAPSHOT
- FIGURE 40 NORTH AMERICA: MARKET SEGMENTATION
- FIGURE 41 EUROPE: IT ASSET DISPOSITION MARKET SNAPSHOT
- FIGURE 42 EUROPE: MARKET SEGMENTATION
- FIGURE 43 ASIA-PACIFIC: IT ASSET DISPOSITION MARKET SNAPSHOT
- FIGURE 44 ASIA-PACIFIC: MARKET SEGMENTATION
- FIGURE 45 KEY GROWTH STRATEGIES ADOPTED BY TOP COMPANIES BETWEEN 2013 AND 2015
- FIGURE 46 MARKET EVALUATION FRAMEWORK
- FIGURE 47 BATTLE FOR MARKET SHARE
- FIGURE 48 GEOGRAPHIC REVENUE MIX OF THE MAJOR MARKET PLAYERS
- FIGURE 49 HEWLETT PACKARD ENTERPRISE COMPANY: COMPANY SNAPSHOT
- FIGURE 50 HEWLETT PACKARD ENTERPRISE COMPANY: SWOT ANALYSIS
- FIGURE 51 IBM CORPORATION: COMPANY SNAPSHOT
- FIGURE 52 IBM CORPORATION: SWOT ANALYSIS
- FIGURE 53 ARROW ELECTRONICS, INC.: COMPANY SNAPSHOT
- FIGURE 54 ARROW ELECTRONICS, INC. : SWOT ANALYSIS
- FIGURE 55 DELL: SWOT ANALYSIS
- FIGURE 56 SIMS RECYCLING SOLUTIONS: SWOT ANALYSIS
- FIGURE 57 IRON MOUNTAIN INCORPORATED : COMPANY SNAPSHOT