Choosing the Right Partner: Factors to Consider in Selecting an IT Asset Disposition Provider
In 2024, the IT asset disposition market boasted a valuation of USD 15.5 billion, with projections indicating it could reach USD 23.5 billion by 2031, growing at a notable CAGR of 8.7% between 2024 and 2031. This growth can be attributed to several key factors, primarily the increasing demand for data and information security with older assets and the necessity to adhere to regulatory guidelines focused on environmental safety. Leading the way in 2024, Hewlett Packard Enterprise (HPE) secured the top spot in the IT asset disposition market, capturing a market share of 10–13%. HPE’s dominance can be attributed to its robust IT asset disposition product portfolio. Under the HPE Asset Upcycling Services umbrella, the company provides a range of services, including data cleansing, secure end-to-end logistics, automated pickup requests, and serialized asset tracking and testing. HPE stands out by offering investment solutions and expertise in technology asset management, which allows it to