Global IT Equipment Disposal Market Overview
Prophecy Market Insights has recently published its insights on “Global IT Equipment Disposal Market” for the forecast period of 2018-2029. The market is segmented into By Type (Computer Equipment and Servers), By Application (Telecom & Information Technology, Banking, Financial Services, Enterprises, Government & Public Utilities, and Universities), and By Region.
Relieving computers from harmful equipment is the major driving factor for the global IT equipment disposal market growth. In addition, IT equipment disposal ensures that the overall process is accomplished in a seamless manner that will reduce the cost of logistics and in turn drive growth of the global market. Moreover, with an efficient IT asset disposition program, there is value to be recouped by disposing obsolete IT infrastructure which is boosting the target market as well. Assets are properly protected until the data they contain are fully destroyed which ensures data security which is fuelling the target market growth. The global IT equipment disposal market size was valued at US$ XXX Mn in 2018 and is expected to grow at a CAGR of around XX % from 2019 to 2029.
Asia Pacific to grow at the highest CAGR during the forecast period
Asia-Pacific is expected to dominate the global market over the forecast period followed by North America. North America is exporting the IT disposed equipment to the Asia-Pacific which is the major reason for the target market growth in the region. North America is the second leading target market owing to the trashing of its disposed equipment to the Asia-Pacific.
The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.
In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.
The global IT equipment disposal market report segments the market on the basis of material type, application, technology, end user, and region.
The report expected to answer various target market related questions and offers insights on:
- Definition, description, overview of market growth influencing factors, and forecast for the target market
- Scope for related market in the forecast period
- Analysis and outcome for the global IT equipment disposal market by segment and region followed by countries
- Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
- Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
- Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
- Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economical factors that may influence market growth
- PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index
Competitive Analysis
Advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global IT equipment disposal market. For instance, in June 2012, Sims Recycling Solutions (SRS), a leading global provider of electronics recycling and IT asset disposition (ITAD) services, has expanded e-waste separation technologies at Netherlands. It includes metals and plastics separation technologies and is known as the largest e-waste (WEEE) recycling operation in the region.
Global IT Equipment Disposal Market Competitive Landscape & Key Players
- Sims Recycling Solutions, Inc.
- Eletronic Recyclers International, Inc.
- Waste Management, Inc.
- Kuusakoski Oy
- GEEP, Inc.
- Veolia SA
- Umicore SA
- Sage Group PLC
- IRT LLC
- Global Electronic Recycling LLC
FAQs
The IT equipment disposal market report segments the market on the basis of material type, application, technology, end user, and region.
Environmental concerns regarding e-waste disposal, regulatory compliance challenges, and data security issues in the disposal process.
Factors Driving IT Equipment Disposal Market: Rapid technological advancements leading to equipment obsolescence, increasing awareness of environmental sustainability, and stringent regulations promoting responsible e-waste management.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
Key players in the IT Equipment Disposal Market include Sims Recycling Solutions, Inc., Eletronic Recyclers International, Inc., Waste Management, Inc., Kuusakoski Oy, GEEP, Inc., Veolia SA, Umicore SA, Sage Group PLC, IRT LLC, Global Electronic Recycling LLC