Tracking Market Conditions

IT Spending to Exceed Staggering $5 Trillion this Year: What It Means for ITAD and Sustainability

This year, global IT spending will reach a staggering $5.1 trillion, and that, according to Gartner, would be a near 10% growth from 2024, more precisely 9.8%. What’s likely to drive most of this massive spending would be companies’ digital transformation strategies. Big investments are going to pour into enterprise software and IT services, which […] Continue reading below.
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This year, global IT spending will reach a staggering $5.1 trillion, and that, according to Gartner, would be a near 10% growth from 2024, more precisely 9.8%. What’s likely to drive most of this massive spending would be companies’ digital transformation strategies. Big investments are going to pour into enterprise software and IT services, which include managed services, cloud infrastructure, and consulting. Within the particular segment of IT services reside some of the segments I track, that is electronics recycling and IT Asset Disposition (ITAD).

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Analyst/Author: David Daoud | Analyst

David Daoud has researched the mainstream IT hardware market since 1996 and expanded into hardware disposition research in 2003. He has spearheaded the creation of IDC’s GRADE certification. Since then, David has been providing consulting and expert advice to companies looking to establish best practice in their IT equipment decommissioning and helped leading ITAD service providers assess demand, understand competition, and forecast what’s to come. David is currently the Principal Analyst at Compliance Standards, which focuses entirely on the end-of-life of IT equipment. He can be reached at 508-981-6937 or at ddaoud@compliance-standards.com
What is Google telling us about the secondary market for IT and electronics?

What is Google telling us about the secondary market for IT and electronics?

Google’s Certified Refurbished Phone Program highlights a growing trend of OEMs entering the secondary market to control ecosystems, brand perception, and margins. This move disrupts traditional IT asset resale channels, creating challenges for ITAD vendors while underscoring the economic potential of refurbished IT assets. ITADs must adapt by focusing on premium services like ESG reporting and secure data handling to thrive in this evolving landscape.

Analysis: Sage Expands Beyond ITAD, Breaks into the Break-Fix Market

On October 22, 2024, Sage Sustainable Electronics (Sage) issued a press release via Businesswire to announce its acquisition of an electronics repair firm called Relectro. This acquisition is somewhat unique in Sage’s context because Relectro does not operate in Sage’s traditional ITAD space. It offers board-level and post-warranty repair for devices like laptops, tablets, and mobile handsets, which means that it operates in a stage that precedes Sage’s typical involvement. As such, we perceive this acquisition as a pathway for Sage to expand upstream in the ITAM sector.

Ingram Micro’s ITAD Business at a Crossroads: 2025 Could Be a Make-or-Break Year

I was excited to learn that Ingram Micro (IM) filed for an IPO on the last day of September. Becoming a public company would give us better visibility on how the company is performing, even if its ITAD unit is small in comparison to its core business. The IPO filing by Platinum Equity would pave the way for the return of Ingram Micro to the public market after it left it in 2016. In 2021, Platinum Equity acquired it from previous owner, HNA Group, for $7.4 billion.

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