The global Digital Storage Device market was valued at US$ 3108.8 million in 2020 and it is expected to reach US$ 7296.6 million by the end of 2027, growing at a CAGR of 12.8% during 2021-2027.
Data storage device is a computing hardware that is used to store, port and extract data files and objects. Data storage devices are one of the core components of a computing device. It works as a storage medium which can be attached to a computer or a server, internally or externally.
Nearly half of the total device vendors are concentrated in North America providing digital storage devices for laptops, desktops, and portable storage. These vendors comprise a large market of storage device manufacturers. One of the major factors contributing to the growth of digital storage devices is the higher adoption of flash storage and rising penetration of smartphones with higher capacity storage. North America, due to early adoption of this technology, has experienced a high market share in digital storage devices market.
Global Digital Storage Device Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Digital Storage Device Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Lenovo, SanDisk Corporation, Transcend Information, Sony Corporation, Seagate Technology, Toshiba Corporation, Western Digital, Kingston Technology, Intel Corporation, Samsung Electronics, Lexar, Verbatim, Pny, Delkin, Panasonic, Phison, Maxell, Pqi, Integral, Kanguru Solutions, Datalocker, Apricorn, IStorage, Axiom and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-digital-storage-device-market-outlook
Segment by Type
- Hard Disk Drives (HDD)
- Solid State Drives (SSD)
- Memory Cards
- Floppy Disks
- Optical Disk Drives
- USB Flash Drives
Segment by Application
- Government or Military
Table of Content:
1 Digital Storage Device Market Overview
2 Digital Storage Device Market Competition by Manufacturers
3 Digital Storage Device Retrospective Market Scenario by Region
4 Global Digital Storage Device Historic Market Analysis by Type
5 Global Digital Storage Device Historic Market Analysis by Application
6 Key Companies Profiled
7 Digital Storage Device Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Digital Storage Device Market Dynamics
10 Global Digital Storage Device Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta