Digital Storage Devices Market Research Report – Forecast to 2027

Global Digital Storage Devices Market: Type (Flash Storage, Solid State Drives, Magnetic Disk Drives), Application (Personal Computer, Laptops, Smartphone), Storage (up to 8 Gb, 8-128 Gb, 128-512 Gb), Usage (Individual, Enterprise) – Forecast till 2027

ID: MRFR/ICT/4428-HCR | February, 2021 | Region : Global

Market synopsis


The digital storage devices are a kind of data storage device used to store and exchange data (files, images) and more. These devices prove essential for computing systems to store the necessary information and retrieve the same later. A few examples of digital storage devices are optical drives, magnetic drives, solid state drives, and the most widely used flash memory drive. The factors that affect the market growth include the increasing amount of data from digital services and industries like banking, healthcare, information technology and others. Another major factor that tends to increase the market growth is growth in cloud computing services. Moreover, the rising trend of smartphones with high capacity storage is also expected to fuel the market.


Segmentation


By the type, the market is segmented into flash storage, solid state drives, magnetic disk drives, optical disk drives, and others. Flash storage is further segmented into USB storage and memory card. Solid State drives are further segmented into flash memory based, DRAM-based, and other. Magnetic storage is further segmented into the floppy disk, magnetic recording tape, magnetic strips, hard disk, and others. Optical storage is further segmented into a digital versatile disc, compact disc, Blu-Ray DVD, and others.


On the basis of application, the market is segmented into personal computers, laptops, smartphone, networking, and others.


On the basis of storage, the market is segmented into up to 8 Gb, 8-128 Gb, 128-512 Gb, 512 Gb to 2 Tb, 2 Tb and above


On the basis of usage, the market is segmented into individual usage and enterprise usage


On the basis of region, the market is segmented into North America, Europe, Asia Pacific, and rest of the world.


Global Digital Storage Devices Market, USD Billion


 Digital Storage Devices Market


Source: MRFR Analysis


Regional analysis


The global digital storage devices market is estimated to grow at a significant rate during the forecast period due to higher demand for faster and secure storage devices. The geographical analysis of digital storage devices market marks the study for regions like North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and South America). Among these regions, the market is led by North America. 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.


As the demand for smartphones with higher and faster storage increases, semiconductor companies plying in Asia Pacific providing memory chips, magnetic storage, and others are expected to witness greater opportunities. The smartphone penetration rate is creating the need for secure data storage. Many companies are developing advanced products due to the rising demand for smart cards with magnetic storage in regions like the Middle East, Asia Pacific, and Africa.


Key players


Some of the major players in global digital storage devices market include Western Digital Technologies, Inc (U.S.), Toshiba Corporation (Japan), Sony Corporation (Japan), Intel Corporation (U.S.), Lenovo Group Ltd (China), Samsung Electronics Co Ltd (South Korea), SanDisk Corporation (U.S.), Seagate Technology PLC (U.S.), Teradata Corporation (U.S.), Transcend Information, Inc (Taiwan), among others.


Other vendors include Kingston Technology Corporation, Inc (U.S.) International Business Machines Corporation (U.S.), EMC Corporation (U.S.), Hewlett Packard Company (U.S.), Brocade Communications Systems, Inc. (U.S.), NetApp, Inc. (U.S.), Netgear, Inc. (U.S.), Fujitsu Ltd. (Japan), Violin Systems (U.S.), LSI Corporation (U.S.), Kingmax Semiconductor Inc. (Taiwan), Hitachi-LG Data Storage (South Korea), Promise Technology, Inc. (Taiwan), among others


The prominent players keep innovating and investing in research and development to maintain a cost-effective product portfolio. Recent mergers and acquisitions among the key players is a strategy the business entities leverage to strengthen their reach to the customers.


