Increasing Cloud Computing Adoption On Cloud Computing Data Center IT Asset Disposition Market: Core Growth Enabler in the Cloud Computing Data Center IT Asset Disposition Market, 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Cloud Computing Data Center IT Asset Disposition Industry Market Size Be by 2025?
The market size for IT asset disposition in cloud computing data centers has seen significant expansion in the previous years. It is anticipated to escalate from $13.13 billion in 2024 to $14.97 billion in 2025, with a compound annual growth rate (CAGR) of 14.0%. Several factors spurred the growth during the historic period including changes in technology and vendors, an uptick in environmental sustainability initiatives, a rise in data center relocations or migrations, and considerations surrounding the end of the lease or the end of life.

What's the Long-Term Growth Forecast for the Cloud Computing Data Center IT Asset Disposition Market Size Through 2029?
The cloud computing data center IT asset disposition market is predicted to experience a significant expansion in the coming years. This market is forecasted to increase to a value of $25.03 billion in 2029, with a compound annual growth rate (CAGR) of 13.7%. Factors contributing to this growth in the projected period include cloud transitioning and hybrid IT, evolving cybersecurity threats, cost efficiencies, managing remote workforces and endpoints, as well as data center automation and orchestration. Key trends for this period involve a growing adoption of circular economic concepts, advancements in automation and AI-powered solutions, emphasis on data security and privacy, growth of cloud-based disposition solutions, and the inclusion of data center lifecycle management.

View the full report here:
https://www.thebusinessresearchcompany.com/report/cloud-computing-data-center-it-asset-disposition-global-market-report

What Are the Key Growth Drivers Fueling the Cloud Computing Data Center IT Asset Disposition Market Expansion?
The growth of the cloud computing data center IT asset disposition market is predicted to be fueled by the escalating uptake of cloud computing services. These services provide IT resources and computing capabilities over the internet on a pay-as-you-go basis. The mounting adoption is due to their economic advantage, simplicity, adaptability, and scalability. Cloud computing bolsters the effectiveness, security, and scalability of IT asset disposition processes and boosts their analytical capabilities, thereby fostering innovation and competitiveness. In 2024, AAG IT Services, a non-governmental organization based in the UK, reported that in 2022, 89% of organizations polled utilized multi-cloud solutions for their storage and workloads. Only 9% used a single public cloud, and just 2% relied on a solitary private cloud. Hence, the growing uptake of cloud computing services is propelling the expansion of the cloud computing data center IT asset disposition market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15144&type=smp

What Are the Key Trends Driving Cloud Computing Data Center IT Asset Disposition Market Growth?
Leading firms in the cloud computing data center IT asset disposition market are turning their attention towards the creation of advanced solutions such as IT asset repurposing and processing facilities. These facilities serve the purpose of effectively managing secure disposal of decommissioned IT equipment, offering a chance to extract value from obsolete or discarded technology equipment. For example, TES amm, an information technology and services company based in Singapore, launched a new facility for IT asset repurposing and processing in March 2024. The facility, dedicated to prolonging the lifespan of tech assets and data center equipment - with particular emphasis on hyper-scale and enterprise equipment - caters to the unique requirements of the local data center industry. The facility is fully accredited, including recognition under R2v3, a premier certification for responsible electronics recycling, and will generate more than 100 new jobs in the Fredericksburg area. Advanced technical tools are utilized to process hyper-scale and enterprise equipment and perform comprehensive forensic data removal from tech devices. The facility intends to contribute to the local data center industry by averting the disposal of rare metals to landfills.

How Is the Cloud Computing Data Center IT Asset Disposition Market Segmented?
The cloud computing data center it asset disposition market covered in this report is segmented -

1) By Service: Re marketing, Recycling, Data Destruction, Other Services
2) By Asset Type: Servers, Networking Equipment, Storage Devices, Other Asset Types
3) By End Users: Enterprises, Cloud Service Providers, Colocation Providers

Subsegments:
1) By Re marketing: Resale Of IT Equipment, Refurbishment Of Hardware
2) By Recycling: E-Waste Recycling, Component Recovery, Material Recycling
3) By Data Destruction: Hard Drive Shredding, Data Wiping and Degaussing, Secure Disposal Services
4) By Other Services: Inventory Management, Logistics And Transportation, Auditing and Reporting Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=15144&type=smp

Which Companies Are Leading the Charge in Cloud Computing Data Center IT Asset Disposition Market Innovation?
Major companies operating in the cloud computing data center IT asset disposition market report are Dell Technologies Inc.; HP Development Company L.P.; Arrow Electronics Pvt Ltd.; Iron Mountain; Sims Recycling Services; Liquid Technology; TES-AMM; McPhersons Resources Ltd.; ITRenew's; Atlantix Global Systems; Wisetek Providers Inc.; CNET Global Solutions; Hyphen Services Ltd.; TechTurn Ltd.; Garbageman Ltd.; Apto Solutions Ltd.; CloudBlue Digital Ltd.; HOBI International; Cascade Asset Management LLC; GreenTek Solutions LLC; ServerMonkey LLC; ICT Reverse; Inrego AB

Which Regions Are Leading the Global Cloud Computing Data Center IT Asset Disposition Market in Revenue?
North America was the largest region in the cloud computing data center IT asset disposition market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud computing data center it asset disposition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15144

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.