Press release
Global IT Asset Disposition Market Expected to Reach USD 28,558 Million By 2027
IT Asset Disposition Market
IT asset disposition is referred to as the act of getting rid of an asset via a direct sale or another method of transfer. The varying IT ecosystem coupled with the growth of myriad factors including artificial intelligence, big data analytics, cloud computing, cognitive computing, and connected things has produced a large number of e-waste problems. Growing concerns related to data security and ecology has resulted in IT asset disposition getting the top-most priority from the IT firms.
Request Free Sample Copy of Research Report @ http://bit.ly/36mGpA8
(May I send you a free copy? The sample of this report is readily available on request. Free report sample contains a brief introduction to the research report, Table of Contents, Graphical introduction of regional analysis, Top players in the market with their revenue analysis and our research methodology)
Furthermore, IT asset disposition assists in destroying and recycling or repurposing many types of IT equipment with consistent, eco-friendly, and secure solutions. IT asset disposition is adopted on the large-scale by firms across the globe in order to proficiently handle the waste disposal and minimize the risk of data loss along with reducing the monetary loss. With myriad services including data sanitization, recycling, recovery, and data destruction, the IT asset disposition industry is projected to record the highest growth during the forecast timeline.
Regulatory compliance & environmental protection to steer the market trends
The IT asset disposition industry is predicted to record massive growth over the forecast timeline due to the introducing of new legislation for protecting the environment from pollution. Moreover, the operations of firms are controlled by myriad privacy protection laws including HIPAA or FACTA. In addition to this, the audit is carried out in firms as per the mandatory laws requiring them to have strong security and a plan for destroying data on old equipment. Large-scale use of electronic equipment including smartphones, tablets, and laptops in enterprises will further accelerate the growth of the market during the forecast timeline.
Furthermore, growing acceptance of new services and BYOD (Bring Your Own Device) is predicted to steer the expansion of the market over the forecast period. Nonetheless, transport issues such as equipment loss in transit are likely to pose a threat to the expansion of the IT asset disposition industry over the forecast timeline. However, value recovery through obsolete assets is predicted to create lucrative opportunities for the market over the forecast period. Apart from this, high service costs can impede business growth over the forecast timeline.
Inquire more about this report before purchase @ http://bit.ly/2TPuBE8
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
Remarketing & Value Recovery to lead the service segment growth by 2027 in terms of value
The growth of the segment during the forecast period is due to the massive demand for remarketing & value recovery from non-working assets possessing proprietary & confidential information of the firm. Moreover, these remarketing & value recovery services are likely to help the IT asset disposition process in reducing the risks & optimizing the value of assets.
IT & Telecom segment to dominate the end-user landscape over the forecast timeline in terms of earnings
The segmental surge during the forecast timeline is owing to the massive demand for IT asset disposition services in the IT & Telecom segment.
North America to contribute major revenue share towards the overall market by 2027
Request customized copy of report @ http://bit.ly/38ClNWl
(We customize your report according to your research need. Ask our sales team for report customization)
The growth of the regional market during the forecast timespan is owing to the thriving IT industry in the region along with enforcement of strict laws by the government for safe & proper asset disposal.
Some of the key participants in the business include TES (Singapore) Pte Ltd., Hewlett-Packard Company, Sims Recycling Solutions, Inc., IBM, Iron Mountain Inc., CloudBlue Technologies, Inc., ITrenew Inc., Arrow Electronics, TBS Industries, Apto Solution, Inc., LifeSpan International Inc., and Dell Inc.
This report segments the IT Asset Disposition market as follows:
IT Asset Disposition Market: By Service Analysis
De-Manufacturing & Recycling
Remarketing & Value Recovery
Data Destruction/Data Sanitization
Logistics Management & Reverse Logistics
Other Services
On-Site Equipment Audit Solution
Online Clients’ Portal
IT Asset Disposition Market: By Assets Type Analysis
Computer/Laptops
Mobile Devices
Servers
Peripherals
Networking Devices
I/O Devices
Storage Devices
IT Asset Disposition Market: By Organization Size Analysis
SOHO & Medium Enterprises
Large Enterprises
IT Asset Disposition Market: By End-User Analysis
BFSI
IT & Telecom
Manufacturing
Educational Institutions
Media & Entertainment
Healthcare Industry
Aerospace & Defense
Public Sector & Government Offices
Others
Energy and Utility
Construction and Real Estate
Logistics and Transportation
IT Asset Disposition Market: By Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
Contact Us:
Facts & Factors
Global Headquarters
Level 8, International Finance Center, Tower 2,
8 Century Avenue, Shanghai,
Postal - 200120, China
Tel: +86 21 80360450
Email: sales@fnfresearch.com
Web: https://www.fnfresearch.com
About Us:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global IT Asset Disposition Market Expected to Reach USD 28,558 Million By 2027 here
News-ID: 1905955 • Views: …
More Releases from Facts & Factors
Trending: Military Vehicle Electrification Market Size & Share To Exceed USD 9.5 …
The Military Vehicle Electrification Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation. The report titled Military Vehicle Electrification Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market.
