Now is the most lucrative time to be a certified electronics recycler, as the global industry is expected to quadruple in the next few years.
According to e-Scrap News, the annual e-scrap market is expected to reach nearly $41.4 billion by 2019, more than four times its 2012 value of $9.8 billion. By volume, the global e-scrap market reached 48.43 million tons of material in 2012. Volumes in 2019 are expected to reach about 141.1 tons, nearly tripling 2012 totals.
By revenue, steel accounted for a little more than a third of global e-scrap revenues. Steel, owing to its value as a recycled commodity, was also the most recycled material in the e-scrap stream during 2012. This may vary in the coming years as mobile devices put a burden on IT asset disposition providers.
The U.S. EPA estimates that recycling 1 million mobile phones reclaims 35,274 pounds of copper, 772 pounds of silver, 75 pounds of gold, and 33 pounds of palladium. HOBI is known the world over for its pioneering in IT asset management and electronics recycling processes, as well as a clean track record for data security.
MobileLife — While HOBI is a full-service ITAD service supplier, the company realizes the need for a mobile device management program. Its MobileLife service Mobile Device service has a strong focus on the resale and recycling of cellular assets, processing over 4 million cell phones annually.
EASE – Our enterprise asset services provide enterprises with a complete spectrum of services from asset management and repair to data erasure and recycling. EASE the burden of your mobile assets
Tablet Repair Services – HOBI’s closed-loop repair services can handle any volume of repairs for any mobile device deployed through your enterprise
Innovative Solutions — HOBI developed its own robust NIST 800-88 compliant erasure technology (HOBI Shield) for traditional hard drives, as well as for cell phones and tablet devices.
During the last 22 years, HOBI has established itself as a trusted ITAD provider by growing to meet the needs of not only our clients, but the industry as well. By expanding our services and offering unsurpassed customer service, HOBI is proud to be a best-in-class IT asset management and electronics recycler.