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IT Asset Disposition (ITAD) Market Share

Report ID: GMI6549
Published Date: Aug 2024
Report Format: PDF

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IT Asset Disposition Market Share

IBM Corporation and Dell Inc. hold a significant market share of over 10% in the IT asset disposition industry in 2023. IBM offers end-to-end IT asset disposition services, including data destruction, asset recovery, and environmentally responsible recycling. This approach appeals to large enterprises needing a one-stop solution for IT asset management. Furthermore, the company focuses on secure data destruction, adhering to rigorous data protection standards to meet the rising concerns about data security and compliance.

Dell offers a Reconnect program that encourages consumers to recycle their old electronics responsibly. This initiative supports Dell’s commitment to sustainability and helps drive its ITAD efforts. Also, the company focuses on closed-loop recycling to recover valuable materials from old IT assets and reuse them in new products, aligning with circular economy principles.

IT Asset Disposition Market Companies

Major companies operating in the IT asset disposition industry are:

Apto Solutions
Dell Inc.
DMD Systems Recovery Inc.
Exit Technologies
Hewlett Packard Enterprise (HPE)
IBM Corporation
Iron Mountain Incorporated
Sims Recycling Ltd.
Technimove
TES-AMM (Singapore) Pte Ltd

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of IT asset disposition (ITAD) reached USD 15.4 billion in 2023 and may record over 8% CAGR from 2024 to 2032, due to the growing presence of stringent regulations regarding the disposal and recycling of electronic waste (e-waste)

The large enterprises segment recorded over 65% share of the market in 2023 owing to extensive IT infrastructure

North America held 34% share of the market in 2023 driven by presence of robust environmental regulations that mandate proper recycling and disposal of electronic waste

IBM Corporation, Iron Mountain Incorporated, Exit Technologies, Sims Recycling Ltd., Technimove, Dell Inc., Hewlett Packard Enterprise Development LP, Arrow Electronics, and TES-AMM Pte Ltd. are some of the major ITAD companies worldwide