North America 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 North America IT Asset Disposition Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
The expanding area of the ITAD market is IT asset recovery, a specialized profession within IT asset disposition that focuses on recovering the most value from surplus or retiring technology. Even companies that don't directly deal in technology-related items must now incorporate technology into their operations. Businesses, consumer interactions, and, most critically, the storage of data—much of it private or sensitive—all depend on technology and software.
But every piece of IT hardware has a lifecycle that eventually ends. Either the equipment malfunctions completely or the company decides to switch to a more advanced model that offers superior functionality, strength, and other desirable qualities. Whatever the cause, every organization must eventually dispose of hardware responsibly.
EPA (or the Agency) is making conformance changes to the rules that govern twelve hazardous waste import-export recovery and disposal operations included in movement documents accompanying export and import shipments as well as toxic waste export and import notices submitted by U.S. exporters and importers to EPA. As a result of changes to the regulations relating to Canadian import-export waste recovery and treatment operations codified in the Canada Gazette Part II of March 17, 2021, which are to become effective in Canada on October 31, 2021, regulations relating to these twelve operations must be altered
The US market dominated the North America IT Asset Disposition Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,291.6 million by 2028. The Canada market is poised to grow at a CAGR of 10.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.5% 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 U.S., Mexico, Canada, and Rest of North America.
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
- Rest of North America
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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