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e-Waste and Information Technology Asset Disposition (ITAD) Market – Industry Size, Development Strategy, Growth Rate, Historical Analysis, Competitive Landscape And Forecast to 2027

Latest report on the Global E-waste and Information Technology Asset Disposition (ITAD) Market highlights the recent developments and technological advancements in the global E-waste and Information Technology Asset Disposition (ITAD) market. The report offers a bird’s eye view of the E-waste and Information Technology Asset Disposition (ITAD) market with regards to economic scenario, competitive landscape, production and demands, and consumption analysis. The report also offers a stringent analysis of the market drivers, restraints, limitations, challenges, growth prospects, and threats of the market. The report provides an extensive analysis of the market segmentation and expansion across key regions.

Consumption of electronic devices continues to increase at a substantially rapid rate and Consumer Technology Association has stated that households in the US have up to 24 electronic products. Steady development and introduction of new and more innovative electronic devices and reducing costs of such devices is resulting rising adoption among consumers. As devices are becoming more advanced, older versions are becoming obsolete. To reduce E-waste, many countries have passed laws banning such waste from going into incinerators and landfills. An estimated 70% of heavy metals in landfills in the US are from electronics, and this trend is expected to continue going forward.

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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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Frequently asked questions addressed in the report:

  • What is the predicted growth rate of the global E-waste and Information Technology Asset Disposition (ITAD) market over the forecast period?
  • What are the latest trending factors influencing market growth?
  • What are the major factors driving the growth of the Global E-waste and Information Technology Asset Disposition (ITAD) Market?
  • What are the risks and challenges existing in the industry?
  • What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the report?

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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