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The IT asset disposition market size is estimated to grow by USD 14.85 billion at a CAGR of 11.48% between 2023 and 2028. The market is experiencing significant growth driven by several key factors. The increasing emphasis on regulatory compliances surrounding data security is compelling organizations to seek efficient ITAD solutions. Moreover, the growing adoption of cloud computing and the Bring Your Own Device (BYOD) trend are generating a substantial volume of retired IT assets, further driving the demand for ITAD services. Additionally, the rising proliferation of Internet of Things (IoT) devices is contributing to the expansion of the ITAD market as organizations seek to manage and dispose of obsolete hardware securely and responsibly. This market analysis and report includes important information on drivers, trends, and challenges during the forecasted period.
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The large organizations segment will account for a major share of the market's growth during the forecast period.? Large organizations often have complex IT infrastructures with diverse sets of equipment and a significant volume of data to manage. Large enterprises deal with vast amounts of sensitive data. Securely disposing of IT assets, including computers, servers, storage devices, and peripherals, is important to prevent data breaches and comply with stringent data privacy regulations.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Industry Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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