The global E-waste and Information Technology Asset Disposition (ITAD) market size is expected to reach USD 115.06 Billion at a steady revenue CAGR of 8.6% in 2028, according to latest analysis by Emergen Research. E-waste and ITAD market revenue growth is driven by deployment of regulatory compliance and increased awareness regarding the adverse impact of E-waste on health and on the environment. In 2019, approximately 54 million metric tons of electronic waste was generated worldwide. E-waste contains 75% of environmentally hazardous waste found in landfills and less than 20% is recycled each year. Rising focus on more efficient management of E-waste and information technology asset disposition is expected to support market growth going ahead.

The latest study performs the quantitative and qualitative assessment of the global market dynamics, taking into consideration a slew of factors, such as market penetration, product portfolios, pricing structure, end-user industries, and key drivers and constraints. The report segments the market to help readers get a more in-depth understanding of the different aspects of the market. With an inspection of the financial standing of the leading companies operating in this market, the report provides information on their gross profits, revenue shares, sales volume, manufacturing costs, individual growth rate, and numerous other financial ratios.

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Some Key Highlights From the Report

• In July 2021, S2S Group, which is an ITAD company, expanded its operations in London by acquiring assets and customer base of Data Eliminate Ltd. The acquisition will improve S2S Group’s presence in London with immediate effect. The company also invested USD 2.04 million to purchase a secure warehouse and office complex in Rotherham.
• IT devices segment accounted for largest revenue share in 2020 as new technologies are being launched every year and GenX and millennials are gadget-obsessed. Most common IT devices found in wastes are LCD desktop monitors, smartphones. and laptops. Consumption of these devices is not reducing and it has been observed that an average cell phone user replaces their phone every 18 months and 1 billion cellphones, and 300 million computers go into production ever year. This is expected to increase further in the coming years.
• Key players in the market include Dell Technologies, Electronic Recyclers International, Inc., Hewlett Packard Enterprise, LifeSpan International, Umicore S.A., Aurubis AG, Tetronics (International) Ltd., IBM Corporation, Boliden AB, and Iron Mountain.

E-waste and Information Technology Asset Disposition (ITAD) Market Segmentation:

Emergen Research has segmented the global E-waste and ITAD market on the basis of type, source, end-use, and region:

• Type Outlook (Revenue, USD Billion; 2018–2028)
  • Home appliances
  • Medical equipment
  • Laboratory devices
  • IT devices
    1. Computers/Laptops
    2. Servers
    3. Mobile Devices
    4. Storage Devices
    5. Peripherals
  • Others
• Source Outlook (Revenue, USD Billion; 2018–2028)
  • Household
  • Consumer
  • Industrial
  • Others
• End-use Outlook (Revenue, USD Billion; 2018–2028)
  • IT and Telecom
  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare Industry
  • Media and Entertainment
  • Aerospace and Defense
  • Educational Institutions
  • Public Sector and Government Offices
  • Manufacturing
  • Others

Key Geographical Segments:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key questions addressed:

• What are the estimated CAGR for the global E-waste and Information Technology Asset Disposition (ITAD) market and each segment in the global market?
• Which market segments and sub-segments have been covered in this report? Which of these segments is foreseen to exhibit the highest growth rate over the projected period? What are the most prominent industry aspects likely to impact the market values and shares of the regionsviz., North America, Europe, Asia Pacific, Latin America, and Middle East &Asia? What do the SWOT analysis and Porter’s five forces entailed in the report signify with respect to the future position of the market?
• Which are the leading companies operating in the global E-waste and Information Technology Asset Disposition (ITAD) market? What are their strengths and weaknesses?
• What are the most common market expansion strategies applied by the key market competitors to reinforce their market positions?

Table of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. E-waste and ITAD Market Segmentation & Impact Analysis
    4.1. E-waste and ITAD Market Material Segmentation Analysis
    4.2. Industrial Outlook 
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increase in adoption of new technologies and BYOD
                    4.2.2.2. Electronic product short lifecycle
                    4.2.2.3. Rise in demand for energy-efficient products
          4.2.3. Market restraints analysis 
                    4.2.3.1. High cost of recycling
                    4.2.3.2. Lack of proper IT asset disposition policies
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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