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US IT Asset Disposition Market Research Report: By Asset Type (Computer, Mobile Devices, Servers, Storage Devices, Peripherals), By Service (Data Destruction, Recycling, Reverse Logistics, De-Manufacturing, Remarketing), By Size (SMEs, Large Enterprise) and By Vertical (Aerospace & Defense, Energy, Power, Pharmaceutical, Oil) - Forecast to 2035


ID: MRFR/ICT/16436-US | 100 Pages | Author: Garvit Vyas| December 2023

US IT Asset Disposition Market Overview:


As per MRFR analysis, the US IT Asset Disposition Market Size was estimated at 5.11 (USD Billion) in 2023. The US IT Asset Disposition Market Industry is expected to grow from 6.5(USD Billion) in 2024 to 15 (USD Billion) by 2035. The US IT Asset Disposition Market CAGR (growth rate) is expected to be around 7.899% during the forecast period (2025 - 2035).


Key US IT Asset Disposition Market Trends Highlighted


The US IT Asset Disposition market is experiencing notable trends driven by the increasing need for secure data destruction and the growing awareness of environmental sustainability. Organizations across various sectors are prioritizing the proper disposal of outdated or surplus IT equipment to prevent data breaches, making compliance with regulations such as HIPAA and GDPR critical. This focus on security is a key market driver, as firms seek certified e-waste recyclers and ITAD providers who can ensure adherence to strict data protection standards. In recent times, the shift towards circular economy practices is another emerging trend. Companies are increasingly looking to reclaim value from retired IT assets, encouraging refurbishment and resale rather than disposal.This creates opportunities for businesses specializing in asset recovery, where valuable components can be reprocessed and reused, reducing overall IT spending. Moreover, as the emphasis on environmental responsibility grows, firms are investing more in eco-friendly ITAD solutions that minimize waste and promote sustainability. The rise of remote work and cloud computing has also opened new avenues within the market. As more businesses adopt cloud services, the need for efficient IT asset management has surged, creating a demand for dispositional services that can handle a larger volume of equipment quickly and securely. Companies that highlight their operational efficiency, security solutions, and sustainability efforts are well-positioned to capture market share.Overall, the convergence of regulatory compliance, sustainability initiatives, and advancements in technology is reshaping the landscape of the US IT Asset Disposition market, presenting significant opportunities for growth and innovation.


US IT Asset Disposition Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US IT Asset Disposition Market Drivers


Increasing Regulatory Compliance and Environmental Standards


In the United States, tightening regulatory compliance and environmental standards are significant drivers for the US IT Asset Disposition Market Industry. The Environmental Protection Agency (EPA) has established stringent regulations regarding e-waste disposal, requiring businesses to follow safe and responsible methods to dispose of electronic assets. It is estimated that over 50 million tons of e-waste are generated annually in the US alone, and the rise in regulatory scrutiny concerning the proper recycling and disposal of this waste is compelling companies to seek certified IT asset disposition services.For instance, organizations like Electronics Industry Citizenship Coalition (EICC) are promoting initiatives to ensure that technology companies comply with sustainability and ethical sourcing guidelines. Compliance not only mitigates potential legal issues for businesses but also enhances their reputation, leading to growth in the IT asset disposition market as companies invest more in responsible disposal methods.


Growing Concerns Over Data Security and Confidentiality


Data security concerns are a major driver for the US IT Asset Disposition Market Industry. With increasing incidents of data breaches, organizations are becoming more vigilant regarding the secure disposal of IT assets that may contain sensitive information. According to the Identity Theft Resource Center, there were over 1,000 reported data breaches in the US just in the first half of 2021, compromising millions of personal records. This underscores the importance for businesses to use certified IT asset disposition services that ensure data is rendered irretrievable.Major companies such as IBM and Dell have implemented stringent policies around data destruction before asset disposal, highlighting the growing demand for specialized IT asset disposition services that provide secure and compliant solutions.


