Data Center IT Asset Disposition Market - U.S. Highly Lucrative Country-wide Data Center IT Asset Disposition Market
The demand in the global data center IT asset disposition market is projected to increment at a healthy CAGR of 6.8% during the forecast period of 2017 to 2025, gaining traction from a number of factors such as growing emphasis on the development of new electronic products, categorical innovations in the IT industry across the world, regulatory policies for the maintenance of environment safety, data security from old assets, and increasing adoption of new technology across various enterprises. On the other hand, lack of awareness, high service cost, and lenient IT asset disposition polices in various countries are a few factors hindering the proper prosperity of the market.
The global data center IT asset disposition market will be worth US$13.87 bn by the end of 2025, substantially up from its evaluated worth of US$7.74 bn in 2016. In terms of volume, the data center IT asset disposition market will be catering to 91 mn units by 2025. Increasing adoption of cloud services across the world is incrementing the efficient and secure elimination of discarded devices. This factor will continue to open new opportunities for the stockholders of the global data center IT asset disposition market.
Based on asset-type, the global data center IT asset disposition market is segmented into server, HDD, memory modules, CPU, GBIC, line cards, laptops, desktops, and SSD. Among these, SSD, memory module and server segment are the major asset types supplementing the growth of data center IT asset disposition market in forthcoming years. By service, global data center IT asset disposition market is categorized into data sanitation/ destruction, remarketing/resale and recycling. Among these services, data sanitation/ destruction and remarketing/resale are the key segments supplementing the growth of data center IT asset disposition market. Market players are implementing aggressive remarketing strategies to attract enterprise level customers and increase their output in terms of remarketed products sold.
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