The Europe IT Asset Disposition Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Several factors, from environmental protection to data security, can make the correct disposal of IT assets considerably more difficult. Providers of ITAD services step in to help with it. Information technology asset disposition, or ITAD, is a self-contained industry that assists businesses in safely getting rid of their old equipment while maintaining cost-effectiveness and data security.
Another factor contributing to ITAD's rise to prominence among enterprises is the expansion of the IT and data security sectors in tandem with the shift toward a more technologically dependent society. Nearly all categories of IT sales have increased, and this trend is only anticipated to persist in the future. Overall, this means that companies cannot afford to be caught without the need for a strategy for managing hardware assets and disposing of IT assets.
It has never been more crucial to plan for the whole life cycle of the company's technical assets. A whole industry has developed around it to meet the needs of these various organizations as the demand for reliable IT asset disposition has increased among enterprises throughout the globe. Depending on the caliber of their offerings and their prowess in navigating the several facets of ITAD that matter most, businesses from all over the world have entered the ITAD market with varying degrees of success.
The largest economy in the European Union is Germany (EU). Germans are educated, and having lived abroad is regarded as advantageous for both the work market and pursuing higher education. According to the Open Doors 2021 report, COVID-19 had a generally unfavorable impact on foreign enrollment in the United States, with a 15% decrease in higher education compared to 2019/2020. The proportion of German students enrolled in higher education has drastically fallen when compared to the previous academic year.
The Germany market dominated the Europe IT Asset Disposition Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,552.7 million by 2028. The UK market is anticipated to grow a CAGR of 7.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global IT Asset Disposition Market will Hit $23.8 Billion by 2028, at a CAGR of 8.5%
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
- Computers/Laptops
- Mobile Devices
- Storage Devices
- Servers
- Peripherals
By Service
- Data Destruction/Data Sanitation
- De-Manufacturing & Recycling
- Remarketing & Value Recovery
- Logistics Management & Reverse Logistics
- Others
By Organization Size
- Large Enterprises
- Small & Medium-sized Enterprises
By End User
- BFSI
- IT & Telecom
- Healthcare
- Education
- Public Sector & Government Ofiices
- Manufacturing
- Aerospace & Defense
- Media & Entertainment
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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)
TABLE 1 Europe IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 2 Europe IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 3 Europe IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 4 Europe IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 5 Europe Computers/Laptops Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Computers/Laptops Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Mobile Devices Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Mobile Devices Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Storage Devices Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Storage Devices Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Servers Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Servers Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Peripherals Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Peripherals Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 16 Europe IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 17 Europe Data Destruction/Data Sanitation Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Data Destruction/Data Sanitation Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe De-Manufacturing & Recycling Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe De-Manufacturing & Recycling Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Remarketing & Value Recovery Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Remarketing & Value Recovery Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Logistics Management & Reverse Logistics Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Logistics Management & Reverse Logistics Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 28 Europe IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 29 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Small & Medium-sized Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Small & Medium-sized Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 34 Europe IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 35 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe Education Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Education Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Public Sector & Government Ofiices Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Public Sector & Government Ofiices Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Aerospace & Defense Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Aerospace & Defense Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe IT Asset Disposition Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe IT Asset Disposition Market by Country, 2022 - 2028, USD Million
TABLE 55 Germany IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 56 Germany IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 57 Germany IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 58 Germany IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 59 Germany IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 60 Germany IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 61 Germany IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 62 Germany IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 63 Germany IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 64 Germany IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 65 UK IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 66 UK IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 67 UK IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 68 UK IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 69 UK IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 70 UK IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 71 UK IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 72 UK IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 73 UK IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 74 UK IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 75 France IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 76 France IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 77 France IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 78 France IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 79 France IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 80 France IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 81 France IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 82 France IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 83 France IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 84 France IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 85 Russia IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 86 Russia IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 87 Russia IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 88 Russia IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 89 Russia IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 90 Russia IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 91 Russia IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 Russia IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 Russia IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 94 Russia IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 95 Spain IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 96 Spain IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 97 Spain IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 98 Spain IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 99 Spain IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 100 Spain IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 101 Spain IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 102 Spain IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 103 Spain IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 104 Spain IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 105 Italy IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 106 Italy IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 107 Italy IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 108 Italy IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 109 Italy IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 110 Italy IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 111 Italy IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 112 Italy IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 113 Italy IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 114 Italy IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 115 Rest of Europe IT Asset Disposition Market, 2018 - 2021, USD Million
TABLE 116 Rest of Europe IT Asset Disposition Market, 2022 - 2028, USD Million
TABLE 117 Rest of Europe IT Asset Disposition Market by Asset Type, 2018 - 2021, USD Million
TABLE 118 Rest of Europe IT Asset Disposition Market by Asset Type, 2022 - 2028, USD Million
TABLE 119 Rest of Europe IT Asset Disposition Market by Service, 2018 - 2021, USD Million
TABLE 120 Rest of Europe IT Asset Disposition Market by Service, 2022 - 2028, USD Million
TABLE 121 Rest of Europe IT Asset Disposition Market by Organization Size, 2018 - 2021, USD Million
TABLE 122 Rest of Europe IT Asset Disposition Market by Organization Size, 2022 - 2028, USD Million
TABLE 123 Rest of Europe IT Asset Disposition Market by End User, 2018 - 2021, USD Million
TABLE 124 Rest of Europe IT Asset Disposition Market by End User, 2022 - 2028, USD Million
TABLE 125 Key Information – Sims Limited
TABLE 126 key Information – Iron Mountain Incorporated
TABLE 127 Key Information – 3Step IT Group Oy
TABLE 128 Key Information – Dell Technologies, Inc.
TABLE 129 key information – Hewlett Packard Enterprise Company
TABLE 130 Key information – IBM Corporation
TABLE 131 Key Information – TES – Sustainable Technology Lifecycle Solutions
TABLE 132 Key Information – Apto Solutions, INC.
TABLE 133 Key InforTmation – LifeSpan International Inc.
TABLE 134 Key information – CompuCom Systems, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Sims Limited
FIG 3 SWOT Analysis: Dell Technologies, Inc.
FIG 4 SWOT analysis: Hewlett-Packard enterprise Company
FIG 5 Swot analysis: IBM Corporation