Asia Pacific IT Asset Disposition Market Size, Share & Industry Trends Analysis Report By Asset Type (Computers/Laptops, Mobile Devices, Storage Devices, Servers, and Peripherals), By Service, By Organization Size, By End User, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific IT Asset Disposition Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
Other businesses, meanwhile, have demonstrated greater success in meeting their clients' ITAD demands. A multinational technology business called Ingram Micro also provides supply chain, shipping, and training services in addition to ITAD. It has been demonstrated by Ingram Micro ITAD that big businesses can occasionally manage ITAD effectively.
Another well-liked option is IT Renew, which focuses on increasing the lifetime value of IT assets from purchase to usage to disposal at the end of their useful life. Magnets may be incredibly harmful to hard drives and other data storage devices. Degaussing is a method that ITAD businesses employ to their benefit. Degaussing is the process of interfering with a storage device's magnetic field with a strong magnet, rendering any attempt to read the data stored within impossible.
Depending on the kind of device that data needs to be deleted, many degaussers can be used to complete this operation. Technique useful offers the most desirable benefit of ensuring complete data recoverability. All sensitive data on a hard drive that has been properly will be destroyed. As a result, when it comes to erasing a hard disc that contains the most private information, degaussing is frequently the option of choice.
A paradigm shift in the teaching and learning process has emerged in India as a result of the country's fast-growing education technology industry. It is now necessary to use virtual classrooms, online learning, video conferencing, and online proctoring using artificial intelligence-assisted technology due to the shifting nature of education from classrooms to linked devices. The success of the EduTech sector is influenced by a variety of factors, including parents' greater awareness and involvement, teachers' ability to adapt to change, and students' active participation.
The China market dominated the Asia Pacific IT Asset Disposition Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,920.6 million by 2028. The Japan market is estimated to grow a CAGR of 8.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.6% during (2022 - 2028).
Based on Asset Type, the market is segmented into Computers/Laptops, Mobile Devices, Storage Devices, Servers, and Peripherals. Based on Service, the market is segmented into Data Destruction/Data Sanitation, De-Manufacturing & Recycling, Remarketing & Value Recovery, Logistics Management & Reverse Logistics, and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on End User, the market is segmented into BFSI, IT & Telecom, Healthcare, Education, Public Sector & Government Offices, Manufacturing, Aerospace & Defense, Media & Entertainment, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sims Limited, Iron Mountain Incorporated, 3Step IT Group Oy, Dell Technologies, Inc., Hewlett-Packard enterprise Company, IBM Corporation, TES – Sustainable Technology Lifecycle Solutions, Apto Solutions, Inc., LifeSpan International, Inc. (Bluum Technology), and CompuCom Systems, Inc. (Variant Equity Advisors).
Scope of the Study
Market Segments Covered in the Report:
By Asset Type
- Mobile Devices
- Storage Devices
- Data Destruction/Data Sanitation
- De-Manufacturing & Recycling
- Remarketing & Value Recovery
- Logistics Management & Reverse Logistics
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises
By End User
- IT & Telecom
- Public Sector & Government Ofiices
- Aerospace & Defense
- Media & Entertainment
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Sims Limited
- Iron Mountain Incorporated
- 3Step IT Group Oy
- Dell Technologies, Inc.
- Hewlett-Packard enterprise Company
- IBM Corporation
- TES – Sustainable Technology Lifecycle Solutions
- Apto Solutions, Inc.
- LifeSpan International, Inc. (Bluum Technology)
- CompuCom Systems, Inc. (Variant Equity Advisors)
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