Intended Audience



  • Component manufacturers

  • Hardware vendors

  • Storage vendors

  • System integrators

  • Government agencies

  • Application end-user

  • Research Firms

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Bargaining power of Suppliers

4.1.5 Segment rivalry

4.2 Value Chain/Supply Chain of Global Digital Storage Devices Market

5 Overview of Global Digital Storage Devices Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Digital Storage Devices Market by Application

7.1 Introduction

7.2 Personal Computer

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Laptops

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Smartphones

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Networking

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 Others

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Digital Storage Devices Market by Usage

8.1 Introduction

8.2 Individual Usage

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Enterprise Usage

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Digital Storage Devices Market by Type

9.1 Introduction

9.2 Flash Storage

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.2.3 USB Storage

9.2.3.1 Market Estimates & Forecast, 2020-2027

9.2.3.2 Market Estimates & Forecast by Region, 2020-2027

9.2.4 Memory Card

9.2.4.1 Market Estimates & Forecast, 2020-2027

9.2.4.2 Market Estimates & Forecast by Region, 2020-2027

9.3 Solid State Drives

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.3.3 Flash Memory Based

9.3.3.1 Market Estimates & Forecast, 2020-2027

9.3.3.2 Market Estimates & Forecast by Region, 2020-2027

9.3.4 DRAM based

9.3.4.1 Market Estimates & Forecast, 2020-2027

9.3.4.2 Market Estimates & Forecast by Region, 2020-2027

9.3.5 Other

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Region, 2020-2027

9.4 Magnetic Disk Drives

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

9.4.3 Floppy Disk

9.4.3.1 Market Estimates & Forecast, 2020-2027

9.4.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4.4 Magnetic Recording Tape