Rapid Technological Advancements and Upgrading of IT Infrastructure


The rapid pace of technological advancement and the continuous upgrade of IT infrastructure drive the growth of the US IT Asset Disposition Market Industry. As businesses strive to remain competitive, they frequently replace outdated equipment with cutting-edge technology. A report from the U.S. Small Business Administration indicates that technology upgrades can boost productivity by an average of 30%. Consequently, this leads to an increase in obsolete electronic devices that need proper disposal.Companies like HP and Microsoft actively promote recycling programs that encourage businesses to return old devices for responsible refurbishment or recycling, thus fostering a healthy market for IT asset disposition services aimed at handling high volumes of retired IT equipment.


Rising Adoption of Circular Economy Practices


The shift towards a circular economy is gaining momentum in the United States, giving rise to new opportunities within the US IT Asset Disposition Market Industry. Businesses are increasingly recognizing the value of reusing and recycling electronic assets instead of discarding them. Initiatives promoting sustainability have encouraged companies to recycle up to 35% of their IT assets, as per estimates from industry associations. Companies like Apple and Cisco have led the way by implementing circular economy strategies, which not only help in reducing carbon footprints but also facilitate the safe and effective disposition of electronic waste.This growing commitment to sustainability not only improves corporate responsibility but also encourages a steady demand for IT asset disposition services that can handle the complexities involved in these processes.


US IT Asset Disposition Market Segment Insights:


IT Asset Disposition Market Asset Type Insights


 


The US IT Asset Disposition Market is robustly segmented by Asset Type, reflecting the diverse nature of IT assets that require careful end-of-life management. This segment encompasses various critical categories, including Computers, Mobile Devices, Servers, Storage Devices, and Peripherals, each contributing uniquely to the overall dynamics of asset disposition. Computers serve as a significant portion of the market due to their widespread use in enterprises and their need for secure data erasure and environmentally responsible disposal. Mobile Devices, encompassing smartphones and tablets, are rapidly increasing in volume as employees adopt a bring-your-own-device policy, raising the importance of proper management and recycling to mitigate data breaches and environmental impacts. Servers represent a pinnacle of this market segment as they are pivotal in supporting IT infrastructure; their disposal needs meticulous handling due to the sensitive data they often store. Storage Devices, including hard drives and solid-state drives, also hold a substantial share due to the need to protect confidential information, making secure data destruction practices essential. Furthermore, Peripherals like printers and monitors, while sometimes seen as secondary assets, hold significant operational importance and require specialized solutions for disposition to comply with regulations and standards. Trends indicate a heightened focus on sustainability and compliance within the IT Asset Disposition Market, influenced by increasing regulations on e-waste. With growing awareness of environmental issues, businesses are increasingly prioritizing responsible recycling and disposal methods, providing opportunities for providers in the market to expand offerings and improve processes. The overall segmentation allows organizations to tailor their asset disposition strategies to the specific needs of each asset category, enhancing operational efficiency and ensuring data security. Each asset type holds considerable weight in market discussions, driven by trends toward digital transformation, increased regulatory scrutiny, and a growing emphasis on corporate social responsibility backed by federal and state regulations regarding e-waste management. Hence, comprehending the nuances of each asset type is crucial for optimizing asset disposition strategies within the US economy, where digital assets continue to proliferate across various industries.


 


US IT Asset Disposition Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


IT Asset Disposition Market Service Insights


 


The Service segment of the US IT Asset Disposition Market plays a critical role in managing the lifecycle of electronic assets in an eco-friendly and secure manner. Data Destruction is vital for ensuring sensitive information is irretrievably destroyed, adhering to stringent compliance regulations that businesses face, particularly in sectors like healthcare and finance. Recycling contributes significantly to sustainability efforts by recovering valuable materials from obsolete equipment, which aligns with growing environmental awareness among companies and consumers alike.Reverse Logistics focuses on the efficient management of returned and unwanted products, enabling organizations to minimize waste and recover maximum value from their assets. De-Manufacturing is essential for dismantling electronic devices safely, allowing for the recovery of parts that can be reused or resold, thereby reducing overall waste in landfills. Remarketing exploits the potential value of used IT assets, as refurbishing and reselling electronics have become an essential avenue for companies looking to offset the cost of new equipment while also contributing to a circular economy.Each of these facets is poised for significant growth, driven by increasing regulatory requirements and a heightened focus on sustainability within the United States.


