Global IT Asset Disposition Market Key Growth Factor Analysis & Research Study 2027
Posted by Karthik Pilla on August 8th, 2022
Bharat Book Bureau Provides the Trending Market Research Report on “IT Asset Disposition Market by Service Type, Asset Type (Computers/Laptops, Servers, Mobile Devices, Storage Devices, Peripherals), Organization Size (Small and Medium-sized Enterprises, Large Enterprises), End User and Region- Global Forecast to 2027” under Consumer Goods Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence, and Market reports.
IT Asset Disposition Market size is valued at USD 15.5billion in 2022and is anticipated to be USD 23.5billion by 2027; growing at a CAGR of 8.7% from 2022 to 2027. The growing demand of factors such as need for data and information security in old assets to grow the market at an estimated rate.
Surge in data breaches has forced data center providers to dispose of IT assets before decommissioning
The components of servers include Central Processing Units (CPUs), high-performance RAMs, and one or more hard drives. Recycling a decommissioned server involves taking apart hardware and components, including drives, memory, fans, power supply, and network adapter cards that can be used again. If the chassis or board is too old or too damaged for reuse and resale, it is recycled responsibly with a qualified electronics recycling vendor.
Need to comply with regulatory compliances meant for environment safety
there is a growing awareness among people toward the need to protect the environment. This has led to the growing acceptance of appropriate processes and methods for the disposal of waste. One of the most environmentally harmful components of waste is e-waste, which requires proper care and safety for its appropriate disposal and destruction, creating a demand for IT asset disposition services. Thus, many companies are implementing green technologies as a step toward environmental safety, which is also driving the IT asset disposition market.
The breakup of primaries conducted during the study is depicted below:
The key players operating in the IT asset disposition market include few globally established players such as Dell Technologies (US), Hewlett Packard Enterprise (US), IBM (US), Sims Limited (Australia), Iron Mountain (US), 3Step IT(Finland), TES (Singapore), and Apto Solutions (US).
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About the AuthorKarthik Pilla
Joined: March 29th, 2019
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