ID: MRFR/ICT/2600-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis
The global portable data storage market was valued at USD 2,698.5 million in 2018 and is expected to reach USD 9,581.8 million by the end of the forecast period. Portable data storage are devices that store digital information. The portable storage devices can store large amounts of data at a much faster rate. The high data stability of portable devices enables enterprises to rely on portable devices while sharing a large volume of data. Major factors driving the portable data storage market includes government regulation for businesses to store and maintain a backup of a variety of data. To protect data from virus and malware, these portable data devices offer a reliable backup solution. This along with their high storage capacity, are driving the market growth. According to the study by MRFR, each new up-gradation of software and the operating system requires high storage capacity of hard drives. Furthermore, the growing need to store media files, such as movies, videos, songs, and documentaries, for making it available to users on a network is increasing the demand for portable data storage.
With the advent of the Internet and other emerging technologies, businesses are generating a massive amount of data, which need to be managed and stored in a centralized place for easy access. Portable storage devices are increasingly becoming popular among large and small enterprises as an effective, scalable, and low-cost storage solution. Since May 2018, the European Union’s General Data Protection Regulation (GDPR) has mandated the deployment of secure storage devices to protect customer privacy for companies around the world. This has led various companies to opt for reliable and secure storage devices for data protection, which has increased the adoption of portable storage devices.
Segmentation
The global portable data storage market has been segmented based on type, memory, file formatting, and region.
By type, the global portable data storage market has been segregated into flash storage, USB storage, external hard drives, external CD/DVD drives, and other.
By memory, the global portable data storage market has been segmented into below 256 GB, 256 GB to 1TB, and above 1 TB.
By file formatting, the global portable data storage market has been divided into NTFS and FAT32.
By region, the portable data storage market has been classified as North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis
Globally, the portable data storage market has been categorized into four regions—North America, Europe, Asia-Pacific, and the rest of the world. The rest of the world has been further divided into the Middle East & Africa and South America. It has been observed that North America is estimated to account for the largest share of the market, followed by Europe. The significant growth of the portable data storage market in North America attributed to the technical advancements and well-established infrastructure in that region. Moreover, North America is dominating the market, owing to an increased amount of data generation from data centers and consumer devices connected to the internet.
However, Asia-Pacific is projected to grow at the fastest rate during the forecast period owing to major data portable storage device manufacturers present in the region. The governments of several countries in this region, such as China, India, and Japan, are increasingly investing in data storage technology to enhance their existing storage infrastructure and process to improve the production and operation processes.
Competitive Landscape
The presence of several global vendors characterizes the global portable data storage market. To serve high demand from end users, companies are competing with each other as well as facing competition from other emerging small- and medium-sized companies. Active distribution channel and proficiency of reaching goods to the customer on the desired time interval is also playing a crucial role in increasing competition in the market. Moreover, the cost, quality, accuracy, and reliability of products are some of the factors that help vendors to sustain in an intensely competitive market. Furthermore, technological advancements for the adoption of portable data storages are some of the factors that are expected to drive the market during the forecast period.
Key Players
The key players in the portable data storage market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are Western Digital Corporation (US), Toshiba Corporation (Japan), Samsung Electronics Co. Ltd (South Korea), Seagate Technology PLC (US), Transcend Information Inc (Taiwan), Sony Corporation (Japan), Kingston Technology Corporation (US), ADATA Technology Co. Ltd (Taiwan), Buffalo Americas Inc. (US), MicroNet Technology (US)(Fantom Drives), HP Inc. (US), PNY Technologies (US), Patriot Memory (US), AsusTek Computer Inc (Taiwan), and Dell Inc. (US). These players contribute significantly to market growth.
Intended Audience
Frequently Asked Questions (FAQ) :
The global portable data storage market is expected to record a considerable market size of USD 9.5 billion by 2027.
The global portable data storage market reached a substantial market valuation of USD 2.7 billion by 2018.
