Press release
Soaring Demand Set to Propel Enterprise IT Asset Disposition Market to $14.90 Billion by 2029
Enterprise IT Asset Disposition
Enterprise IT Asset Disposition Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of enterprise IT asset disposition has seen a substantial expansion in the past few years. It is projected to escalate from a value of $7.28 billion in 2024, to $8.42 billion in 2025, with a compound annual growth rate (CAGR) of 15.7%. The historical growth has been driven by factors such as the rising need for corporate data security, stricter electronic waste regulations, the expansion of IT hardware lifecycle needs, the growing necessity for secure recycling, as well as mounting pressures for cloud adoption.
Enterprise IT Asset Disposition Market Size Forecast: What's the Projected Valuation by 2029?
The market size of enterprise IT asset disposition is set to experience speedy expansion in the foroming years. It is projected to accelerate to $14.90 billion by 2029, witnessing a compound annual growth rate (CAGR) of 15.4%. The surge during the forecast period is attributable to factors such as expanded enterprise sustainability strategies, heightened consciousness of data breaches, escalating opportunities for refurbishment and resale, growing demands for corporate compliance, and a rising focus on cost-efficiency. Notable trends predicted during the forecast period encompass advancements in secure data deletion, automation enhancements in asset tracking, AI integration in asset management, applying blockchain for enhanced traceability, and the rise of technology-based refurbishment solutions.
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What Are the Drivers Transforming the Enterprise IT Asset Disposition Market?
The increasing worries about the surge in electronic waste are driving the market's expansion due to growing worldwide volumes of e-waste.
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What Long-Term Trends Will Define the Future of the Enterprise IT Asset Disposition Market?
Leading firms in the enterprise IT asset disposition market are spearheading innovative advancements like AI-integrated IT asset management systems to secure a competitive edge. The said systems utilize AI functionalities to enhance asset tracking, forecast end-of-life cycles, and automate secure data erasion, thereby ensuring regulatory compliance and promoting operational efficiency. For example, in May 2025, Sojitz Corporation, rooted in Japan, introduced Hi-Kii, the country's premier AI-powered IT asset disposition platform. Hi-Kii features predictive device lifecycle management, automated data sanitization, and instant asset status reporting. This innovation bolsters decision-making, minimizes manual interference, and beefs up data security during the ITAD procedure. Adopting such AI-driven systems allows companies to boost efficiency, ensure compliance, and encourage eco-friendly recycling methods in the Enterprise IT Asset Disposition market.
Which Segments in the Enterprise IT Asset Disposition Market Offer the Most Profit Potential?
The enterprise IT asset disposition market covered in this report is segmented
1) By Service: De-Manufacturing And Recycling, Remarketing And Value Recovery, Data Deconstruction, Lease Return Services, Other Services
2) By Asset Type: Desktop And Laptops, Mobile Devices, Servers, Peripherals
3) By Industry: Banking Financial Services And Insurance (BFSI), IT And Telecom, Government, Healare, Media And Entertainment, Energy And Utilities, Other Industries
Subsegments:
1) By De-Manufacturing And Recycling: Component Recovery, Material Recycling, Hazardous Waste Disposal
2) By Remarketing And Value Recovery: Refurbishing, Reselling, Trade In Services
3) By Data Deconstruction: Data Wiping, Physical Destruction, Media Degaussing
4) By Lease Return Services: Inspection And Testing, Asset Reconditioning, Logistics Management
5) By Other Services: Auditing, Reporting, IT Asset Tracking
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Which Firms Dominate the Enterprise IT Asset Disposition Market by Market Share and Revenue in 2025?
Major companies operating in the enterprise it asset disposition market are Dell Inc., International Business Machines Corporation (IBM), Ingram Micro Inc., Hewlett Packard Enterprise Development LP, Iron Mountain Inc, Sims Lifecycle Services, CompuCom Systems Inc, Francisco Partners, CSI Leasing Inc., Cxtec Inc., Flex IT Distribution BV, Inrego AB, Cascade Asset Management LLC, OceanTech Inc., LifeSpan International Inc., Apto Solutions Inc., exIT Technologies Inc., TBS Industries Inc., DMD Systems Recovery Inc., and Renewtech AB.
Which Regions Offer the Highest Growth Potential in the Enterprise IT Asset Disposition Market?
North America was the largest region in the enterprise IT asset disposition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in enterprise IT asset disposition report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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