IT Asset Disposition Market Size Insights


 


The US IT Asset Disposition Market is experiencing notable growth as businesses increasingly recognize the importance of responsibly managing their IT assets at the end of their lifecycle. Within this landscape, the market is characterized by diverse participants, including small and medium-sized enterprises (SMEs) and large enterprises. SMEs play a crucial role in the market, often prioritizing cost-effective and environmentally friendly solutions for asset disposal, which has fostered an increased focus on sustainability. In contrast, large enterprises dominate the landscape due to their substantial IT asset base, necessitating comprehensive asset management strategies to mitigate risks associated with data security and environmental compliance.The complexity of regulations surrounding electronic waste disposal and data protection further fuels the demand for IT asset disposition services, highlighting the need for tailored solutions across varying business sizes. As technology continues to evolve and businesses seek to optimize their asset lifecycles, the US IT Asset Disposition Market will likely witness dynamic changes, with opportunities arising from innovation and increasing public awareness regarding responsible disposal practices.


IT Asset Disposition Market Vertical Insights


 


The US IT Asset Disposition Market is witnessing considerable growth across various verticals, reflecting the demand for efficient management of retired IT equipment. Notably, the Aerospace and Defense sector emphasizes secure data destruction, prioritizing compliance with stringent regulations due to the sensitivity surrounding national security. In the Energy and Power segments, the focus is on sustainability and responsible recycling of electronic assets, which aligns with the increasing push towards eco-friendly practices. The Pharmaceutical industry is increasingly recognizing the importance of proper IT asset disposal to protect sensitive patient data and comply with healthcare regulations.Similarly, the Oil sector, with its vast operational infrastructure, requires specialized IT asset disposition strategies to mitigate risks related to data breaches and environmental impact. Each of these verticals necessitates tailored approaches, reflecting the specific challenges and opportunities present, underscoring the significance of robust asset disposition solutions in the broader context of effective IT asset management in the US. This market growth is driven by a combination of regulatory pressures, environmental considerations, and a rising awareness of data protection issues.


US IT Asset Disposition Market Key Players and Competitive Insights:


The US IT Asset Disposition Market is characterized by a rapidly evolving landscape where organizations seek efficient and responsible methods to manage the end-of-life phase of their technology assets. This sector is increasingly influenced by regulatory requirements, growing environmental concerns, and businesses' need to recover value from obsolete equipment. Competitively, companies are differentiating themselves through innovative processes, service offerings, and sustainability initiatives. With a focus on secure data destruction, recycling capabilities, and reducing environmental impact, various players are striving to establish their position in this competitive arena. The market dynamics are further shaped by the adoption of advanced technologies, which enhance efficiency in asset recovery and tracking, as well as the rise of e-waste management practices.Cisco Systems stands out as a formidable competitor within the US IT Asset Disposition Market, leveraging its extensive technology expertise and strong brand reputation. With its established presence, Cisco focuses on providing comprehensive ITAD solutions that prioritize data security, compliance, and environmental sustainability. The company’s strength lies in its ability to cater to a diverse range of clients through tailored solutions that effectively address their asset disposition needs while ensuring the protection of sensitive information. By leveraging advanced analytics and robust safety protocols, Cisco enhances its service offerings, positioning itself as a trusted partner for enterprises seeking to responsibly retire technology assets in a rapidly changing landscape.EcoATM, a key player in the US IT Asset Disposition Market, specializes in automated kiosks that facilitate the recycling of electronic devices such as smartphones and tablets. The company's innovative approach not only promotes environmentally sustainable practices but also provides consumers with convenient access to asset disposal options. EcoATM's strengths lie in its nationwide network of kiosks and unique valuation algorithms that enable users to receive instant cash for their devices, thereby driving customer engagement. The company's focus on expanding its footprint through strategic partnerships and acquisitions strengthens its market position. EcoATM is committed to enhancing its recycling capabilities and improving the consumer experience by investing in technology solutions that streamline the collection process, ultimately contributing to a more sustainable and efficient IT asset disposition ecosystem in the United States.


