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NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global IT asset disposition (ITAD) market size is estimated to grow by USD 14.85 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 11.48% during the forecast period. Growing implementation of regulatory compliances regarding data security is driving market growth, with a trend towards increasing strategic partnerships and acquisitions by vendors. However, low awareness of itad poses a challenge. Key market players include 3 Step IT Group Oy, Apto Solutions Inc., Blancco Technology Plc, BRP Infotech Pvt. Ltd., CompuCom Systems Inc., DataSpan Inc., Dell Technologies Inc., EOL IT Services Ltd., Hewlett Packard Enterprise Co., Ingram Micro Inc., International Business Machines Corp., Iron Mountain Inc., LifeSpan International Inc., Ocean Enterprises LLC, Renewtech, Sims Ltd., SK Inc., TBS Industries Inc., Total IT Global, and Xeptor BV. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF IT Asset Disposition (ITAD) Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 11.48% Market growth 2024-2028 USD 14.85 billion Market structure Fragmented YoY growth 2022-2023 (%) 10.96 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 37% Key countries US, China, India, Germany, and UK Key companies profiled 3 Step IT Group Oy, Apto Solutions Inc., Blancco Technology Plc, BRP Infotech Pvt. Ltd., CompuCom Systems Inc., DataSpan Inc., Dell Technologies Inc., EOL IT Services Ltd., Hewlett Packard Enterprise Co., Ingram Micro Inc., International Business Machines Corp., Iron Mountain Inc., LifeSpan International Inc., Ocean Enterprises LLC, Renewtech, Sims Ltd., SK Inc., TBS Industries Inc., Total IT Global, and Xeptor BV Market Driver The IT Asset Disposition (ITAD) market is experiencing significant trends with a focus on data security, environmental protection, and regulatory compliance. NAID AAA and ISO standards ensure secure data destruction and responsible recycling. Asset recovery through data destruction, lifecycle management services, and reverse logistics are major drivers. Personally Identifying Information (PII) protection is crucial in cloud-based computing and data centers. ERI, Iron Mountain Incorporated, and Homeboy Recycling lead the ITAD industry, addressing old assets from IT & telecom segments. Regulatory requirements, such as HIPAA security rule, pose obstacles, but comprehensive ITAD programs help organizations navigate these challenges. The evolution of technologies, including cloud migration, data center consolidation, virtualization, and cloud adoption, impacts ITAD. Apple, a key player, data security. Major drivers include regulatory compliances, environmental safety, and legislation addressing e-waste. Investments in cloud-based technologies and new technologies like online auction platforms segment the ITAD market. Asset types include computers, Mobile Devices, Servers, Digital Storage Devices, Peripherals, and various services like Data Destruction, Recycling, Reverse Logistics, De-Manufacturing, and Remarketing. The Data Destruction segment dominates, with verticals like Aerospace & Defense and Energy and Power requiring specialized services. IOS 15 and other new technologies influence the market. Organizations must adapt to these trends and work processes to effectively manage IT equipment and ensure data security and environmental protection. Vendors in the IT Asset Disposition (ITAD) market are expanding their global reach and enhancing their competitive positions through strategic moves such as mergers and acquisitions, partnerships, and collaborations. For instance, IBM Corp. Bought SXiQ, an Australian digital transformation services company, in November 2021 , to broaden its cloud offerings. Similarly, Hewlett Packard Enterprise Co. Acquired Ampool in July 2021 , to boost its hybrid analytics capabilities. In August 2020 , CompuCom Systems Inc. Teamed up with Office Depot to offer IT hardware and services to small and mid-sized businesses in the US, supporting their remote workplaces. These deals demonstrate the industry's ongoing consolidation and collaboration trends. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This it asset disposition (itad) market report extensively covers market segmentation by 1.1 Large organizations- Large organizations face the challenge of managing complex IT infrastructures with a high volume of diverse equipment and significant amounts of sensitive data. With frequent technology upgrades and refresh cycles, a substantial number of IT assets are retired regularly. Securely disposing of these assets is essential to prevent data breaches and adhere to strict data privacy regulations. IT Asset Disposition (ITAD) services provide a scalable solution for managing the efficient disposal of large volumes of equipment. Outsourcing ITAD services to specialized providers ensures a streamlined and secure process, driving demand for these services among large enterprises. This demand is expected to positively impact the growth of the global ITAD market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The IT Asset Disposition (ITAD) market is a critical segment of the tech industry, focusing on the proper disposal and recycling of end-of-life IT equipment. ITAD services include asset recovery, data destruction, and lifecycle management. ISO standards ensure