A portable storage device is a hard drive that is designed to store digital data. Increasing digitalization and availability of high-speed internet is generating a huge amount of data that required an effective storage solution that anticipating the growth of the portable data storage devices market. Furthermore, the growing use of laptops, smartphones, tablets across the globe are demanding for memory cards, USB storage, hard drives for storing, and exchanging of data is also influences the growth of the portable data storage devices market.
MARKET DYNAMICS
The growing demand for portable storage devices to store media files such as songs, movies, videos, documentaries, and other data is driving the growth of the portable data storage devices market. However, increasing the use of servers for storing data is the key hindering factor for the growth of the market. Moreover, the increasing popularity of portable storage devices owing to its flexibility, effective, scalable, and low-cost storage solution which expected to propel the growth of the portable data storage devices market.
MARKET SCOPE
The "Global Portable Data Storage Devices Market Analysis to 2028" is a specialized and in-depth study of the portable data storage devices industry with a special focus on the global market trend analysis. The report aims to provide an overview portable data storage devices market with detailed market segmentation by type, memory, and geography. The global portable data storage devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Portable data storage devices market players and offers key trends and opportunities in the portable data storage devices market.
MARKET SEGMENTATION
The global portable data storage devices market is segmented on the basis of type, memory. On the basis of type the market is segmented as external hard drives, USB Storage, memory cards, optical disks. On the basis of memory the market is segmented as below 256 GB, 256 GB to 1TB, above 1 TB.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Portable data storage devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The portable data storage devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting portable data storage devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the portable data storage devices market in these regions.
MARKET PLAYERS
The reports cover key developments in the portable data storage devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Portable data storage devices market are anticipated to lucrative growth opportunities in the future with the rising demand for portable data storage devices in the global market. Below mentioned is the list of few companies engaged in the portable data storage devices market.
The report also includes the profiles of key portable data storage devices companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ADATA Technology Co., Ltd.
- HP Development Company, L.P.
- Kingston Technology Corporation
- PNY Technologies Inc.
- Samsung
- Seagate Technology LLC
- Sony Corporation
- Toshiba Corporation
- Transcend Information, Inc.
- Western Digital Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.