The global portable data storage market is projected to register a significant 20% CAGR in the forecast period.
USD storage and enternal hard drive segments are slated to expand as the fastest-growing segment.
The major market players operating in the global portable data storage market are HP Inc. (US), Toshiba Corporation (Japan), Samsung Electronics Co. Ltd (South Korea),PNY Technologies (US), AsusTek Computer Inc (Taiwan), and Dell Inc. (US).
TABLE OF CONTENTS
1 Executive Summary
1.1 Market Attractiveness
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
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 Rivalry
4.1.5 Bargaining Power of Suppliers
4.2 Value Chain/Supply Chain of the Global Portable Data Storage Market
5 Market Landscape
5.1 Introduction
5.2 Growth Drivers
5.2.1 Impact Analysis
5.3 Market Restraints
5.3.1 Impact Analysis
5.4 Challenges
5.5 Opportunity
6 Market Trends
6.1 Technological Trends
7 Portable Data Storage Market, by Type
7.1 Introduction
7.2 Flash Storage
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 SSD
7.2.2.1 Market Estimates & Forecast, 2020-2027
7.2.3 Memory Cards
7.2.3.1 Market Estimates & Forecast, 2020-2027
7.2.4 Others
7.2.4.1 Market Estimates & Forecast, 2020-2027
7.3 USB Storage
7.3.1 Market Estimates & Forecast, 2020-2027
7.4 External Hard Drives
7.4.1 Market Estimates & Forecast, 2020-2027
7.5 External CD/DVD Drives
7.5.1 Market Estimates & Forecast, 2020-2027
7.6 Others
7.6.1 Market Estimates & Forecast, 2020-2027
8 Portable Data Storage Market, by Memory
8.1 Introduction
8.2 Below 256 GB
8.2.1 Market Estimates & Forecast, 2020-2027
8.3 256 GB to 1TB
8.3.1 Market Estimates & Forecast, 2020-2027
8.4 Above 1 TB
8.4.1 Market Estimates & Forecast, 2020-2027
9 Portable Data Storage Market, by File Formatting
9.1 Introduction
9.2 NTFS
9.2.1 Market Estimates & Forecast, 2020-2027
9.3 FAT32
9.3.1 Market Estimates & Forecast, 2020-2027
9.4 Others
9.4.1 Market Estimates & Forecast, 2020-2027
10 Portable Data Storage Market, by Region
10.1 Introduction
10.2 North America
10.2.1 Market Estimates & Forecast, by Country, 2020-2027
10.2.2 Market Estimates & Forecast, by Type, 2020-2027
10.2.3 Market Estimates & Forecast, by Memory, 2020-2027
10.2.4 Market Estimates & Forecast, by File Formatting, 2020-2027
10.2.5 US
10.2.5.1 Market Estimates & Forecast, by Type, 2020-2027
10.2.5.2 Market Estimates & Forecast, by Memory, 2020-2027
10.2.5.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.2.6 Mexico
10.2.6.1 Market Estimates & Forecast, by Type, 2020-2027
10.2.6.2 Market Estimates & Forecast, by Memory, 2020-2027
10.2.6.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.2.7 Canada
10.2.7.1 Market Estimates & Forecast, by Type, 2020-2027
10.2.7.2 Market Estimates & Forecast, by Memory, 2020-2027
10.2.7.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3 Europe
10.3.1 Market Estimates & Forecast, by Country, 2020-2027
10.3.2 Market Estimates & Forecast, by Type, 2020-2027
10.3.3 Market Estimates & Forecast, by Memory, 2020-2027
10.3.4 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3.5 Germany
10.3.5.1 Market Estimates & Forecast, by Type, 2020-2027
10.3.5.2 Market Estimates & Forecast, by Memory, 2020-2027
10.3.5.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3.6 France
10.3.6.1 Market Estimates & Forecast, by Type, 2020-2027
10.3.6.2 Market Estimates & Forecast, by Memory, 2020-2027
10.3.6.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3.7 Italy
10.3.7.1 Market Estimates & Forecast, by Type, 2020-2027
10.3.7.2 Market Estimates & Forecast, by Memory, 2020-2027
10.3.7.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3.8 Spain
10.3.8.1 Market Estimates & Forecast, by Type, 2020-2027
10.3.8.2 Market Estimates & Forecast, by Memory, 2020-2027
10.3.8.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3.9 UK
10.3.9.1 Market Estimates & Forecast, by Type, 2020-2027
10.3.9.2 Market Estimates & Forecast, by Memory, 2020-2027
10.3.9.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.3.10 Rest of Europe
