IT Asset Disposition (ITAD) Market Aggrandizes To USD 27 Billion by 2025 With 12% of CAGR Worldwide; Asserts MRFR
Global IT Asset Disposition (ITAD) Market Research Report: By Asset Type (Computer, Mobile Devices, Servers, Storage Devices, and Peripherals), Service (Data Destruction, Recycling, Reverse Logistics, De-Manufacturing, Remarketing & Value Recovery), Organization Size (SMEs and Large Enterprise) and Industry Vertical (Aerospace & Defense, Energy and Power, Pharmaceutical, Oil & Gas, Food & Beverages, Chemical, Automotive, and Others - Forecast till 2025
Market Insights
Global IT Asset Disposition (ITAD) Market 2020 study by Market Research Future offers comprehensive analysis by saying that the market is anticipated to witness significant momentum of USD 27 Billion during the years from 2019 to 2025. The growth rate is prone to be 12% of CAGR in the anticipated period, owing to the trend of BYOD, which is keeping shares of the most prominent players in this landscape. Along with this, in-depth commentary on the key influencing factors, market statistics in terms of revenues, segmental data, and regional data are equally offered in the study that captures all the facets of the global IT asset disposition market.
Top Impacting Factors
The development in the adoption of technology has led to the mass manufacturing of several products, thus lessening the cost of much IT equipment and leading to the surging adoption of technology in emerging regions. The reception and implementation of technology are pivotal for the determination of the success of many industries in existence. As more consumers adopt technology such as Smartphones as a tool for universal use in their everyday life, the potential for the growth of the IT asset disposition market increases.
On the contrary, the factor of lack of comprehensive IT asset disposition policy might hamper the overall growth of the IT Asset Disposition (ITAD) Market at a global level.
Market Segmentation
Global IT Asset Disposition (ITAD) market, as per the study, has been segmented among service, asset type, industry vertical, and organization size.
By the segment of asset type, the market includes mobile devices, computers, storage devices, servers, and peripherals. The mobile devices segment might exhibit the highest CAGR owing to the rising number of Smartphones and tablets for work under the growing popularity of BYOD.
By the segment of service, the market has included recycling, data destruction, de-manufacturing, reverse logistics, logistics management, remarketing & value recovery, and remarking.
By the segment of the organization, the market includes small, medium, and large enterprises. Among these, small and medium enterprise segments might record the higher CAGR during the forecast period in support of the growing trend of BYOD at workplaces.
By the segment of industry vertical, the market has included IT & telecom, BFSI, aerospace & defense, education, media & entertainment, manufacturing, and others. Wherein the media & entertainment industry, might exhibit the highest CAGR during the forecast period.
Major Key Players:
· Dell (US)
· IBM Corporation (US)
· Arrow Electronics (US)
· HP (US)
· Sims Recycling Solutions Inc.(India)
· CloudBlue (US)
· Apto Solutions
· TBS Industries Inc. (US)
· Tes-Amm India Pvt. Ltd (India)
· ITRenew (US)
· EOL IT Services (UK)
· GreenTek Reman Pvt. Ltd (India)
· Maxicom Network Inc (India)
· Exit Technologies (France)
· Iron Mountain Incorporated (US)
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/it-asset-disposition-market-1002
Regional Outlook
The geological analysis of the global IT Asset Disposition (ITAD) market has been conducted for the key regions of Europe, North America, the Middle East & Africa, Asia-Pacific, and South America.
Among these, the region of North America is leading the global IT Asset Disposition (ITAD) market owing to the existence of early adopters of the latest technologies. Besides, giant companies such as Dell, IBM Corporation, Arrow Electronics, HP, and Cloud Blue are leading the IT Asset Disposition (ITAD) markets in this region. These are some of the factors accountable for the augmentation of the global IT Asset Disposition (ITAD) market during the assessment period.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued…
List of Tables
Table 1 Global IT Asset Disposition (ITAD) Market, By Region, 2019–2025
Table 2 North America: IT Asset Disposition (ITAD) Market, By Country, 2019–2025
Table 3 Europe: IT Asset Disposition (ITAD) Market, By Country, 2019–2025
Continued…
LIST OF FIGURES
FIGURE 1 Global IT Asset Disposition (ITAD) Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of The Global IT Asset Disposition (ITAD) Market
Continued…
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