Analysis of the IT Asset Disposition Market, categorized by Service Type, Asset Type, Organization Size
The IT Asset Disposition (ITAD) Market is set for significant growth, with its value expected to increase from USD 15.1 billion in 2024 to about USD 23.7 billion by 2029, showing a CAGR of 9.5%. ITAD services offer secure and environmentally responsible solutions for retiring obsolete IT assets, including data sanitization, asset recovery, recycling, and resale. This addresses data security regulations and environmental standards, driven by rising awareness of data risks, stringent regulations, and growing electronic waste volumes across industries.