IT Asset Disposition (ITAD) Market 2020: Global Analysis, Industry Growth, Current Trends and Forecast till 2025
Research Reports
Jan 14, 2021
Updated Research Report of IT Asset Disposition (ITAD) Market 2020-2025:
Summary:
Wiseguyreports.Com Adds “IT Asset Disposition (ITAD) – Market Demand, Growth, Opportunities, Manufacturers and Analysis of Top Key Players to 2025” To Its Research Database.
Overview
Amid the COVID-19 crisis, the global market for IT Asset Disposition (ITAD) estimated at US$11.6 Billion in the year 2020, is projected to reach a revised size of US$20.7 Billion by 2025, growing at a CAGR of 8.6% over the analysis period 2020-2025. Remarketing & Value Recovery, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the De-Manufacturing & Recycling segment is readjusted to a revised 8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 11.7% CAGR
The IT Asset Disposition (ITAD) market in the U.S. is estimated at US$4.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2025 trailing a CAGR of 11.7% over the analysis period 2020 to 2025. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 8.5% respectively over the 2020-2025 period. Within Europe, Germany is forecast to grow at approximately 7.5% CAGR.
Data Destruction/Data Sanitization Segment to Record 9.1% CAGR
In the global Data Destruction/Data Sanitization segment, USA, Canada, Japan, China and Europe will drive the 9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.7 Billion in the year 2020 will reach a projected size of US$3.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2 Billion by the year 2025.We bring years of research experience to this 6th edition of our report. The 281-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Segmentation by type: breakdown data from 2015 to 2020 in Section 2.3; and forecast to 2025 in section 10.7.
De-Manufacturing and Recycling
Remarketing and Value Recovery
Data Destruction/Data Sanitization
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 10.8.
BFSI
Government & Public
IT & Telecom
Aerospace & Defense
Healthcare
Media and Media and Entertainment
Other
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Arrow Electronics, Inc.
Apto Solutions, Inc.
Sims Recycling Ltd.
HPE
Atlantix Global Systems
IBM
Dell Inc.
Iron Mountain Incorporated.
ITRenew Inc.
GEEP
CloudBlue
LifeSpan International, Inc.
TES-AMM Pte Ltd.
Dataserv
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Major Key Points in Table of Content
1 Scope of the Report
2 Executive Summary
3 Global IT Asset Disposition (ITAD) by Players
4 IT Asset Disposition (ITAD) by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global IT Asset Disposition (ITAD) Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
Continued………
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Note:
Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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