Request Access Full Report is Available @ https://www.fnfresearch.com/military-vehicle-electrification-market
This covers market…
Global AIOps (Artificial Intelligence for IT Operations) Market - Size, Share, G …
The research report presents a strategic analysis of the AIOps (Artificial Intelligence for IT Operations) Market analysis through top players, size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors. Further, the market attractiveness index is provided based on a five-forces analysis.
View the Full Report with Table of Contents @ https://www.fnfresearch.com/artificial-intelligence-for-it-operations-market
This report mainly focuses on the top players and their…
Exceptional Growth in Global Quantum Dot Solar Cell Market Size, Share to Gain U …
The Quantum Dot Solar Cell Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation.
Request Access Full Report is Available @ https://www.fnfresearch.com/quantum-dot-solar-cell-market
The report titled "Quantum Dot Solar Cell Market" is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This…
Global Energy Meter Market Size, Share, Growth, Business Strategies and Forecast …
The Energy Meter Market has developed swiftly in recent years and has made a significant contribution to the global financial situation in terms of growth rate, market share, and sales generation.
Request Access Full Report is Available @ https://www.fnfresearch.com/energy-meter-market
The report titled Energy Meter Market is an analytical study that presents a comprehensive explanation of the industry along with information on significant aspects of the market. This covers market demands, major…
More Releases for Asset
Asset Performance Management Market Is Driven By Asset Performance Management In …
Asset Performance Management (APM) has emerged as a critical solution for industries aiming to enhance the performance, reliability, and efficiency of their assets. APM systems utilize data analytics, predictive maintenance, and monitoring technologies to optimize asset performance, minimize downtime, and maximize operational efficiency. The global Asset Performance Management market is characterized by key drivers and notable trends that are reshaping how industries manage and maintain their critical assets.
Download Free PDF…
Asset Management Software
In today's dynamic business landscape, efficient asset management is more critical than ever. Sunsmart Asset Management Software is designed to empower organizations of all sizes and industries to streamline their asset-related processes, enhance control, and maximize the value of their assets.
Key Features and Benefits:
Comprehensive Asset Tracking: Our software provides a centralized platform to track and manage assets, offering real-time visibility into asset location, condition, and history, reducing the risk of…
Asset Evaluation Service Market 2023-2030 Comprehensive Research Study and Stron …
Infinity Business Insights published a new research publication on Asset Evaluation Service Market Insights, to 2030 with 113+ pages and enriched with self-explained Tables and charts in presentable format. The worldwide Asset Evaluation Service market is expected to grow at a booming CAGR during 2023-2030. It also shows the importance of the Asset Evaluation Service market main players in the sector, including their business overviews, financial summaries, and SWOT assessments.
The…
Data Asset Map System Market Rising emphasis on data management and asset tracki …
Global Data Asset Map System Market Overview:
The Data Asset Map System market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Data Asset Map System market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Big Boom in Asset Recovery Software Market 2020-2027 |HPE , Terrapin Systems , C …
According to a report on Asset Recovery Software Market, recently added to the vast repository of Research N Reports, the global market is likely to gain significant impetus in the near future. The report, titled “Global Asset Recovery Software Market Research Report 2020,” further explains the major drivers manipulating industry, the possibility of development, and the challenges going up against the administrations and industrialists in the market. This research study…
Crypto Asset Management Market | Digital Asset Custody Company, Crypto Finance A …
Global Crypto Asset Management Market: Snapshot
The demand within the global market for crypto asset management has been rising on account of advancements in the field of crypto currency. The past years have been an era of advancements in the global digital industry and have paved way for several new technologies. In this stampede of digital transformations, crypto currency has emerged as a matter of discussion and recourse. Hence, the global…