10.3.10.1 Market Estimates & Forecast, by Type, 2020-2027
10.3.10.2 Market Estimates & Forecast, by Memory, 2020-2027
10.4 Asia-Pacific
10.4.1 Market Estimates & Forecast, by Country, 2020-2027
10.4.2 Market Estimates & Forecast, by Type, 2020-2027
10.4.3 Market Estimates & Forecast, by Memory, 2020-2027
10.4.4 Market Estimates & Forecast, by File Formatting, 2020-2027
10.4.5 China
10.4.5.1 Market Estimates & Forecast, by Type, 2020-2027
10.4.5.2 Market Estimates & Forecast, by Memory, 2020-2027
10.4.5.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.4.6 India
10.4.6.1 Market Estimates & Forecast, by Type, 2020-2027
10.4.6.2 Market Estimates & Forecast, by Memory, 2020-2027
10.4.6.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.4.7 Japan
10.4.7.1 Market Estimates & Forecast, by Type, 2020-2027
10.4.7.2 Market Estimates & Forecast, by Memory, 2020-2027
10.4.7.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.4.8 Rest of Asia-Pacific
10.4.8.1 Market Estimates & Forecast, by Type, 2020-2027
10.4.8.2 Market Estimates & Forecast, by Memory, 2020-2027
10.4.8.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5 Rest of the World
10.5.1 Market Estimates & Forecast, by Country, 2020-2027
10.5.2 Market Estimates & Forecast, by Type, 2020-2027
10.5.3 Market Estimates & Forecast, by Memory, 2020-2027
10.5.4 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.5 Middle East & Africa
10.5.5.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.5.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.5.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.5.4 Saudi Arabia
10.5.5.4.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.5.4.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.5.4.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.5.5 UAE
10.5.5.5.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.5.5.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.5.5.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.5.6 South Africa
10.5.5.6.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.5.6.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.5.6.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.5.7 Rest of Middle East & Africa
10.5.5.7.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.5.7.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.5.7.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.6 South America
10.5.6.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.6.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.6.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.6.4 Brazil
10.5.6.4.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.6.4.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.6.4.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.6.5 Argentina
10.5.6.5.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.6.5.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.6.5.3 Market Estimates & Forecast, by File Formatting, 2020-2027
10.5.6.6 Rest of South America
10.5.6.6.1 Market Estimates & Forecast, by Type, 2020-2027
10.5.6.6.2 Market Estimates & Forecast, by Memory, 2020-2027
10.5.6.6.3 Market Estimates & Forecast, by File Formatting, 2020-2027
11 Competitive Landscape
11.1 Overview
11.2 Key Players: Market Share Analysis
11.3 Competitive Benchmarking
12 Company Profiles
12.1 Western Digital Corporation
12.1.1 Company Overview
12.1.2 Product/Business Segment Overview
12.1.3 Financial Updates
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 Toshiba Corporation
12.2.1 Company Overview
12.2.2 Product/Business Segment Overview
12.2.3 Financial Updates
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 Samsung Electronics Co Ltd
12.3.1 Company Overview
12.3.2 Product/Business Segment Overview
12.3.3 Financial Updates
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 Seagate Technology PLC
12.4.1 Company Overview
12.4.2 Product/Business Segment Overview
12.4.3 Financial Updates
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 Transcend Information, Inc.
