IT Asset Disposition Market: Assessing the Impact of Cloud Technology

The global IT asset disposition market was estimated at USD 25.31 billion in 2024 and is projected to reach USD 54.54 billion by 2030, reflecting a compound annual growth rate (CAGR) of 14.0% from 2025 to 2030. This growth is primarily driven by rapid technological advancements, which result in shorter device lifecycles.

As both businesses and consumers frequently upgrade their IT equipment to meet evolving software and hardware demands, the need for secure and sustainable disposal of outdated assets has significantly increased. This trend is further amplified by the rising adoption of cloud computing, IoT devices, and 5G technology, which accelerate hardware refresh cycles and heighten the volume of end-of-life IT assets that require proper disposal.

The growing focus on data security and regulatory compliance also plays a crucial role in the expansion of the IT asset disposition industry. With stringent regulations such as GDPR, HIPAA, and CCPA, organizations face increasing pressure to ensure that sensitive data stored on retired IT assets is securely destroyed. IT asset disposition (ITAD) providers offer certified data destruction services that mitigate the risk of data breaches and ensure adherence to legal requirements. The increasing awareness of cybersecurity threats has led businesses to prefer professional ITAD services over informal or unsecured disposal methods.

**** 

Key Market Trends & Insights

• Asia Pacific leads the IT asset disposition market, holding the largest market share, and is expected to register the highest CAGR of 15.8% from 2025 to 2030.
• The IT asset disposition market in the U.S. is projected to grow significantly, with a CAGR of 11.4% from 2025 to 2030.
• By asset type, the computers/laptops segment dominated the market, accounting for over 43.0% of revenue in 2024.
• In terms of end use, the IT & telecom segment led the market, contributing over 30.0% of revenue in 2024.

**** 

Order a free sample PDF of the IT Asset Disposition Market Intelligence Study, published by Grand View Research.

**** 

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

Prominent players in the IT asset disposition sector include CompuCom Systems, Inc., Sims Lifecycle Services, Inc., Iron Mountain, Dell Inc., and IBM Corporation. These companies are pursuing various strategic initiatives—including new product development, partnerships, and collaborations—to gain a competitive edge. Here are some notable examples:

In February 2025, CompuCom Systems, Inc. announced a strategic partnership with Verkada aimed at enhancing security solutions for businesses through advanced cloud-based technology. This collaboration combines Compucom’s IT service expertise with Verkada’s innovative physical security systems, providing organizations with a streamlined, data-driven approach to safeguarding people, assets, and operations. The partnership leverages intelligent analytics and integrated security infrastructure to deliver smarter protection while generating valuable operational insights.

• In September 2024, Iron Mountain acquired the IT asset disposition (ITAD) firm Wisetek, a strategic move designed to strengthen its capabilities in delivering comprehensive IT lifecycle solutions. With Wisetek’s expertise, Iron Mountain aims to expand its service offerings, providing clients with more advanced, secure, and sustainable options for managing end-of-life IT assets.
• In January 2024, Sims Lifecycle Services, Inc. partnered with MOLG, a U.S.-based digital and automation tools firm, to automate the repurposing of Open Compute Project (OCP) data center materials. This collaboration addresses the growing demands within the reverse data center supply chain by combining technical expertise to support scalable operations, contributing to sustainability efforts within the sector.

**** 

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.

**** 

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

**** 

Conclusion

The IT asset disposition market is experiencing robust growth driven by technological advancements, increasing data security concerns, and regulatory compliance requirements. As businesses prioritize the secure disposal of outdated IT equipment, the demand for professional ITAD services is likely to rise. Supported by strategic partnerships and innovative solutions, the industry is well-positioned to meet these emerging challenges and opportunities in the coming years.