LAMEA 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 Latin America, Middle East and Africa IT Asset Disposition Market would witness market growth of 12.0% CAGR during the forecast period (2022-2028).
The actual physical destruction of the hardware that the data is stored on is another method of data destruction. Hardware can be burned, shredded, or otherwise destroyed as long as the media is rendered entirely unreadable and unsalvageable. Complete physical destruction provides the highest level of certainty when it comes to the destruction of data.
Overwriting software is the act of erasing data by adding new data on top of it. The act of overwriting utilizes the storage that the original data previously occupied to make room for the new, erasing any remnants or, at the absolute least, rendering it completely unreadable or inaccessible.
Data overwriting, which may also be referred to as data wiping depending on the situation, is a useful technique for erasing private information from a hard disc or another storage device. In some circumstances, a single overwrite may be sufficient to completely remove data from a device. In some circumstances, businesses might want to use numerous overwrites to further ensure total data deletion.
Education is a key goal of the government to create a varied, knowledge-based economy and reduce reliance on oil. The building of a top-notch educational system is strongly emphasized in the UAE Vision 2021, which was unveiled in 2010. As a result, this industry keeps expanding quickly. 16.3% of the $16 billion government budget for the country in 2022 will go toward education. To strengthen the employment market, the UAE has also created a "National Strategy for Higher Education 2030," which intends to give future generations of students practical and technical skills.
The Brazil market dominated the LAMEA IT Asset Disposition Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $451.3 million by 2028. The Argentina market is estimated to grow a CAGR of 12.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 11.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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