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Global Data Center IT Asset Disposition Market Projected to Grow at 8.1% CAGR, Reaching $19.98 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Data Center IT Asset Disposition Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the data center IT asset disposition market has seen robust growth. The market size is projected to rise from $13.49 billion in 2024 to $14.65 billion in 2025, posting a compound annual growth rate (CAGR) of 8.6%. Several factors can be attributed to this growth in the historic period, including regulatory compliance, technological obsolescence, worries about data security, initiatives for cost reduction, and ongoing efforts for environmental sustainability.
Data Center IT Asset Disposition Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, a considerable expansion is anticipated in the data center IT asset disposition market, with its value expected to rise to $19.98 billion by 2029, recording a compound annual growth rate (CAGR) of 8.1%. This projected surge over the forecast period is due to several key factors such as the escalating demand for proper electronic waste management, the increasing focus on data security and adherence to regulations, the growing acceptance of circular economy methodologies, and the worldwide development of data center infrastructure. The period also sees prominent trends such as the development of secure data erasure solutions, the proliferation of asset tracking and management technologies, the rise of niche IT asset disposal companies, and the widening of regulatory compliance guidelines.
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What Are the Drivers Transforming the Data Center IT Asset Disposition Market?
The escalating instances of cyberattacks are anticipated to fuel the expansion of the data center IT asset disposition market. Cyberattacks are defined as purposeful, harmful efforts by individuals, groups, or companies to break through the security protocols of computer systems or electronic devices. The frequency of such attacks is on the rise due to technological advancements, flaws in existing systems, and a general deficiency in cybersecurity knowledge. IT asset disposition from data center plays a critical role in cybersecurity as it helps safeguard against data leaks, offset internal threats, shield from supply chain attacks, and ascertain compliance. It enables the safe and compliant disposal of obsolete IT assets, safeguards confidential data, and diminishes risks pertaining to data leaks, regulatory breaches, and environmental threats. For example, in April 2023, as stated in a blog by Check Point Software Technologies, an Israeli software firm, global cyberattacks on a weekly basis saw a 7% rise in Q1 2023, relative to the same quarter in the prior year, with each organization experiencing an average of 1,248 attacks per week. Hence, the ascending rate of cyberattacks is aiding the expansion of the data center IT asset disposition market.
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What Long-Term Trends Will Define the Future of the Data Center IT Asset Disposition Market?
Leading firms in the data center IT asset disposition market are concentrating on inventing unique solutions like IT asset repurposing and disposal facilities for efficient resource usage and to mitigate environmental harm. The process of IT asset repurposing and disposal involves securely retiring active IT assets through methods like decommissioning, destruction, and eco-friendly recycling. For example, TES, a Singapore-based company providing IT life-cycle services, kicked off an IT asset repurposing and disposal facility in March 2024. This was for the refurbishment and recycling of technology assets and data center equipment, prioritizing the prevention of rare metals being sent to waste dumps. This fully certified facility uses state-of-the-art technical tools to securely delete data from tech devices. The overarching purpose is to safeguard data of value, shield the environment from damaging disposal methods, and potentially regain value from retired IT assets.
Which Segments in the Data Center IT Asset Disposition Market Offer the Most Profit Potential?
The data center it asset dispositionmarket covered in this report is segmented -
1) By Product: Servers, Memory Modules, Hard Disk Drive, Central Processing Unit, Gigabit Interface Converter, Line Cards, Desktops, Laptops, Solid State Drive
2) By Organization Size: Small And Medium Enterprises, Large Enterprises
3) By Application: Data Sanitation Or Destruction, Remarketing OR Resale, Recycling
4) By End Users: Enterprises, Cloud Service Providers, Colocation Providers
Subsegments:
1) By Servers: Rack Servers, Blade Servers, Tower Servers, Storage Servers
2) By Memory Modules: DRAM Modules, Flash Memory Modules, EEPROM
3) By Hard Disk Drives (HDD): Desktop HDDs, Enterprise HDDs, External HDDs
4) By Central Processing Units (CPU): Desktop CPUs, Server CPUs, Workstation CPUs
5) By Gigabit Interface Converters (GBIC): SFP (Small Form-factor Pluggable) GBICs, XFP (10 Gigabit) GBICs, SFP+ (Enhanced SFP) GBICs
6) By Line Cards: Ethernet Line Cards, Fibre Channel Line Cards, Router Line Cards, Switch Line Cards
7) By Desktops: All-in-One Desktops, Tower Desktops, Mini PCs
8) By Laptops: Business Laptops, Gaming Laptops, Ultrabooks
9) By Solid State Drives (SSD): SATA SSD, NVMe SSD, PCIe SSD, M.2 SSD
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Which Firms Dominate the Data Center IT Asset Disposition Market by Market Share and Revenue in 2025?
Major companies operating in the data center IT asset disposition market are Dell Inc., International Business Machines Corporation, Arrow Electronics Inc., Hewlett Packard Enterprise (HPE), Iron Mountain Incorporated, EPC Inc., Sims Recycling Solutions, Procurri Corporation, CentricsIT, ITRenew Inc., Atlantix Global Systems, Cxtec Inc., Quantum Lifecycle Partners, Wisetek, Apto Solutions Inc., HOBI International Inc., Dataserv, Re-Teck, CloudBlue, TES-AMM Pte Ltd., Midwest CompuTech, TechWaste Recycling, Maxxum, TBS Industries, CentraComm Communications, Exit Technologies
Which Regions Offer the Highest Growth Potential in the Data Center IT Asset Disposition Market?
North America was the largest region in the data center IT asset disposition market in 2024. The regions covered in the data center IT asset disposition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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