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The IT asset disposition market is expected to witness market growth at a rate of 8.18% in the forecast period of 2021 to 2028. Data Bridge Market Research report on IT asset disposition market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand from various industry verticals is escalating the growth of IT asset disposition market.
The increase in need for data and information security in old assets acts as one of the major factors driving the growth of IT asset disposition market. The prevalence of regulations that mandate secure and environmentally compliant disposal of e-waste is contributing, and implementation of regulatory compliances and environment safety accelerate the market growth. The rise in demand for IT asset disposition from small and medium-sized enterprises, and increase in inclination toward development of energy-efficient products further influence the market. Additionally, increase in investments, expansion of end use industries, adoption of cloud-based technologies and use of new technologies and BYOD trend positively affect the IT asset disposition market. Furthermore, strategic partnerships and acquisitions, and increase in sales of old equipment on auction websites or to employees extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
IT Asset Disposition Market Segmentations:
- On the basis of service, the IT asset disposition market is segmented into de-manufacturing and recycling, remarketing and value recovery, data destruction/data sanitization, logistics management and reverse logistics and others. Data destruction/data sanitization is further segmented into on-site data destruction and off-site data destruction. Other service is further segmented into on-site equipment audit solution and online client’s portal.
- On the basis of asset type, the IT asset disposition market is segmented into computers/laptops, servers, mobile devices, storage devices and peripherals. Peripherals are further segmented into networking devices and I/O devices.
- On the basis of organization size, the IT asset disposition market is segmented into small and medium enterprises, and large enterprises.
- On the basis of end user, the IT asset disposition market is segmented into banking, financial services, and insurance (BFSI), IT & telecom, educational institutions, healthcare industry, media & entertainment, aerospace and defense, public sector and government offices, manufacturing and others. Others are further segmented into energy and utility, construction and real estate and logistics and transportation.
IT Asset Disposition Market Regions:
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of L.A.)
- Middle East and Africa (Turkey, GCC, Rest of Middle East)
Leading Key Players Operating in the IT Asset Disposition Market Includes:
The major players covered in the IT asset disposition market report are Hewlett Packard Enterprise Development LP, IBM Corporation, Iron Mountain Incorporated, Apto Solution, Inc., TBS Industries Inc., ITRenew Inc., TES (Singapore) Pte Ltd., Lifespan International Inc., Ingram Micro, Inc., Arrow Electronics, Inc., Dell Inc., and SIMS Recycling Solutions,Inc, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Browse TOC with Facts and Figures@ https://www.databridgemarketresearch.com/toc/?dbmr=global-it-asset-disposition-market
Competition for the IT Asset Disposition industry definitely has grown, with supply and demand in the last decade becoming increasingly trendy. This study presents a thorough analysis of the many scales, relative sizes, products offered, and market positions of various small, medium, and micro companies in the pre-and following-pandemic sector. The study also gives an overview of the strategy of competitors for business and corporate offices and functions. The study also discusses activities, infrastructure for technology, marketing strategy, and financial capacities. The report therefore offers owners and stakeholders a comprehensive picture of the market.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider IT Asset Disposition market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The IT Asset Disposition market section of the report gives context. It compares the IT Asset Disposition market with other segments of the machinery market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, IT Asset Disposition indicators comparison.
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