IT Asset Disposition (ITAD) Market Size - By Asset type (Computers/Laptops, Smartphones and Tablets, Peripherals, Storages, Servers), Enterprise size (SMEs, Large Enterprises), Industry Vertical, Services & Global Forecast, 2023 – 2032
Published Date: April - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Media and IT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIT Asset Disposition (ITAD) Market Size
IT Asset Disposition Market size was USD 14.5 billion in 2022 and is expected to achieve a CAGR of 8% during the forecast period from 2023 to 2032. Strict implementation of data protection laws, including general data protection regulation, forces companies to implement careful data erasure and secure disposal of IT assets. The threat of heavy fines due to non-compliance fuels the need for professional ITAD services. This is one of the key drivers of market growth since companies focus on protecting sensitive data while disposing of it to avoid data breaches and ensure regulatory compliance.
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The increasing requirement to avoid data leaks and breaches is a major catalyst for the growth of the market. ITAD services provide the skill in safe data destruction, which guarantees that confidential information is fully erased from retired IT assets. With more stringent data privacy laws and more expensive breaches, companies look for trusted ITAD solutions to minimize risks. Increased concern for data security drives demand for professional ITAD services, driving the market growth.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| IT Asset Disposition Market Size in 2022 | USD 14.5 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 8% |
| 2032 Value Projection | USD 31.4 Billion |
| Historical Data for | 2018 – 2022 |
| No. of Pages | 220 |
| Tables, Charts & Figures | 351 |
| Segments covered | Asset type, Services, Enterprise size, Industry Vertical |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Safe and effective e-waste recycling & disposal of e-waste generated by IT assets are some key concerns to the IT asset disposition market. E-waste is filled with toxic materials that may damage the environment & human health if disposed of inappropriately. The infrastructure to dispose of e-waste in a safe manner is not available in most areas, so improper disposal activities are done through informal recycling, incineration or landfilling that emit toxic materials into the air, land & water. Investment in specialized recycling units and creating awareness on proper e-waste disposal is needed to meet these issues.
COVID-19 Impact
The IT asset disposal market was influenced by the COVID-19 pandemic in multiple forms. Remote workplace conditions resulted in increased technology penetration, which brought faster equipment obsolescence. Yet, physical issues and facility limitations hampered adequate disposal & recycling. The threat to data security increased, as remote gadgets were exposed to vulnerability. Finally, economic pressures also led to deferring the investments in ITAD by a few organizations. Generally, the COVID-19 pandemic emphasized that the rapidly changing environments need to be addressed using flexible & secure ITAD schemes.
IT Asset Disposition (ITAD) Market Trends
The setup of ITAD facilities, offering specialized infrastructure to manage the sophisticated process of retiring and disposing of IT assets is fueling a huge market growth. For example, in August 2023, TES, an IT lifecycle solutions company, made a move to build a new IT Asset Disposition facility in Virginia, U.S. Spanning across a vast land area of 128,000 square feet (11,900 square meters), the facility will be dedicated to processing ITAD data center assets alone. These programs ensure that the electronic waste is handled properly, strengthen data protection, and help organizations comply with regulatory needs to promote market growth.
IT Asset Disposition (ITAD) Market Analysis
Know more about the significant segments that define this market
The large enterprises segment accounted for more than 65% of the IT asset disposition market share in 2022. The large enterprises have a vast IT infrastructure that creates a greater amount of retired assets, and therefore, there is a requirement for effective disposition solutions. It tends to have the resources to put in place robust ITAD processes, maintaining data security, regulatory compliance, and environmentally friendly practices. Additionally, large organizations tend to place more emphasis on corporate social responsibility and sustainability, which are aligned with the ethical disposal & recycling practices prioritized in the market.
Learn more about the most important segments influencing this market
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The computer/laptops segment contributed 25% of the IT asset disposition market share in 2022, attributed to the growing trend of remote work and the growing importance of mobility. As organizations shift to more flexible work arrangements, laptops have become vital tools for employees to retain productivity across locations. The migration is fueling the pace of laptop adoption and obsolescence. Therefore, laptop retirement and proper disposition are taking center stage, calling for sound ITAD practices to preserve data security, regulatory compliance, and environmental sustainability.
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In 2022, North America led the IT asset disposal (ITAD) market, garnering more than 34% of the overall revenue. This boom can be traced to the increased number of ITAD facilities within the region. These facilities have top-notch infrastructure to manage the intricate process of retiring and disposing of IT assets. Just consider TES, a worldwide leader in environmentally responsible ITAD and IT lifecycle management solutions. In March 2023, they opened a sprawling 40,000-square-foot facility in Las Vegas. This expansion not only increased their processing capacity but also enabled them to provide a full suite of ITAD services specifically designed for the needs of tech companies on the Western Coast.
IT Asset Disposition (ITAD) Market Share
Major companies operating in the ITAD market are
- IBM Corporation
- Iron Mountain Incorporated
- Exit Technologies
- Sims Recycling Ltd.
- Technimove
- Dell Inc.
- Hewlett Packard Enterprise Development LP
- Arrow Electronics
- TES-AMM Pte Ltd.
- LifeSpan International
The competitive landscape of the market is characterized by various players offering services related to data security, recycling & value recovery and competing for market shares.
IT Asset Disposition (ITAD) Industry News
- In January 2022, Iron Mountain Incorporated acquired ITRenew, a provider of mission-critical data center lifecycle management solutions. The acquisition enabled Iron Mountain to provide end-to-end services to the corporate data center, hyperscale & corporate end-user device segments.
The IT Asset Disposition (ITAD) market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments
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Market, By Asset Type
- Computers/Laptops
- Smartphones and Tablets
- Peripherals
- Storages
- Servers
- Others
Market, By Services
- Reverse Logistics
- Data Destruction
- Remarketing
- Value Recovery
- De-Manufacturing
- Recycling
- Logistics Management
- Others
Market, By Enterprise Size
- SMEs
- Large enterprises
Market, By Industry Vertical
- BFSI
- Healthcare
- IT & Telecommunication
- Government
- Energy & Utilities
- Media & Entertainment
- Others
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- ANZ
- Singapore
- Latin America
- Brazil
- Mexico
- Argentina
- MEA
- South Africa
- UAE
- Saudi Arabia
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