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 strong market expansion is primarily driven by the rapid pace of technological advancements, which has resulted in significantly shorter lifecycles for IT devices. As new technologies and innovations are introduced at an accelerated rate, organizations are compelled to replace existing hardware more frequently to remain competitive and operationally efficient.

Both businesses and consumers are increasingly upgrading their IT equipment to keep pace with evolving software requirements, performance standards, and hardware capabilities. As a result, the demand for secure, efficient, and environmentally responsible disposal of outdated IT assets has grown substantially. This trend is further intensified by the rising adoption of cloud computing, Internet of Things (IoT) devices, and 5G technology, all of which are accelerating hardware refresh cycles. Consequently, the volume of end-of-life IT assets requiring proper handling, recycling, or disposal continues to increase, supporting the growth of the IT asset disposition market.

The growing focus on data security and regulatory compliance is another key factor contributing to the expansion of the IT asset disposition industry. With the implementation of strict data protection regulations such as GDPR, HIPAA, and CCPA, organizations face increased responsibility to ensure that sensitive and confidential data stored on retired IT assets is permanently destroyed. Failure to comply with these regulations can result in severe legal and financial consequences.

IT asset disposition service providers address these challenges by offering certified and secure data destruction services, helping organizations mitigate the risk of data breaches and ensure adherence to regulatory requirements. As awareness of cybersecurity threats continues to rise, businesses are increasingly turning to professional ITAD services rather than informal or unsecured disposal methods. This shift toward trusted, compliant, and secure disposal solutions is expected to further drive sustained growth in the IT asset disposition market over the forecast period.

Key Market Trends & Insights:

• Asia Pacific dominates the IT Asset Disposal market with the highest market share and is expected to register the highest CAGR of 15.8% from 2025 to 2030. This regional leadership is driven by rapid digitalization, expanding IT infrastructure, and the growing adoption of advanced technologies across emerging economies. The presence of large-scale manufacturing hubs, increasing investments in data centers, and rising awareness regarding sustainable e-waste management are further supporting the strong growth outlook for the region.

• The IT asset disposition market in the U.S. is expected to grow significantly at a CAGR of 11.4% from 2025 to 2030. This growth is primarily attributed to the country’s stringent data protection regulations, high levels of IT asset turnover, and widespread adoption of cloud-based services. Organizations in the U.S. are increasingly prioritizing secure and compliant disposal of retired IT assets to mitigate cybersecurity risks and ensure regulatory compliance, thereby driving demand for professional ITAD services.

• By asset type, the computers/laptops segment dominated the market with a revenue share of over 43.0% in 2024. The dominance of this segment is due to the high replacement rate of personal computing devices across enterprises and consumers, driven by frequent software upgrades, performance requirements, and remote working trends. The large installed base of computers and laptops continues to generate a substantial volume of end-of-life assets requiring secure disposal and recycling.

• By end use, the IT & telecom segment dominated the market and accounted for a revenue share of over 30.0% in 2024. This segment’s strong position is supported by rapid network upgrades, expanding telecom infrastructure, and frequent hardware refresh cycles within IT and telecommunications companies. The need to securely manage sensitive data and comply with regulatory standards further reinforces the adoption of IT asset disposition services within this end-use segment.

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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 2024

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 strengthening their market positions by pursuing a range of strategic initiatives such as new service development, partnerships and collaborations, acquisitions, and long-term agreements. Through these strategies, market participants aim to expand their service capabilities, improve operational efficiency, enhance sustainability offerings, and gain a competitive edge in an increasingly regulated and security-focused market. The following developments highlight some of the notable strategic initiatives undertaken by leading companies.

In February 2025, CompuCom Systems, Inc. announced a strategic partnership with Verkada to enhance security solutions for businesses through advanced cloud-based technology. This collaboration combines CompuCom’s extensive expertise in IT services with Verkada’s innovative physical security platforms. Together, the companies aim to deliver integrated, data-driven security solutions that help organizations better protect their people, assets, and operations. By utilizing intelligent analytics, cloud connectivity, and unified security infrastructure, the partnership seeks to offer smarter, more efficient protection while also generating valuable operational insights for customers.

In September 2024, Iron Mountain completed the acquisition of IT asset disposition firm Wisetek, marking a strategic expansion of its IT lifecycle management capabilities. Through the integration of Wisetek’s specialized expertise, Iron Mountain aims to strengthen its ability to deliver comprehensive, secure, and innovative ITAD solutions. This acquisition enables the company to broaden its service portfolio and provide customers with enhanced options for managing end-of-life IT assets in a secure, compliant, and environmentally sustainable manner.

In January 2024, Sims Lifecycle Services, Inc. entered into a collaboration with MOLG, a U.S.-based digital and automation tools provider, focused on automating the repurposing of Open Compute Project (OCP) data center materials. The partnership is designed to address the growing demand within the reverse data center supply chain by combining technical expertise and automation capabilities to support scalable operations. In addition to improving efficiency, this initiative is expected to contribute positively to sustainability efforts by extending the useful life of data center materials and reducing electronic waste within the industry.

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:

In conclusion, the global IT asset disposition market is expected to witness strong growth driven by the increasing rate of technology upgrades and shorter device lifecycles, which create a growing volume of retired IT equipment that must be securely and responsibly disposed of. Demand is supported by heightened focus on data security, regulatory compliance, and environmental sustainability, prompting businesses to adopt professional ITAD services. Additionally, rapid digital transformation—especially the adoption of cloud computing, IoT, and 5G technologies—continues to accelerate hardware refresh cycles and expand market opportunities around secure asset disposal, recycling, and refurbishment.