12.5.1 Company Overview
12.5.2 Product/Business Segment Overview
12.5.3 Financial Updates
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 Sony Corporation
12.6.1 Company Overview
12.6.2 Product/Business Segment Overview
12.6.3 Financial Updates
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7 Kingston Technology Corporation
12.7.1 Company Overview
12.7.2 Product/Business Segment Overview
12.7.3 Financial Updates
12.7.4 Key Developments
12.7.5 SWOT Analysis
12.7.6 Key Strategies
12.8 ADATA Technology Co Ltd
12.8.1 Company Overview
12.8.2 Product/Business Segment Overview
12.8.3 Financial Updates
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 Buffalo Americas, Inc.
12.9.1 Company Overview
12.9.2 Product/Business Segment Overview
12.9.3 Financial Updates
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.10 MicroNet Technology (Fantom Drives)
12.10.1 Company Overview
12.10.2 Product/Business Segment Overview
12.10.3 Financial Updates
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategies
12.11 HP Inc
12.11.1 Company Overview
12.11.2 Product/Business Segment Overview
12.11.3 Financial Updates
12.11.4 Key Developments
12.11.5 SWOT Analysis
12.11.6 Key Strategies
12.12 PNY Technologies
12.12.1 Company Overview
12.12.2 Product/Business Segment Overview
12.12.3 Financial Updates
12.12.4 Key Developments
12.12.5 SWOT Analysis
12.12.6 Key Strategies
12.13 Patriot Memory
12.13.1 Company Overview
12.13.2 Product/Business Segment Overview
12.13.3 Financial Updates
12.13.4 Key Developments
12.13.5 SWOT Analysis
12.13.6 Key Strategies
12.14 AsusTek Computer Inc
12.14.1 Company Overview
12.14.2 Product/Business Segment Overview
12.14.3 Financial Updates
12.14.4 Key Developments
12.14.5 SWOT Analysis
12.14.6 Key Strategies
12.15 Dell Inc
12.15.1 Company Overview
12.15.2 Product/Business Segment Overview
12.15.3 Financial Updates
12.15.4 Key Developments
12.15.5 SWOT Analysis
12.15.6 Key Strategies
13 Conclusion
LIST OF TABLES
Table 1 Global Portable Data Storage Market, by Type, 2020-2027
Table 2 Global Portable Data Storage Market, by File Formatting, 2020-2027
Table 3 Global Portable Data Storage Market, by Memory, 2020-2027
Table 4 Global Portable Data Storage Market, by Region, 2020-2027
Table 5 North America: Portable Data Storage Market, by Country, 2020-2027
Table 6 North America: Portable data storage , Market, by Type, 2020-2027
Table 7 North America: Portable data storage , Market, by File Formatting, 2020-2027
Table 8 North America: Portable Data Storage Market, by Memory, 2020-2027
Table 9 US: Portable Data Storage Market, by Type, 2020-2027
Table 10 US: Portable Data Storage Market, by File Formatting, 2020-2027
Table 11 US: Portable Data Storage Market, by Memory, 2020-2027
Table 12 Canada: Portable data storage , Market, by Type, 2020-2027
Table 13 Canada: Portable data storage , Market, by File Formatting, 2020-2027
Table 14 Canada: Portable Data Storage Market, by Memory, 2020-2027
Table 15 Mexico: Portable data storage , Market, by Type, 2020-2027
Table 16 Mexico: Portable data storage , Market, by File Formatting, 2020-2027
Table 17 Mexico: Portable Data Storage Market, by Memory, 2020-2027
Table 18 Europe: Portable Data Storage Market, by Country, 2020-2027
Table 19 Europe: Portable Data Storage Market, by Type, 2020-2027
Table 20 Europe: Portable Data Storage Market, by File Formatting, 2020-2027
