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Data Center IT Asset Disposition Market Share

Report ID: GMI8405
Published Date: Mar 2024
Report Format: PDF

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Data Center IT Asset Disposition Market Share

Iron Mountain Incorporated and Sims Lifecycle Services hold over 25% market share in the data center IT asset disposition industry. Companies in the data center IT asset disposition industry employ several key strategies to enhance their market foothold. Iron Mountain Incorporated provides comprehensive IT asset disposition services covering secure data destruction, hardware decommissioning, asset remarketing, and environmentally responsible recycling. These services are designed to optimize value recovery while reducing environmental footprint. Additionally, Iron Mountain offers tailored IT asset disposition programs to meet the unique needs and compliance standards of enterprise clients, including initiatives like data center decommissioning, equipment redeployment, and technology refresh projects.

Sims Lifecycle Services prioritizes refurbishment and remarketing expertise to maximize the value derived from retired IT assets. They specialize in refurbishing functional equipment for resale in secondary markets and recovering residual value for clients. Leveraging their proficiency in asset evaluation, testing, and certification, they identify marketable assets, evaluate market demand, and establish optimal pricing strategies for refurbished IT hardware.

Data Center IT Asset Disposition Market Companies

Major players operating in the data center IT asset disposition industry are:

Apto Solutions, Inc.
CXtec Inc.
Dell Inc.
Hewlett Packard Enterprise
International Business Machines Corporation
IRON Global, Inc.
Iron Mountain Incorporated
LifeSpan International, Inc.
Sims Lifecycle Services
TES-AMM Pte Ltd.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Market size for data center IT asset disposition was USD 11.4 billion in 2023 and is expected to register over 9% CAGR from 2024-2032 owing to the increasing demand for data center consolidation and cloud adoption worldwide.

Data center IT asset disposition market from the large enterprises segment recorded 68% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to being frequently subjected to more stringent data security and privacy compliance rules.

North America industry held over 36% share in 2023 and is expected to a commendable CAGR from 2024-2032 due to the presence of cutting-edge technological advancement, and early adoption of new technology in the region.

Dell Inc., Hewlett Packard Enterprise, International Business Machines Corporation, IRON Global, Inc., Iron Mountain Incorporated, LifeSpan International, Inc., Sims Lifecycle Services, and TES-AMM Pte Ltd., are some of the major data center IT asset disposition companies worldwide.