adherence to strict guidelines for data security and environmental protection. With the rise of cloud-based computing, data centers are downsizing, leading to an influx of old assets. Personally Identifying Information (PII) must be securely erased to comply with regulations like HIPAA. ERI, Netflix, and Amazon are among the companies leveraging ITAD services. Consolidation and BYOD trends drive the need for comprehensive ITAD programs. Energy-efficient products and IT lifecycle solutions are essential as technologies evolve. Obstacles include regulatory requirements and data security concerns. Las Vegas facility tours showcase best practices. The industry continues to adapt to cloud migration and the evolution of technologies. Market Research Overview The IT Asset Disposition (ITAD) market is a critical segment of the tech industry, focusing on the proper disposal and repurposing of IT equipment and technologies. ITAD services include asset recovery, data destruction, lifecycle management, and regulatory compliance. With the evolution of technologies such as cloud-based computing, data centers, and virtualization, the ITAD market is experiencing significant growth. Data security and environmental protection are major drivers in the ITAD industry, with NAID AAA and ISO standards ensuring the secure and responsible handling of Personally Identifying Information (PII) and other sensitive data. Regulatory requirements, such as HIPAA security rules, also play a role in the market. Obstacles to the ITAD market include consolidation in the industry, cloud migration, and data center decommissioning. However, new technologies, such as cloud-based ITAD solutions and online auction platforms, are helping to address these challenges. The ITAD market is segmented by asset type, including computers, mobile devices, servers, digital storage devices, peripherals, and services like data destruction, recycling, reverse logistics, de-manufacturing, and remarketing. Major industries served include Aerospace & Defense, Energy and Power, and the IT & telecom segment. Major players in the ITAD market include ERI, Iron Mountain Incorporated, and Homeboy Recycling, among others. The market is also impacted by legislation, such as e-waste regulations, and investments in new technologies, such as cloud-based ITAD solutions and new data destruction methods. Apple's recent announcement of iOS 15 includes new features for data security and privacy, further emphasizing the importance of ITAD services in the tech industry. Overall, the ITAD market is expected to continue growing as organizations seek to manage their IT equipment and data securely and responsibly. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/it-asset-disposition-market-to-grow-by-usd-14-85-billion-2024-2028-driven-by-stricter-data-security-regulations-with-ai-driving-market-transformation---technavio-302322463.html SOURCE TechnavioKyle Connor and Josh Morrissey look at their teams’ rosters for the upcoming 4 Nations Face-off and feel like kids in a candy store. So much sweetness – where do you begin? The two Winnipeg Jets and goalie Connor Hellebuyck will represent their countries in the February tournament, surrounded by many of the best players on the planet. “Just a ton of speed,” Connor, in Buffalo where the Jets were to take on the Sabres Thursday, said about the American squad. “Everybody brings something different to the table, but at the same time everybody’s pretty dynamic. It’s going to be fun. A lot of different line combinations you can probably come up with. Head coach is going to have a tough job. “But as a player you relish the opportunity to get a chance to play with somebody you might never get a chance to (again).” When Connor hits the ice with Team USA he’ll look around him and see Auston Matthews, Jack Eichel, the Tkachuk brothers, Matthew and Brady, the Hughes brothers, Jack and Quinn – the star-studded list goes on. “Anyway you slice it, there’s a ton of options,” he said. A ton of people he knows well, too. Five of Connor’s teammates are from his home state of Michigan: Hellebuyck, the Hughes brothers (Jack from the New Jersey Devils, Quinn with Vancouver), Dylan Larkin from the Red Wings and Columbus’s Zach Werenski. “We skate with those guys all summer,” the Jets winger said. “And to be able to get a chance to be in live competition and compete for something, it’s going to be really fun. “It’s a great honour. Something I’m looking forward to. It’s a close-knit group between a lot of those U.S. guys.” Like Connor, this will be Morrissey’s first experience with this many of the world’s top players in a tournament. Having watched as a 15-year-old when Sidney Crosby scored the golden goal for Canada in the Vancouver Olympics, the Jets defenceman will now be passing 37-year-old Sid the Kid the puck. “I’ve never had the chance to play with a guy like Sid, among a bunch of other great players,” Morrissey said. “You start playing the armchair coach and thinking about different options... it’s fun. It’s exciting. It’ll be an experience I can’t wait to be part of.” Among Morrissey’s other Canadian teammates: Nathan MacKinnon, Connor McDavid and Cale Makar, only the best in the world at their positions. “If you’re a coach sitting in the dressing room looking at the white board picking out lines and power plays and combinations, there’s so many great