Latest Market Research Report 2025

  The global  IT asset disposition market  size is projected to be USD 54,535.4 million by 2030, according to the latest study conducted by Grand View Research, Inc. The market is expected to exhibit a CAGR of 13.3% from 2023 to 2030. The growth of the ITAD market can be attributed to the increasing e-waste and the rising requirement for recycling in consideration of sustainability and a green planet.   For instance, according to the Indian Ministry of Electronics and Information Technology, India generated 3.2 million tonnes of electronic waste in 2019, and only 10% of e-waste was taken up for recycling. Such an alarming figure has resulted in the demand for ITAD solutions, thereby driving the market’s growth. Various companies have been coming up with ITAD solutions with enhanced capabilities, which can serve multiple industries. Moreover, companies operating in the ITAD market have also been involved in various strategic initiatives and R&D, among others, to i...

  The global IT asset disposition (ITAD) market was valued at approximately USD 20,513.0 million in 2022 and is expected to grow at a robust compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. This growth is largely driven by the increasing amount of electronic waste (e-waste) generated worldwide. According to statistics from the Global E-waste Monitor—a collaborative effort by the United Nations, the International Solid Waste Association, the International Telecommunication Union, and the UN Environment Programme—53.6 million metric tons of e-waste were produced in 2019. This volume is projected to rise substantially, reaching an estimated 74 million metric tons by 2030. This rapid escalation in e-waste generation has created a strong demand for IT asset disposition solutions to responsibly manage and recycle these materials, fueling the ITAD market’s growth. In the ITAD industry, companies offer a range of services including asset recovery, data destruction, and lifecy...

  The global IT asset disposition (ITAD) market was valued at approximately USD 20,513.0 million in 2022 and is projected to experience substantial growth, with an anticipated compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. A significant factor driving this growth is the rising volume of electronic waste (e-waste) generated worldwide. According to the Global E-waste Monitor Statistics—developed by the United Nations in collaboration with organizations such as the International Solid Waste Association, the International Telecommunication Union, and the UN Environment Programme—approximately 53.6 million metric tons of e-waste were produced in 2019, with projections estimating this figure will soar to 74 million metric tons by 2030. This escalating generation of e-waste is a primary catalyst for the expansion of the ITAD market. However, the market faces challenges, particularly due to concerns surrounding data theft. The sensitive nature of the information managed by ...

  The global IT asset disposition (ITAD) market was valued at USD 20,513.0 million in 2022 and is projected to grow at a robust compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. The market's growth is driven by the escalating volume of electronic waste (e-waste) worldwide. According to the   Global E-waste Monitor —a report co-published by the United Nations in collaboration with organizations such as the International Solid Waste Association, International Telecommunication Union, and the UN Environment Programme—the world produced 53.6 million metric tons of e-waste in 2019. This figure is expected to rise sharply, reaching approximately 74 million metric tons by 2030. This surge in e-waste generation has fueled demand for effective IT asset disposition services, which offer secure and sustainable disposal of retired or obsolete electronic equipment. Key Growth Drivers Growing E-Waste Concerns : The rapid adoption of technology has resulted in a significant incr...

  IT Asset Disposition  Industry Overview The global IT asset disposition market size was estimated at USD 20,513.0 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. The increasing electronic waste across the globe is the primary growth driver. According to Global E-waste Monitor Statistics (formed by the UN along with other associations such as the International Solid Waste Association, International Telecommunication Union, and UN Environment Programme), 53.6 million metric tons of electronic waste was generated in the year 2019, which has been anticipated to increase to 74 million metric tons by 2030. The increased generation of electronic waste has resulted in the high growth of the ITAD market. Data theft is among the significant factors that have been decelerating the market's growth, owing to the secretive nature of the data handled by government agencies. However, many companies in the IT asset ...