The Global Secure Data Disposal Market is expected to grow at a significant CAGR during the forecast period. When businesses purchase and implement new technologies, they face a new challenge: how to dispose off old and obsolete IT hardware. There are several complexities connected with this, as businesses cannot just dispose off their old equipment or pass it on to third-party firms, owing to the related confidentiality data security, compliance, safety, and environmental concerns and rules.
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Evernex offers a safe, environmentally friendly data disposal service for obsolete IT assets such as servers, hard drives, storage, networking, and other data centre equipment, as well as a complete data security solution that adheres to all International Security Standards. Sensitive data designated as P3 or P4 on computers, electronic devices, and electronic media must be securely deleted or destroyed prior to disposal, reuse, or return to vendor to avoid unauthorised access.
Adoption of big data is rising as a result of the exponential increase of digital data, and it is widely advocated by small and large businesses to handle their huge volumes of data. In current marketplace, digital data is expanding at an exponential rate. The proliferation of the Internet of Things (IoT) is generating massive amounts of digital data at a significant rate. As a result, the need for data storage and management solutions is rising. Data firms are investing in IT infrastructure, and new data management firms are joining the market. Companies store their data either on-premises or in the cloud, and memory devices are used for storage. Increasing the adoption of IoT will drive the global secure data disposal market growth.
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Market Coverage
- Segment Covered-
o By Product Type
o By Application
Competitive Landscape- Lenovo, HP, Tech Genix, Evernex, IBM, Computer Disposals Ltd, Garner Products, and Data Security Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
The Global Secure Data Disposal Market Segmentation
- By Product
- Hardware
- Software
- Service
- By Application
- Optical Media
- USB Storage Flash
- Hard Drives
- Floppy Disks
- Mobile Phones
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