The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the E-waste and Information Technology Asset Disposition market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.

The global E-waste and Information Technology Asset Disposition (ITAD) market size is expected to reach USD 115.06 Billion at a steady revenue CAGR of 8.6% in 2028, according to latest analysis by Emergen Research. E-waste and ITAD market revenue growth is driven by deployment of regulatory compliance and increased awareness regarding the adverse impact of E-waste on health and on the environment. In 2019, approximately 54 million metric tons of electronic waste was generated worldwide. E-waste contains 75% of environmentally hazardous waste found in landfills and less than 20% is recycled each year. Rising focus on more efficient management of E-waste and information technology asset disposition is expected to support market growth going ahead.

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The complete regional analysis covers:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Competitive Landscape:

The latest report encases an in-depth summary of the intensely competitive landscape of the global E-waste and Information Technology Asset Disposition market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.

Key players in the market include Dell Technologies, Electronic Recyclers International, Inc., Hewlett Packard Enterprise, LifeSpan International, Umicore S.A., Aurubis AG, Tetronics (International) Ltd., IBM Corporation, Boliden AB, and Iron Mountain.

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Emergen Research has segmented the global E-waste and ITAD market on the basis of type, source, end-use, and region:

Type Outlook (Revenue, USD Billion; 2018–2028)

• Home appliances
• Medical equipment
• Laboratory devices
• IT devices
  1. Computers/Laptops
  2. Servers
  3. Mobile Devices
  4. Storage Devices
  5. Peripherals
• Others

Source Outlook (Revenue, USD Billion; 2018–2028)

• Household
• Consumer
• Industrial
• Others

End-use Outlook (Revenue, USD Billion; 2018–2028)

• IT and Telecom
• Banking, Financial Services, and Insurance (BFSI)
• Healthcare Industry
• Media and Entertainment
• Aerospace and Defense
• Educational Institutions
• Public Sector and Government Offices
• Manufacturing
• Others

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Highlights from the Report

• In July 2021, S2S Group, which is an ITAD company, expanded its operations in London by acquiring assets and customer base of Data Eliminate Ltd. The acquisition will improve S2S Group’s presence in London with immediate effect. The company also invested USD 2.04 million to purchase a secure warehouse and office complex in Rotherham.
• IT devices segment accounted for largest revenue share in 2020 as new technologies are being launched every year and GenX and millennials are gadget-obsessed. Most common IT devices found in wastes are LCD desktop monitors, smartphones. and laptops. Consumption of these devices is not reducing and it has been observed that an average cell phone user replaces their phone every 18 months and 1 billion cellphones, and 300 million computers go into production ever year. This is expected to increase further in the coming years.
• BFSI segment accounted for a significantly large revenue share in 2020 as the industry has highly confidential and secure data such as personal information and account details of customers and corporates. Any data breach could compromise crucial information and affect a company’s reputation and hamper credibility. Thus, these sectors are adopting reliable and efficient ITAD programs, not only to dispose old devices, but to also properly manage E-waste.

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