9.4.4.1 Market Estimates & Forecast, 2020-2027

9.4.4.2 Market Estimates & Forecast by Region, 2020-2027

9.4.5 Magnetic Strips

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Region, 2020-2027

9.4.6 Hard Disk

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Region, 2020-2027

9.4.7 Others

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Region, 2020-2027

9.5 Optical Disk Drives

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Region, 2020-2027

9.5.3 Digital Versatile Disc

9.5.3.1 Market Estimates & Forecast, 2020-2027

9.5.3.2 Market Estimates & Forecast by Region, 2020-2027

9.5.4 Compact Disc

9.5.4.1 Market Estimates & Forecast, 2020-2027

9.5.4.2 Market Estimates & Forecast by Region, 2020-2027

9.5.5 Blu-Ray DVD

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Region, 2020-2027

9.5.6 Others

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Region, 2020-2027

9.6 Others

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Region, 2020-2027

10. Global Digital Storage Devices Market by Storage

10.1 Introduction

10.2 8 Gb

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 8-128 Gb

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 128-512 Gb

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.5 512 Gb to 2 Tb

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Region, 2020-2027

10.6 2 Tb and above

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Region, 2020-2027

11. Global Digital Storage Devices Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Application, 2020-2027

11.2.3 Market Estimates & Forecast by Usage, 2020-2027

11.2.4 Market Estimates & Forecast by Storage, 2020-2027

11.2.5 Market Estimates & Forecast by Type, 2020-2027

11.2.6 U.S.

11.2.6.1 Market Estimates & Forecast, 2020-2027

11.2.6.2 Market Estimates & Forecast by Application, 2020-2027

11.2.6.3 Market Estimates & Forecast by Usage, 2020-2027

11.2.6.4 Market Estimates & Forecast by Storage, 2020-2027

11.2.6.5 Market Estimates & Forecast by Type, 2020-2027

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast, 2020-2027

11.2.7.2 Market Estimates & Forecast by Application, 2020-2027

11.2.7.3 Market Estimates & Forecast by Usage, 2020-2027

11.2.7.4 Market Estimates & Forecast by Storage, 2020-2027

11.2.7.5 Market Estimates & Forecast by Type, 2020-2027

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast, 2020-2027

11.2.8.2 Market Estimates & Forecast by Application, 2020-2027

11.2.8.3 Market Estimates & Forecast by Usage, 2020-2027

11.2.8.4 Market Estimates & Forecast by Storage, 2020-2027

11.2.8.5 Market Estimates & Forecast by Type, 2020-2027

11.3 Europe

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Application, 2020-2027

11.3.3 Market Estimates & Forecast by Usage, 2020-2027

11.3.4 Market Estimates & Forecast by Storage, 2020-2027

11.3.5 Market Estimates & Forecast by Type, 2020-2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast, 2020-2027

11.3.6.2 Market Estimates & Forecast by Application, 2020-2027

11.3.6.3 Market Estimates & Forecast by Usage, 2020-2027

11.3.6.4 Market Estimates & Forecast by Storage, 2020-2027

11.3.6.5 Market Estimates & Forecast by Type, 2020-2027

11.3.7. France

11.3.7.1 Market Estimates & Forecast, 2020-2027

11.3.7.2 Market Estimates & Forecast by Application, 2020-2027

11.3.7.3 Market Estimates & Forecast by Usage, 2020-2027

11.3.7.4 Market Estimates & Forecast by Storage, 2020-2027

11.3.7.5 Market Estimates & Forecast by Type, 2020-2027

11.3.8 U.K

11.3.8.1 Market Estimates & Forecast, 2020-2027

11.3.8.2 Market Estimates & Forecast by Application, 2020-2027

11.3.8.3 Market Estimates & Forecast by Usage, 2020-2027

11.3.8.4 Market Estimates & Forecast by Storage, 2020-2027

11.3.8.5 Market Estimates & Forecast by Type, 2020-2027

11.4 Asia Pacific

11.4.1 Market Estimates & Forecast, 2020-2027

11.4.2 Market Estimates & Forecast by Application, 2020-2027

11.4.3 Market Estimates & Forecast by Usage, 2020-2027

11.4.4 Market Estimates & Forecast by Storage, 2020-2027

11.4.5 Market Estimates & Forecast by Type, 2020-2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast, 2020-2027

11.4.6.2 Market Estimates & Forecast by Application, 2020-2027

11.4.6.3 Market Estimates & Forecast by Usage, 2020-2027

11.4.6.4 Market Estimates & Forecast by Storage, 2020-2027

11.4.6.5 Market Estimates & Forecast by Type, 2020-2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast, 2020-2027

11.4.7.2 Market Estimates & Forecast by Application, 2020-2027

11.4.7.3 Market Estimates & Forecast by Usage, 2020-2027

11.4.7.4 Market Estimates & Forecast by Storage, 2020-2027

11.4.7.5 Market Estimates & Forecast by Type, 2020-2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast, 2020-2027

11.4.8.2 Market Estimates & Forecast by Application, 2020-2027

11.4.8.3 Market Estimates & Forecast by Usage, 2020-2027

11.4.8.4 Market Estimates & Forecast by Storage, 2020-2027

11.4.8.5 Market Estimates & Forecast by Type, 2020-2027

11.4.9 Rest of Asia Pacific

11.4.9.1 Market Estimates & Forecast, 2020-2027

11.4.9.2 Market Estimates & Forecast by Application, 2020-2027

11.4.9.3 Market Estimates & Forecast by Usage, 2020-2027

