IT Asset Disposition Market: By Asset Type, By Service, By Industry Vertical, and Geography

IT Asset Disposition (ITAD) Market Size, Share, Growth, Trends, and Global Industry Analysis: By Asset Type (Computer, Laptops, Servers, Storage Devices, and Peripherals), By Service (Data Destruction, Recycling, Reverse Logistics, Remarketing & Value Recovery, Logistics Management, and Others), By Industry Vertical (Aerospace & Defense, Energy and Power, BFSI, Telecom & IT, Media & Entertainment, Automotive, and Others), and Region

IT Asset Disposition (ITAD) Market Size was valued at around US$ 17.1 billion by 2023 and is estimated to expand at significant CAGR of 8.7% from 2024-2030. due to the development of technology in the IT industry and online markets. One of the factors driving the market's expansion is the rising adoption of electronic devices including computers and laptops, office furniture, and portable gadgets.

However, rising hacking and cybercrime activity, a lack of knowledge, and high service costs could restrain the expansion of the ITAD market over the course of the projection period. A number of industries, including aerospace & defence, energy & power, BFSI, telecom & IT, media & entertainment, automotive, and others, are seeing an increase in demand for ITAD. The demand for electronic devices is rising across all industries as a result of the rise of IT-related businesses like Google, Facebook, Microsoft, and others as well as new start-ups like Uber, Amazon, Redbus, etc. This report studies ITAD market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.

In addition, the market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global ITAD market to better equip clients with possible investment opportunities across the regions (regional investment hot-spots) and market unmet needs (product opportunities).  

IT Asset Disposition (ITAD) Market Key Developments:

  • On September, 2020, DXC Technology announced the opening of a new global Digital Transformation Centre to develop high-impact digital solutions in across Australia and New Zealand from South Australia. On April 24, 2019, HPE announced that circular economy helps IT build toward sustainability. It involves developing IT consumption processes that reflect on corporate responsibility and enable a more sustainable business environment.

Global Itad Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

8.7%

Largest Market

Asia-Pacific

Fastest Growing Market

North America

Integration Platform as a Service Market Dynamics

Improving adoption of electronic devices such as computer/laptops, office equipment, and handheld devices are some of the factors responsible for the growth of the market. But, increasing hacking & cybercrime activity and lack of awareness & service cost may hamper the growth of themarket during forecast period.Increase in demand of ITAD in number of industries such as aerospace & defense, energy and power, BFSI, telecom & it, media & entertainment, automotive, and others. Increasing expansion of IT related industries such as Google, Facebook, Microsoft and others and new start-ups also based on IT sectors like Uber, Amazons, Redbus, etc., so the demand of electronic devices also increasing in the every industries.

Global Itad Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 17.1 billion

Market CAGR

8.7%

By Asset Type

  • Computer
  • Laptops
  • Servers
  • Storage Devices
  • Peripherals

By Service

  • Data Destruction
  • Recycling
  • Reverse Logistics
  • Remarketing & Value Recovery
  • Logistics Management
  • Others

By Industry Vertical

  • Aerospace & Defense
  • Energy &Power
  • BFSI
  • Telecom & IT
  • Media & Entertainment
  • Automotive
  • Others

Key Features of the Report

  • The itad market report provides granular level information about the market size, regional market share and forecast from (2024-2030)
  • The report covers in-detail insights about the competitor's overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup's details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

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Frequently Asked Questions

The global itad market size was valued at US$ 17.1 billion in 2023 and is projected to grow at a CAGR of 8.7% from 2024-2030.

Hewlett Packard Enterprise, IBM, Dell Inc., Sims Lifecycle Services, Inc., DXC Technology, Iron Mountain Incorporated

