Skip to main content

Data Center IT Asset Disposition Market: Industry Analysis And Detailed Profiles Of Top Industry Players

A recent market intelligence study by Transparency Market Research (TMR) detects that the global Data Center IT Asset Disposition Market is in development phase with a highly prosperous future, owing to the ubiquity of electronic devices that need proper disposing in order to preserve the environment. There are plenty of opportunities for the existing players, with most of them implementing aggressive remarketing strategies to add to their enterprise level customers as well as focusing on incrementing their output in terms of remarketed products sold. For instance, CCS providers such as Facebook Inc., Amazon Web Services Inc., Google Inc., Microsoft Corporation, and Apple Inc. have employed ITAD programs and procedures to dispose discarded assets in order to efficiently manage their unusable IT assets. This strategy enables them to comply with the regulatory policies pertaining to the environment and increase their returns.

As per the projections of the TMR report, the demand in the global data center IT asset disposition market will increase at an impressive CAGR of 6.8% during the forecast period of 2017 to 2025, estimating it to reach a valuation of US$13.87 bn by the end of 2025, substantially up from its evaluated worth of US$7.74 bn in 2016. Some of the key companies currently operating in the global data center IT asset disposition market are: Dell Inc., Hewlett Packard Enterprise Company (HPE), Arrow Electronics, Inc., Apto Solutions, Inc., CloudBlue Technologies, Inc (Ingram Micro, Inc.), LifeSpan International, Inc., Iron Mountain Incorporated., ITRenew Inc., TES-AMM Pte Ltd., and Sims Recycling Ltd.


Servers Emerge as Highly Profitable Asset-type Segment

Based on asset type, the report segments the global data center IT asset disposition market into memory modules, servers, CPU, HDD, GBIC, desktops, line cards, laptops, and SSD, and rates serve as the most in-demand segment, gaining traction from the proliferation of cloud computing, growing number of data centers, and growing big data applications. On the basis of service, the market has been bifurcated into data sanitation or destruction, remarketing or resale, and recycling, with data sanitation of destruction providing maximum demand, as a result of compliance with the National Institute of Standards and Technology (NIST) and Department of Defense (DoD) guidelines.

Geographically, the report takes stock of the potential of data center IT asset disposition market in the regions of North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America, with North America currently being the most lucrative region, serving 34% of the demand in 2015. On the other hand, Asia Pacific is anticipated to increment the demand at most prominent growth rate among all the regions, driven by high adoption rate of cloud services by numerous enterprises in the a number of emerging economies such as Japan, Singapore, China, India, and South Korea.


Regulatory for Eco-friendly Practices Driving Demand

Regulatory compliances in several countries to preserve the environment, growing need of information, escalating data security concerns from old assets, and increasing adoption of new technology and Byod are some of the key factors driving the demand in the global data center IT asset disposition market. On the other hand, lack of awareness, high service cost, and limitation of comprehensive IT asset disposition policies are a few challenges obstructing the global data center IT asset disposition market from attaining its true potential. Nevertheless, the vendors of this market are expected to gain new opportunities from value recover from obsolete assets as well as strategic partnerships and acquisitions of promising new entrants.



Some of the key companies currently operating in the global data center IT asset disposition market are: Hewlett Packard Enterprise Company (HPE), Dell Inc., Arrow Electronics, Inc., CloudBlue Technologies, Inc., Apto Solutions, Inc., LifeSpan International, Inc., ITRenew Inc., Iron Mountain Incorporated., and Sims Recycling Ltd. In the near future, as the government policies get stricter, vast opportunities will arise, which will lure new players and intensify the competitive landscape of the global data center IT asset disposition market.

Comments

Post a Comment

Popular posts from this blog

RFID Tags Market is Expected to Grow at the Highest CAGR During the Forecast Period

Key players in the  U.S. RFID tags market  are Atmel Corporation, HID USA Corporation, Invengo Information Technology Ltd. Co., and NXP Semiconductors N.V. Competition among them and among other players are expected to heat up further over the course of next few years as they try to expand their market shares both via the inorganic route of mergers and acquisitions and organic route of product development and diversification. A report on the market published by Transparency Market Research finds that it would rise at an 8.5% CAGR over the course of the forecast period starting from 2017 and ending in 2025. At this pace, the market which was valued at US$809.4 mn in 2016, will likely become worth US$1,672.5 mn by 2025-end. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24536 The two types of RFID tags available in the market are active and passive tags. Between the two, the demand for passive RFI...
Post a Comment
Read more

Data Center Fabric Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Fabric-based architecture supports the data center by eradicating the necessity of switch-to-switch interactions, multiple layers of devices and also the shared network protocols. It condenses the complication of a data center network and improves its efficiency. In a data center, fabric embodies interconnection of several servers, storage, and other ports for networking in an ultra-low latency set-up, which provides any-to-any connectivity, making each device only single hop away from every other device. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2227 Data center fabric market is driven by emerging technologies such as data center virtualization, cloud computing and big data analytics. Vendors in this market face challenges such as security issues and scalability in transparent bridging. One of the major opportunities in the market are for providing advanced data center fabric solutions that are more s...
Post a Comment
Read more

Mobile Security Software Market is Projected to be Fueled by Rapid Technological Advancements

Major drivers of the mobile security market are antivirus, e-mail spam blocking, and malware removal. Technological development in mobile security software and substantial research in this industry are contributing to the growth of this market. Today mobile phones are used as multipurpose devices, their exposure to various online and offline threats have increased significantly thus the need of MSS is rising day by day. This market is expected to witness tremendous growth in the coming years with the increasing number of mobile users and increasing awareness for mobile security. Get PDF Sample of This Report @  https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=304 General lack of awareness about mobile vulnerability and increase in mobile malware is driving the emerging yet dynamic market of mobile security products. This market is mainly driven by business concerns for protecting corporate assets and information, and being vulnerable to various...
Post a Comment
Read more