Table 21 Europe: Portable Data Storage Market, by Memory, 2020-2027
Table 22 Germany: Portable Data Storage Market, by Type, 2020-2027
Table 23 Germany: Portable Data Storage Market, by File Formatting, 2020-2027
Table 24 Germany: Portable Data Storage Market, by Memory, 2020-2027
Table 25 France: Portable Data Storage Market, by Type, 2020-2027
Table 26 France: Portable Data Storage Market, by File Formatting, 2020-2027
Table 27 France: Portable Data Storage Market, by Memory, 2020-2027
Table 28 UK: Portable Data Storage Market, by Type, 2020-2027
Table 29 UK: Portable Data Storage Market, by File Formatting, 2020-2027
Table 30 UK: Portable Data Storage Market, by Memory, 2020-2027
Table 31 Spain: Portable Data Storage Market, by Type, 2020-2027
Table 32 Spain: Portable Data Storage Market, by File Formatting, 2020-2027
Table 33 Spain: Portable Data Storage Market, by Memory, 2020-2027
Table 34 Italy: Portable Data Storage Market, by Type, 2020-2027
Table 35 Italy: Portable Data Storage Market, by File Formatting, 2020-2027
Table 36 Italy: Portable Data Storage Market, by Memory, 2020-2027
Table 37 Asia-Pacific: Portable Data Storage Market, by Country, 2020-2027
Table 38 Asia-Pacific: Portable Data Storage Market, by Type, 2020-2027
Table 39 Asia-Pacific: Portable Data Storage Market, by File Formatting, 2020-2027
Table 40 Asia-Pacific: Portable Data Storage Market, by Memory, 2020-2027
Table 41 China: Portable Data Storage Market, by Type, 2020-2027
Table 42 China: Portable Data Storage Market, by File Formatting, 2020-2027
Table 43 China: Portable Data Storage Market, by Memory, 2020-2027
Table 44 Japan: Portable Data Storage Market, by Type, 2020-2027
Table 45 Japan: Portable Data Storage Market, by File Formatting, 2020-2027
Table 46 Japan: Portable Data Storage Market, by Memory, 2020-2027
Table 47 India: Portable Data Storage Market, by Type, 2020-2027
Table 48 India: Portable Data Storage Market, by File Formatting, 2020-2027
Table 49 India: Portable Data Storage Market, by Memory, 2020-2027
Table 50 Rest of Asia-Pacific: Portable Data Storage Market, by Type, 2020-2027
Table 51 Rest of Asia-Pacific: Portable Data Storage Market, by File Formatting, 2020-2027
Table 52 Rest of Asia-Pacific: Portable Data Storage Market, by Memory, 2020-2027
Table 53 Rest of the World: Portable Data Storage Market, by Country, 2020-2027
Table 54 Rest of the World: Portable Data Storage Market, by Type, 2020-2027
Table 55 Rest of the World: Portable Data Storage Market, by File Formatting, 2020-2027
Table 56 Rest of the World: Portable Data Storage Market, by Memory, 2020-2027
LIST OF FIGURES
FIGURE 1 Global Portable Data Storage Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Portable Data Storage Market
FIGURE 4 Value Chain of Global Portable Data Storage Market
FIGURE 5 Share of Global Portable Data Storage Market in 2020, by Country (in %)
FIGURE 6 Global Portable Data Storage Market, 2020-2027
FIGURE 7 Sub-Segments of Type
FIGURE 8 Global Portable Data Storage Market Size, by Type, 2020
FIGURE 9 Share of Global Portable Data Storage Market, by Type, 2020-2027
FIGURE 10 Sub-Segments of File Formatting
FIGURE 11 Global Portable Data Storage Market Size, by File Formatting, 2020
FIGURE 12 Share of Global Portable Data Storage Market, by File Formatting, 2020-2027