Data Center IT Asset Disposition Market Size, Share, Trends,
Analysis 2032

Data center IT asset disposition market size is estimated to
register over 9% CAGR between 2024 to 2032, owing to the rapid pace of
technological advancements and the subsequent undesirability of IT equipment.
Data centers, frequently upgrade their hardware to keep pace with the evolving
demands for performance, capacity, and energy efficiency. As a result, there is
a constant influx of retired IT assets that require proper disposition to
mitigate environmental risks and comply with data security regulations.

Moreover, the rising concerns regarding data security and
privacy are driving the demand for secure IT asset disposition solutions. With
data breaches becoming more prevalent and stringent regulations governing data
protection, organizations are prioritizing the secure handling and disposal of
sensitive information stored on decommissioned IT assets.

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For instance, in the U.S., data breaches compromising
personal health information have impacted 88 million individuals, marking a 60%
increase in 2023. To that end, data center operators are emphasizing on
ensuring that all data-bearing devices, such as hard drives and solid-state
drives, are securely sanitized or destroyed to prevent unauthorized access to
confidential data.

The data center IT asset disposition industry is segmented
into assets, organization size, application, end-user and region.

In terms of assets, the data center IT asset disposition
market size from the GBIC segment is anticipated to witness substantial growth
through 2032, as data centers upgrade their networking infrastructure to
support higher bandwidth and faster data transmission speeds. GBIC modules,
although no longer in use, also contain valuable components and materials that
can be recovered and recycled, contributing to the circular economy, and
reducing electronic waste.

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By end-user, the data center IT asset disposition market
from the colocation providers segment is anticipated to observe a significant
CAGR during 2024 and 2032. As these facilities host a multitude of clients with
diverse IT infrastructure needs, they frequently upgrade and refresh their
equipment to accommodate evolving demands for performance, capacity, and
efficiency. This constant cycle of equipment refreshment generates a steady
stream of retired IT assets that require proper disposition to ensure regulatory
compliance and data security.

Asia Pacific data center IT asset disposition industry will
record impressive growth over 2024-2032, attributed to the booming digital
economy and rapid technological advancement. With APAC emerging as a global hub
for data center infrastructure investment and expansion, there is a significant
demand for efficient IT asset disposition solutions to manage the lifecycle of
decommissioned equipment. Moreover, stringent environmental regulations and the
increasing focus on sustainability will further fuel the adoption of
responsible disposal practices among data center operators in the region.

Major players operating in the
data center IT asset disposition market are Apto Solutions, Inc., CXtec Inc., Dell
Inc., Hewlett Packard Enterprise, International Business Machines Corporation, IRON
Global, Inc., Iron Mountain Incorporated, LifeSpan International, Inc., Sims
Lifecycle Services, TES-AMM Pte Ltd.

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