options,” he said. “My experience in short-term competitions it’s all about coming together as fast as possible. Buying into your role and coming together in a short term is important, and being dialled into the system.” Morrissey has played for Canada in two World Junior Championships and one World Championship, the last one coming seven years ago. Connor has pulled on the Stars and Stripes for a World Championship, but it’s been eight years for him. His NHL coach says his recognition as one of the best in the game is long overdue. “We often talk about (how) he goes under the radar at times,” Scott Arniel said. “Not everybody knowing his skill set and how well he plays.” Some early prognostications have the U.S. as the favourite going into the tournament. “No comment,” Connor said. “There’s a lot of good teams there.” His current teammate and future rival is on one of them. “The goal,” Morrissey said. “Is to go there and win the tournament.” paul.friesen@kleinmedia.ca X: @friesensunmedia
The argument that van Tulleken makes in a documentary that is the literal opposite of a binge-watch is that “big food” has invested millions into hacking our brains so we consume more and more “ultra-high processed foods” with devastating consequences for our health. He further contends that this is driving an epidemic of harmful eating (in Ireland, obesity rates doubled among women and tripled among men between 1990 and 2022). His thesis isn’t original. In 2001, Eric Schlosser’s Fast Food Nation warned fast-food chains were driving unhealthy dietary habits and feeding obesity. Van Tulleken claims that these strategies have leapt from the chain restaurant to our kitchens, where many of us find it more practical to ping a ready meal in the microwave than rustle something up from scratch. He talks to some of the whizzes who helped drive this food “revolution” in the 1970s. Dr Howard Moskowitz recalls how, while working in the 1970s for Campbell’s Soup, he identified the concept of the “bliss point,” which he explains in layperson’s terms as the amount of sugar in your coffee that brings maximum satisfaction. Too little sugar and the coffee is bitter; too much, and it’s too sweet. The right amount, and ping, your senses are ablaze. Moskowitz is proud of his breakthrough. He does not appear troubled by the argument that super-engineered foods have contributed to a public health disaster. He disagrees that food companies are engaged in “a sinister plot, like Ming the Magnificent – how shall we make the people of the world fat?” Whether by design or not, the food industry has cracked the code of how to make people eat more. One scientist explains how he would have volunteers eat ice cream while he measured their brain patterns, allowing him to identify which flavour and consistency produced the maximum pleasure. Another recalls urging the manufacturer of Pringles snacks to keep its tubular packaging narrow because “people like struggling to get their hand in, like they’re foraging bears”. The obvious antecedent is the tobacco industry, which designed its products to appeal to kids (the Joe Camel mascot) and, as recently as the mid-1990s, was denying the addictive properties of nicotine. It is no coincidence, says van Tulleken, that many tobacco companies got into the snacks business. It was essentially the same game: foisting unhealthy, addictive products on an oblivious public and reaping the rewards. The narrative around unhealthy eating has focused on personal responsibility – which is to ignore how our habits are encouraged by corporate interests. That’s the big message of Irresistible – that we should not feel guilty over how and what we eat but alarmed and angry that companies have knowingly got inside our heads and encouraged us to consume more than we need. He offers Colombia as a positive example, where high-sugar kids’ cereals carry ominous health warnings about potential dangers. Ultra-processed foods, says van Tulleken, are “engineered by some of the smartest people on earth to be irresistible”. He adds: “This is not your fault. It is not you. It is the food.”Perimeter solutions director Cool Tracy Britt sells $640,500 in stock
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WASHINGTON (AP) — Former President Bill Clinton was discharged from a Washington hospital on Tuesday and will be home for Christmas after he was admitted the day before with a fever . Clinton is being treated for the flu, Angel Urena, Clinton’s deputy chief of staff, said in a statement about his release. “He and his family are deeply grateful for the exceptional care provided by the team at MedStar Georgetown University Hospital and are touched by the kind messages and well wishes he received,” Urena said. “He sends his warmest wishes for a happy and healthy holiday season to all,” Urena said. The 78-year-old Democrat was hospitalized on Monday afternoon for testing and observation. Clinton served two terms as president from January 1993 until January 2001. He addressed the Democratic National Convention in Chicago this summer, and campaigned in the fall for Democratic Vice President Kamala Harris , who lost the election to Republican Donald Trump in November. Clinton recently published his newest book, “Citizen,” a memoir about his life after the White House and the role of philanthropy in it.
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