Portable Data Storage Market Key Findings, Regional Analysis, Top Key Players, Profiles and Future Prospects
Market Highlights
Market Research
Future (MRFR) in its report on the global portable data storage market 2020
states different governing factors and their impact on the market. A complete assessment
of the impact of the pandemic on the portable data storage market is released
in the report. MRFR study revealed that the portable data storage market can
exceed USD 2,698.5 million by in 2018 and value at USD 9,581.8 million on the
conclusion of the forecast period. Portable data storage devices can store high
amount of digital information at a high pace. The high data stability offered
by portable devices enable enterprises to rely on these devices for sharing
large volume of data. This can support the expansion of the portable data
storage market in the years to ahead. Every new
up-gradation of data software is observed to gain high popularity that can
promote the expansion of the market in the near future.
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Segmentation:
The segment assessment of the global portable data
storage market are file formatting, type, and memory.
By type based segments of the global portable data
storage market are USB storage, flash storage, external CD/DVD drives, and
external hard drives among other. The memory based segments of the portable
data storage global market are 256 GB to 1TB, below 256 GB, and above 1 TB. The
file formatting based segments of the portable data storage market are FAT32
and NTFS.
The advent of modern technologies to track, process,
and manage massive amount of data generate from different businesses can
bolster the expansion of the portable data storage market in the years to come.
The centralized access of data offered by portable data storage devices is
creating high popularity across large and small enterprises, which can impel
the expansion of the regional market in the years to come. Effectiveness,
scalability, and low-cost storage solution benefits of portable data storage
market can also support the expansion of the market in the years to come.
Regional Analysis
The portable data storage market is studied across
Europe, North America, and Asia Pacific, following MEA. North America portable
data storage market is likely to experience a significant expansion across the
analysis period. The rise of the portable data storage market in the North
America region can be attributed to high technical advancements and
well-established infrastructure. The rise in data generation from data centers
and from consumer devices that are connected to the internet are creating the
need for portable data storage. This can prompt the expansion of the regional
data storage market in the years to come. In Asia Pacific, the increased
application of data portable storage devices and the presence of a high number
of producers can bolster the expansion of the regional market. In EU,
governments are investing considerably in data storage technologies to enhance
existing storage infrastructure and avail improved operation and production
processes. The introduction of better data storage technologies can bolster the
expansion of the market in the years ahead.
Key Players
These players of the portable data storage market is
identified by origin, regional presence, recent developments, industry
expertise, and product diversification. Toshiba Corporation (Japan), Western
Digital Corporation (US), Transcend Information Inc (Taiwan), Samsung
Electronics Co. Ltd (South Korea), Seagate Technology PLC (US), Kingston
Technology Corporation (US), Sony Corporation (Japan), Buffalo Americas Inc.
(US), ADATA Technology Co. Ltd (Taiwan), HP Inc. (US), MicroNet Technology
(US)(Fantom Drives), Patriot Memory (US), PNY Technologies (US), Dell Inc.
(US), and AsusTek Computer Inc (Taiwan) are some key players that are
likely to contribute significantly to portable data storage market as listed by
MRFR.
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Portable Data Storage Market Research Report:
Information by Type (Flash Storage, USB Storage, External Hard Drives, and
External CD/DVD Drives), Memory (Below 256 GB, 256 GB to 1TB, and Above 1 TB),
File Formatting (NTFS and FAT32), and Region (North America, Europe,
Asia-Pacific, South America, Middle East & Africa)—Forecast till 2025
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