Key Companies in the US IT Asset Disposition Market Include:


Cisco Systems


EcoATM


TRENDnet


Sims Recycling Solutions


IBM


Creatively Green


Asset Disposal


HP Inc.


Walmart


Goldman Sachs


Call2Recycle


Iron Mountain


Dell Technologies


Data Dominion


Essensys


US IT Asset Disposition Market Industry Developments


The US IT Asset Disposition Market has recently seen significant developments, particularly with the increasing emphasis on sustainability and data security. Companies like Cisco Systems and IBM are continuously enhancing their asset disposal processes to comply with stringent regulations and address growing environmental concerns. In September 2023, EcoATM announced an initiative to expand its network of automated kiosks for electronic waste recycling, reflecting the shift towards more accessible e-waste disposal options. Additionally, in October 2023, Sims Recycling Solutions reported an increase in demand for its services, contributing to a broader valuation growth in the market. Recent mergers include Dell Technologies acquiring a smaller IT asset management firm in August 2023 to strengthen its portfolio. Furthermore, the partnership between Call2Recycle and Walmart has enhanced battery recycling programs across various stores, promoting responsible disposal practices. Overall, the market's dynamic nature highlights strong technological advancements and collaborative strategies among leading companies like HP Inc., Iron Mountain, and TRENDnet, ultimately driving the industry's growth and adaptability in response to current economic and environmental challenges. These trends indicate a robust future for the IT asset disposition sector in the United States.


US IT Asset Disposition Market Segmentation Insights


IT Asset Disposition Market Asset Type Outlook


Computer


Mobile Devices


Servers


Storage Devices


Peripherals


IT Asset Disposition Market Service Outlook


Data Destruction


Recycling


Reverse Logistics


De-Manufacturing


Remarketing


IT Asset Disposition Market Size Outlook


SMEs


Large Enterprise


IT Asset Disposition Market Vertical Outlook


Aerospace & Defense


Energy


Power


Pharmaceutical


Oil


 

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 5.11(USD Billion)
MARKET SIZE 2024 6.5(USD Billion)
MARKET SIZE 2035 15.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.899% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED Cisco Systems, EcoATM, TRENDnet, Sims Recycling Solutions, IBM, Creatively Green, Asset Disposal, HP Inc., Walmart, Goldman Sachs, Call2Recycle, Iron Mountain, Dell Technologies, Data Dominion, Essensys
SEGMENTS COVERED Asset Type, Service, Size, Vertical
KEY MARKET OPPORTUNITIES Growing demand for sustainable disposal, Increasing regulations on e-waste, Rise in remote work equipment disposal, Enhanced data security concerns, Expansion of mobile device recycling programs
KEY MARKET DYNAMICS regulatory compliance requirements, data security concerns, environmental sustainability focus, increasing electronic waste, growing market for refurbished assets
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US IT Asset Disposition Market is expected to be valued at 6.5 billion USD in 2024.

By 2035, the market is projected to reach a value of 15.0 billion USD.

The expected CAGR for the market is 7.899% from 2025 to 2035.

The Computer segment is valued at 2.3 billion USD in 2024.

The Mobile Devices segment is expected to be worth 2.8 billion USD by 2035.

Major players include Cisco Systems, EcoATM, TRENDnet, Sims Recycling Solutions, and IBM.

The Server segment is forecasted to reach a value of 3.4 billion USD by 2035.

The Storage Devices segment is valued at 1.1 billion USD in 2024.

The market faces challenges such as regulatory compliance and rapidly changing technologies.

Opportunities in the market include advancements in recycling technology and increasing corporate responsibility towards e-waste management.

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