According to a new market research report published by Credence Research “IT Asset Disposition (ITAD) Market (Product – Mobile Devices, Computers/Laptops, Peripherals, Server Equipment, Network Equipment and Others; Service Type – Asset Tracking, Destruction/Sanitation, Recovery, Recycling and Others; Industry Vertical – IT & Telecom, BFSI, Government & Defense, Media & Entertainment, Education, Healthcare, Manufacturing and Others) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global IT asset disposition market to expand with a CAGR of 6.7% from 2017 to 2025.
The purpose of the report is to illustrate the state of the market of Sterile Injectables, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The IT asset disposition market is majorly driven by the rising electronics industry worldwide. Being one of the most dynamic industries worldwide, manufacturers are always inclined towards developing more energy efficient products so as to cater to the ever-changing industry requirements. This however results into a major concern for business enterprises to dispose of the existing infrastructure. Due to continually rising penetration of electronic products such as handheld devices, office equipment, computer/laptops and others, proper recycling of such products becomes a major concern.
One of the major concerns for enterprises (principally data centers) is to reduce their power consumption from server equipment. Thus, it becomes highly essential to periodically replace the existing infrastructure so as to ensure no device performs inefficiently. Opting for IT asset disposition service vendors simplifies the overall IT asset lifecycle process. Although IT asset disposal is time consuming and relatively costly service, it is highly crucial for business enterprises having heavy IT infrastructure.
Another major factor driving the market growth is increasing activity in the overall e-recycling and smelting industries. The overall electronics industry is not more inclined towards reusing the resources used across different devices and systems. Additionally, due to rising concerns regarding the environmental policies, IT asset disposition has been witnessing increased interest from different industry verticals. Improper disposal of electronic devices results into adverse impact on environment. Subsequently, several regulations have been enforced upon organizations for suitable recycling of electronic assets. This is another major factor propelling the market growth.
The overall IT asset disposition market is segmented on the basis of products, service type, industry verticals and geographic regions. On the basis of products, the market is segment into mobile devices, computers/laptops, peripherals, server equipment, network equipment and others. Further, based on the services, the market is segmented into asset tracking, destruction/sanitation, recovery, recycling and others. Based on industry verticals, the market is categorized into IT & Telecom, BFSI, government & defense, media & entertainment, education, healthcare, manufacturing and others. As of 2016, the market is led collectively by the IT & telecom and media & entertainment industry verticals. On the basis of geographic regions, the market is classified into North America, Europe, Asia Pacific and rest of the world (RoW).
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Sterile Injectables buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of It Asset Disposition contains:
Analysis and forecast of Sterile Injectables market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Sterile Injectables market;
Assessment and forecast of Sterile Injectables market development;
Financial and business profiles of the leading companies in the Sterile Injectables industry.
– Up to date working Sterile Injectables data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Sterile Injectables for the period 2018 to 2026
– Planned Sterile Injectables additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Sterile Injectables projects by region, key countries, and companies
– Details of major planned Sterile Injectables projects in the world up to 2026
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