IT Asset Disposition (ITAD) Market Market to Reach $XX.XX Billion by 2025 - By Service, Deployment Model, Solution, End User, Organization Size & Geography - Research and Markets

QR Research Markets has announced the addition of the “IT Asset Disposition (ITAD) Market by Service (De-Manufacturing and Recycling, Remarketing and Value Recovery, Data Destruction/Data Sanitization, Reverse Logistics), Asset Type, Organization Size.

The report for Global IT Asset Disposition (ITAD) Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

Visit on the below link to get a sample of report@ https://www.qyresearchgroups.com/request-sample/790409

The IT asset disposition market is expected to reach USD 25.04 billion by 2025, at a CAGR of 12.7 % during the forecast period. The growth of the market is driven by various factors such as the awareness among the people toward the harmful impact of e-waste generated, need for data security to protect confidential data, and the growing number of initiatives taken by various governments to implement effective IT asset disposition processes to safeguard the environment. However, the lack of awareness, high service costs, and lack of comprehensive IT asset disposition policies are the major restraints for the growth of the ITAD market.

The IT asset disposition market is majorly driven by the rising electronics industry worldwide. Being one of the most dynamic industries worldwide, manufacturers are always inclined towards developing more energy efficient products so as to cater to the ever-changing industry requirements. This however results into a major concern for business enterprises to dispose of the existing infrastructure. Due to continually rising penetration of electronic products such as handheld devices, office equipment, computer/laptops and others, proper recycling of such products becomes a major concern.

One of the major concerns for enterprises (principally data centers) is to reduce their power consumption from server equipment. Thus, it becomes highly essential to periodically replace the existing infrastructure so as to ensure no device performs inefficiently. Opting for IT asset disposition service vendors simplifies the overall IT asset lifecycle process. Although IT asset disposal is time consuming and relatively costly service, it is highly crucial for business enterprises having heavy IT infrastructure.

Browse full report with Table of Content@ https://www.qyresearchgroups.com/report/global-it-asset-disposition-itad-market-research-report-2018

Another major factor driving the market growth is increasing activity in the overall e-recycling and smelting industries. The overall electronics industry is not more inclined towards reusing the resources used across different devices and systems. Additionally, due to rising concerns regarding the environmental policies, IT asset disposition has been witnessing increased interest from different industry verticals. Improper disposal of electronic devices results into adverse impact on environment. Subsequently, several regulations have been enforced upon organizations for suitable recycling of electronic assets. This is another major factor propelling the market growth.

Visit on the below link to get a sample of report@ https://www.qyresearchgroups.com/request-sample/790409

Major players operating in the IT asset disposition market include Arrow Electronics, Inc. (U.S.), Sims Recycling Solutions (Australia), TBS Industries (U.S.), CloudBlue Technology, Inc. (U.S.), TES-AMM (Singapore) Pte Ltd, (Singapore), Dell (U.S.), LifeSpan International, Inc. (U.S.), Apto Solutions, Inc. (U.S.), Iron Mountain Incorporated (U.S.), Hewlett Packard Enterprise Company (U.S.), ITRenew, Inc. (U.S.), and IBM (U.S.), among others.

Make An Enquiry@ https://www.qyresearchgroups.com/send-an-enquiry/790409

About Us:
QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world’s most complete and current database of expert insights on global industries, companies, products, and trends.

Contact us:

Email- sales@qyresearchgroups.com
Web- https://www.qyresearchgroups.com

This release was published on openPR.