11.4.9.4 Market Estimates & Forecast by Storage, 2020-2027

11.4.9.5 Market Estimates & Forecast by Type, 2020-2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast, 2020-2027

11.5.2 Market Estimates & Forecast by Application, 2020-2027

11.5.3 Market Estimates & Forecast by Usage, 2020-2027

11.5.4 Market Estimates & Forecast by Storage, 2020-2027

11.5.5 Market Estimates & Forecast by Type, 2020-2027

11.5.6 The Middle East & Africa

11.5.6.1 Market Estimates & Forecast, 2020-2027

11.5.6.2 Market Estimates & Forecast by Application, 2020-2027

11.5.6.3 Market Estimates & Forecast by Usage, 2020-2027

11.5.6.4 Market Estimates & Forecast by Storage, 2020-2027

11.5.6.5 Market Estimates & Forecast by Type, 2020-2027

11.5.7 Latin Countries

11.5.7.1 Market Estimates & Forecast, 2020-2027

11.5.7.2 Market Estimates & Forecast by Application, 2020-2027

11.5.7.3 Market Estimates & Forecast by Usage, 2020-2027

11.5.7.4 Market Estimates & Forecast by Storage, 2020-2027

11.5.7.5 Market Estimates & Forecast by Type, 2020-2027

12. Company Profiles

12.1 Western Digital Technologies, Inc (U.S.)

12.1.1 Company Overview

12.1.2 Product/Business Segment Overview

12.1.3 Financial Updates

12.1.4 Key Developments

12.2 Toshiba Corporation (Japan)

12.2.1 Company Overview

12.2.2 Product/Business Segment Overview

12.2.3 Financial Updates

12.2.4 Key Developments

12.3 Sony Corporation (Japan)

12.3.1 Company Overview

12.3.2 Product/Business Segment Overview

12.3.3 Financial Updates

12.3.4 Key Developments

12.4 Intel Corporation (U.S.)

12.4.1 Company Overview

12.4.2 Product/Business Segment Overview

12.4.3 Financial Updates

12.4.4 Key Developments

12.5 Lenovo Group Ltd (China)

12.5.1 Company Overview

12.5.2 Product/Business Segment Overview

12.5.3 Financial Updates

12.5.4 Key Developments

12.6 Samsung Electronics Co Ltd (South Korea)

12.6.1 Company Overview

12.6.2 Product/Business Segment Overview

12.6.3 Financial Updates

12.6.4 Key Developments

12.7 SanDisk Corporation (U.S.)

12.7.1 Company Overview

12.7.2 Product/Business Segment Overview

12.7.3 Financial Updates

12.7.4 Key Developments

12.8 Seagate Technology PLC (U.S.)

12.8.1 Company Overview

12.8.2 Product/Business Segment Overview

12.8.3 Financial Updates

12.8.4 Key Developments

12.9 Teradata Corporation (U.S.)

12.9.1 Company Overview

12.9.2 Product/Business Segment Overview

12.9.3 Financial Updates

12.9.4 Key Developments

12.10 Transcend Information, Inc (Taiwan)

12.10.1 Company Overview

12.10.2 Product/Business Segment Overview

12.10.3 Financial Updates

12.10.4 Key Developments

13 Conclusion

LIST OF TABLES

Table1 World Population by Major Regions (2020 To 2030)

Table2 Global Digital Storage Devices Market: By Region, 2020-2027

Table3 North America Digital Storage Devices Market: By Country, 2020-2027

Table4 Europe Digital Storage Devices Market: By Country, 2020-2027

Table5 Asia Pacific Digital Storage Devices Market: By Country, 2020-2027

Table6 The Middle East & Africa Digital Storage Devices Market: By Country, 2020-2027

Table7 Latin America Digital Storage Devices Market: By Country, 2020-2027

Table8 Global Digital Storage Devices by Application Market: By Regions, 2020-2027

Table9 North America Digital Storage Devices by Application Market: By Country, 2020-2027

Table10 Europe Digital Storage Devices by Application Market: By Country, 2020-2027

Table11 Asia Pacific Digital Storage Devices by Application Market: By Country, 2020-2027

Table12 The Middle East & Africa Digital Storage Devices by Application Market: By Country, 2020-2027

Table13 Latin America Digital Storage Devices by Application Market: By Country, 2020-2027

Table14 Global Application Market: By Region, 2020-2027

Table15 North America Digital Storage Devices Market, By Country

Table16 North America Digital Storage Devices Market, By Application

Table17 North America Digital Storage Devices Market, By Usage

Table18 Europe: Digital Storage Devices Market, By Usage

Table19 Europe: Digital Storage Devices Market, By Application

Table20 Asia Pacific: Digital Storage Devices Market, By Country

Table21 Asia Pacific: Digital Storage Devices Market, By Application

Table22 Asia Pacific: Digital Storage Devices Market, By Usage

Table23 The Middle East & Africa: Digital Storage Devices Market, By Country

Table24 The Middle East & Africa Digital Storage Devices Market, By Application

Table25 The Middle East & Africa Digital Storage Devices Market, By Usage

Table26 Latin America: Digital Storage Devices Market, By Country

Table27 Latin America Digital Storage Devices Market, By Application

Table28 Latin America Digital Storage Devices Market, By Usage

LIST OF FIGURES

FIGURE 1 Global Digital Storage Devices market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Digital Storage Devices Market

FIGURE 4 Value Chain of Global Digital Storage Devices Market

FIGURE 6 Global Digital Storage Devices Market, 2020-2027,

FIGURE 8 Global Digital Storage Devices Market size by Application, 2020

FIGURE 10 Global Digital Storage Devices Market size by Usage, 2020


Digital Storage Devices Market