North America is the fastest-growing region for ITAD Market

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

1. Executive Summary
2. Global ITAD Market Introduction
2.1. Global ITAD Market - Taxonomy
2.2. Global ITAD Market -Definitions
2.2.1. By Asset Type
2.2.2. By Service
2.2.3. By Industry Vertical
2.2.4. By Region
3. Global ITAD Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global ITAD Market Dynamic Factors - Impact Analysis
3.6. Global ITAD Market - Competition Landscape
4. Global ITAD Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global ITAD Market, By Asset Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Computer
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Laptops
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Servers
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Storage Devices
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Peripherals
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global ITAD Market, By Service, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Data Destruction
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Recycling
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Reverse Logistics
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Remarketing & Value Recovery
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Logistics Management
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
7. Global ITAD Market, By Industry Vertical, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1. Aerospace & Defense
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Energy &Power
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. BFSI
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Telecom & IT
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Media & Entertainment
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Automotive
7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
7.7. Others
7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.7.3. Market Opportunity Analysis
8. Global ITAD Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global ITAD Market - Opportunity Analysis Index By Asset Type, Service, Industry Vertical, and Region, 2024 - 2030
9. North America ITAD Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. Asset Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Computer
9.1.2. Laptops
9.1.3. Servers
9.1.4. Storage Devices
9.1.5. Peripherals
9.2. Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Data Destruction
9.2.2. Recycling
9.2.3. Reverse Logistics
9.2.4. Remarketing & Value Recovery
9.2.5. Logistics Management
9.2.6. Others
9.3. Industry Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Aerospace & Defense
9.3.2. Energy &Power
9.3.3. BFSI
9.3.4. Telecom & IT
9.3.5. Media & Entertainment
9.3.6. Automotive
9.3.7. Others
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. U.S.
9.4.2. Canada
9.5. North America ITAD Market - Opportunity Analysis Index By Asset Type, Service, Industry Vertical, and Country, 2024 - 2030
9.6. North America ITAD Market Dynamics - Trends
10. Europe ITAD Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. Asset Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Computer
10.1.2. Laptops
10.1.3. Servers
10.1.4. Storage Devices
10.1.5. Peripherals
10.2. Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Data Destruction
10.2.2. Recycling
10.2.3. Reverse Logistics
10.2.4. Remarketing & Value Recovery
10.2.5. Logistics Management
10.2.6. Others
10.3. Industry Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Aerospace & Defense
10.3.2. Energy &Power
10.3.3. BFSI
10.3.4. Telecom & IT
10.3.5. Media & Entertainment
10.3.6. Automotive
10.3.7. Others
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe ITAD Market - Opportunity Analysis Index, By Asset Type, Industry Vertical, and Country, 2024 - 2030
10.6. Europe ITAD Market Dynamics - Trends
11. Asia Pacific ITAD Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn
11.1. Asset Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Computer
11.1.2. Laptops
11.1.3. Servers
11.1.4. Storage Devices
11.1.5. Peripherals
11.2. Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Data Destruction
11.2.2. Recycling
11.2.3. Reverse Logistics
11.2.4. Remarketing & Value Recovery
11.2.5. Logistics Management
11.2.6. Others
11.3. Industry Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Aerospace & Defense
11.3.2. Energy &Power
11.3.3. BFSI
11.3.4. Telecom & IT
11.3.5. Media & Entertainment
11.3.6. Automotive
11.3.7. Others
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific ITAD Market - Opportunity Analysis Index, By Asset Type, Industry Vertical, and Country, 2024 - 2030
11.6. Asia-Pacific ITAD Market Dynamics - Trends
12. Latin America ITAD Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn
12.1. Asset Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Computer
12.1.2. Laptops
12.1.3. Servers
12.1.4. Storage Devices
12.1.5. Peripherals
12.2. Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Data Destruction
12.2.2. Recycling
12.2.3. Reverse Logistics
12.2.4. Remarketing & Value Recovery
12.2.5. Logistics Management
12.2.6. Others
12.3. Industry Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Aerospace & Defense
12.3.2. Energy &Power
12.3.3. BFSI
12.3.4. Telecom & IT
12.3.5. Media & Entertainment
12.3.6. Automotive
12.3.7. Others
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America ITAD Market - Opportunity Analysis Index, By Type, Industry Vertical, and Country, 2024 - 2030
12.6. Latin America ITAD Market Dynamics - Trends
13. Middle East and Africa ITAD Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. Asset Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Computer
13.1.2. Laptops
13.1.3. Servers
13.1.4. Storage Devices
13.1.5. Peripherals
13.2. Service Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Data Destruction
13.2.2. Recycling
13.2.3. Reverse Logistics
13.2.4. Remarketing & Value Recovery
13.2.5. Logistics Management
13.2.6. Others
13.3. Industry Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Aerospace & Defense
13.3.2. Energy &Power
13.3.3. BFSI
13.3.4. Telecom & IT
13.3.5. Media & Entertainment
13.3.6. Automotive
13.3.7. Others
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA ITAD Market - Opportunity Analysis Index, By Asset Type, Service, Industry Vertical, and Country, 2024 - 2030
13.6. MEA ITAD Market Dynamics - Trends
14. Competition Landscape
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Produce & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Hewlett Packard Enterprise
14.2.2. IBM
14.2.3. Dell Inc.
14.2.4. Sims Lifecycle Services, Inc.
14.2.5. DXC Technology
14.2.6. Iron Mountain Incorporated
14.2.7. Apto Solutions Inc.
14.2.8. ITRenew Inc.
14.2.9. TES (Singapore) Pte Ltd.
14.2.10. LifeSpan International Inc.
14.2.11. Arrow Electronics
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

  • Hewlett Packard Enterprise
  • IBM
  • Dell Inc.
  • Sims Lifecycle Services, Inc.
  • DXC Technology
  • Iron Mountain Incorporated
  • Apto Solutions Inc.
  • ITRenew Inc.
  • TES (Singapore) Pte Ltd.
  • LifeSpan International Inc.
  • Arrow Electronics

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