The global IT asset disposition market size was estimated at USD 25.31 billion in 2024 and is projected to reach USD 54.54 billion by 2030, growing at a CAGR of 14.0% from 2025 to 2030. This growth is primarily fueled by the rapid pace of technological advancements, which continue to shorten the lifecycle of IT devices across industries.

As both businesses and individual consumers upgrade their IT equipment more frequently to keep pace with evolving software demands, enhanced hardware capabilities, and digital transformation initiatives, the volume of obsolete or end-of-life IT assets has increased significantly. The widespread adoption of cloud computing, the proliferation of IoT devices, and the rollout of 5G technology have further accelerated hardware refresh cycles, creating a substantial need for secure, efficient, and environmentally responsible disposal of outdated equipment.

Another major factor supporting market expansion is the increasing focus on data security and regulatory compliance. Strict data protection laws, including GDPR, HIPAA, and CCPA, require organizations to maintain stringent controls over how sensitive information stored on retired IT assets is handled and destroyed. As a result, companies are turning to professional ITAD providers that offer certified data destruction services to reduce the risk of data breaches and ensure compliance with legal obligations. In addition, rising concerns surrounding cybersecurity threats and the risks associated with improper disposal have prompted businesses to move away from informal or unsecured disposal practices, further boosting the adoption of specialized ITAD services.

Key Market Trends & Insights:

• Asia Pacific dominates the IT asset disposition market, holding the highest market share, primarily due to the region’s rapid technological expansion, strong manufacturing base, and continuous digital transformation across industries. The region’s growing adoption of advanced IT infrastructure and frequent hardware refresh cycles have significantly contributed to its leadership position.

• Within the region, the China IT asset disposition market held a substantial market share in 2024, supported by the country’s large-scale electronics production, widespread enterprise digitization, and increasing emphasis on data security and sustainable disposal practices.

• By asset type, the computers/laptops segment dominated the market, accounting for over 43.0% of the revenue share in 2024. This dominance is driven by the high turnover of these devices in both corporate and consumer environments, as well as rapid updates in computing technologies that lead to shorter replacement cycles.

• By end use, the IT & telecom segment led the market, representing over 30.0% of the revenue share in 2024. This segment’s strong position is attributed to its extensive use of data-sensitive equipment, continuous upgrades to maintain operational efficiency, and the critical need for secure, compliant disposal of retired IT assets.

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Market Size & Forecast:

• 2024 Market Size: USD 25.31 billion

• 2030 Projected Market Size: USD 54.54 Billion

• CAGR (2025-2030): 14.0%

• Asia Pacific: Largest market in 2023

Key Companies & Market Share Insights:

Key players operating in the IT asset disposition industry include CompuCom Systems, Inc., Sims Lifecycle Services, Inc., Iron Mountain, Dell Inc., and IBM Corporation. These companies are actively pursuing a range of strategic initiatives—such as new product development, partnerships, collaborations, and formal agreements—to strengthen their market presence and gain a competitive edge. These efforts enable them to expand their service portfolios, enhance technological capabilities, and address evolving customer needs. Below are some notable examples of such initiatives.

In February 2025, CompuCom Systems, Inc. announced a strategic partnership with Verkada to enhance security offerings for businesses by integrating advanced cloud-based technology. This collaboration combines CompuCom’s extensive expertise in IT services with Verkada’s cutting-edge physical security platforms. Together, they aim to provide organizations with a unified, data-driven security framework that enhances the protection of people, assets, and operations. By utilizing intelligent analytics and integrated security infrastructure, the partnership seeks to deliver smarter, more efficient security solutions while also offering valuable insights to improve operational performance.

In September 2024, Iron Mountain strengthened its market position through the acquisition of Wisetek, a leading IT asset disposition (ITAD) firm. This strategic acquisition significantly enhances Iron Mountain’s ability to deliver comprehensive and innovative IT lifecycle solutions. By integrating Wisetek’s specialized expertise and global footprint, Iron Mountain aims to broaden its service capabilities and offer customers more advanced, secure, and environmentally responsible options for managing end-of-life IT equipment.

In January 2024, Sims Lifecycle Services, Inc. entered into a collaboration with MOLG, a U.S.-based company specializing in digital and automation tools. The partnership focuses on automating the repurposing of Open Compute Project (OCP) data center materials. This joint initiative is designed to address increasing demands in the reverse data center supply chain by leveraging both companies’ technical strengths to build scalable and efficient operations. Additionally, the collaboration supports broader sustainability goals within the industry by promoting responsible recovery and reuse of data center components.

Key Players

• Apto Solutions Inc.

• CompuCom Systems, Inc.

• Dell Inc.

• Hewlett Packard Enterprise Development LP

• IBM Corporation

• Ingram Micro Services

• Iron Mountain

• ITRenew

• LifeSpan International Inc.

• Sims Lifecycle Services, Inc.

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Conclusion:

The IT asset disposition market is expected to grow strongly, fueled by increasing device refresh cycles, rapid technology adoption, and stricter data security regulations. As companies and consumers upgrade hardware more frequently, the demand for secure, compliant, and sustainable disposal solutions is rising. Key players are capitalizing on this trend through partnerships, innovation, and enhanced service portfolios. The growing focus on recycling and eco-friendly disposal pathways provides additional upside for the ITAD ecosystem.