Market Overview:
The global flash USB 3.0 drives market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data storage and rising trend of Bring Your Own Device (BYOD). Additionally, the growing trend of cloud storage is also contributing to the growth of this market. However, security concerns related to data stored on flash USB drives may restrain the growth of this market during the forecast period. Based on type, the global flash USB 3.0 drives market can be segmented into 16 GB, 64 GB, 128 GB and others segments. The 16 GB segment is expected to hold a major share in terms of revenue in 2018 and is projected to maintain its dominance throughout 2030 owing to its low cost as compared with other segments. Based on application, personal use held a dominant share in 2017 and it is anticipated that it will continue its dominance throughout 2030 due mainly due high adoption rate by consumers for storing their personal files such as photos, videos etc.
Product Definition:
A Flash USB 3.0 Drive is a type of storage device that uses flash memory to store data. This type of drive is faster than traditional hard drives, making it a good choice for devices that require quick access to data, such as smartphones and tablets.
16 GB:
16 GB is a large amount of storage space. It can store 1,000 HD movies or the complete works of Shakespeare. 16GB is enough space to store about 6,000 high-quality photos at full resolution.
The average size for a single photo file ranges from 2 MB to 5 MB and it can range up to 20 MB for each photo depending upon the camera settings and quality.
64 GB:
64 GB is a large enough capacity to store hours of HD video. It can also store several thousand digital photos. 64GB is more than adequate for storing high-definition movies, and it's more than sufficient for storing a lifetime's worth of digital photos.
The growing popularity of smartphones and tablets has led to the increasing demand for high-capacity flash USB drives, which can be used as an alternative to carrying around a bulky camera or loaders full of films.
Application Insights:
Personal use was the largest application segment in 2017 and is expected to maintain its lead over the forecast period. The growing personal use segment can be attributed to increasing demand for high-speed data transfer across multiple devices. In addition, a large number of players have adopted this technology for their home page which has further propelled market growth.
The office use segment is expected to register significant growth over the forecast period owing to an increase in demand from corporate users for transferring large files quickly. Furthermore, companies are adopting flash drives as an alternative medium due to increased security concerns regarding digital storage among organizations.
Other applications include education, retail.
Regional Analysis:
The North American regional market dominated the global flash USB 3.0 drives market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for high-speed data transfer, presence of major players such as SanDisk Corporation; Western Digital Technologies, Inc.; and Toshiba Global Storage Systems (GSS) Ltd., among others. Moreover, rising adoption of cloud storage services along with growing popularity of digital content has fueled the product demand in this region.
Asia Pacific is anticipated to emerge as a lucrative regional market over the forecast period owing to increasing number of technology collaborations between Asian companies and U.S.-based companies such as Google LLC; Microsoft Corporation; Amazon Web Services, Inc.; Hewlett Packard Enterprise Development LP; Cisco Systems, Inc.; Samsung Group Company Limited., etc For instance: In January 2016 - LaCie launched a collaboration with Apple Inc.
Growth Factors:
- Increasing demand for high-speed data transfer and storage
- Rising trend of Bring Your Own Device (BYOD) in the workplace
- Proliferation of portable devices and Ultrabooks
- Growing popularity of cloud storage services
- Advances in flash memory technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Flash USB 3.0 Drives Market Research Report
By Type
16 GB, 64 GB, 128 GB, Others
By Application
Personal Use, Office Use, Others
By Companies
HP, SanDisk, Lexar, Samsung, Kingston, Transcend, Fischer Connectors, Toshiba Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Flash USB 3.0 Drives Market Report Segments:
The global Flash USB 3.0 Drives market is segmented on the basis of:
Types
16 GB, 64 GB, 128 GB, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal Use, Office Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HP
- SanDisk
- Lexar
- Samsung
- Kingston
- Transcend
- Fischer Connectors
- Toshiba Electronics
Highlights of The Flash USB 3.0 Drives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 16 GB
- 64 GB
- 128 GB
- Others
- By Application:
- Personal Use
- Office Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flash USB 3.0 Drives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flash USB 3.0 Drives are a new type of flash drive that uses USB 3.0 technology to transfer data faster than traditional USB 2.0 drives. They are also smaller and lighter than traditional flash drives, making them easier to carry and use.
Some of the key players operating in the flash usb 3.0 drives market are HP, SanDisk, Lexar, Samsung, Kingston, Transcend, Fischer Connectors, Toshiba Electronics.
The flash usb 3.0 drives market is expected to grow at a compound annual growth rate of 9.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Flash USB 3.0 Drives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Flash USB 3.0 Drives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Flash USB 3.0 Drives Market - Supply Chain
4.5. Global Flash USB 3.0 Drives Market Forecast
4.5.1. Flash USB 3.0 Drives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Flash USB 3.0 Drives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Flash USB 3.0 Drives Market Absolute $ Opportunity
5. Global Flash USB 3.0 Drives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Flash USB 3.0 Drives Market Size and Volume Forecast by Type
5.3.1. 16 GB
5.3.2. 64 GB
5.3.3. 128 GB
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Flash USB 3.0 Drives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Flash USB 3.0 Drives Market Size and Volume Forecast by Application
6.3.1. Personal Use
6.3.2. Office Use
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Flash USB 3.0 Drives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Flash USB 3.0 Drives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Flash USB 3.0 Drives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Flash USB 3.0 Drives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Flash USB 3.0 Drives Demand Share Forecast, 2019-2026
9. North America Flash USB 3.0 Drives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Flash USB 3.0 Drives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Flash USB 3.0 Drives Market Size and Volume Forecast by Application
9.4.1. Personal Use
9.4.2. Office Use
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Flash USB 3.0 Drives Market Size and Volume Forecast by Type
9.7.1. 16 GB
9.7.2. 64 GB
9.7.3. 128 GB
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Flash USB 3.0 Drives Demand Share Forecast, 2019-2026
10. Latin America Flash USB 3.0 Drives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Flash USB 3.0 Drives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Flash USB 3.0 Drives Market Size and Volume Forecast by Application
10.4.1. Personal Use
10.4.2. Office Use
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Flash USB 3.0 Drives Market Size and Volume Forecast by Type
10.7.1. 16 GB
10.7.2. 64 GB
10.7.3. 128 GB
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Flash USB 3.0 Drives Demand Share Forecast, 2019-2026
11. Europe Flash USB 3.0 Drives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Flash USB 3.0 Drives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Flash USB 3.0 Drives Market Size and Volume Forecast by Application
11.4.1. Personal Use
11.4.2. Office Use
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Flash USB 3.0 Drives Market Size and Volume Forecast by Type
11.7.1. 16 GB
11.7.2. 64 GB
11.7.3. 128 GB
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Prjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Flash USB 3.0 Drives Demand Share, 2019-2026
12. Asia Pacific Flash USB 3.0 Drives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Flash USB 3.0 Drives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Flash USB 3.0 Drives Market Size and Volume Forecast by Application
12.4.1. Personal Use
12.4.2. Office Use
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Flash USB 3.0 Drives Market Size and Volume Forecast by Type
12.7.1. 16 GB
12.7.2. 64 GB
12.7.3. 128 GB
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Flash USB 3.0 Drives Demand Share, 2019-2026
13. Middle East & Africa Flash USB 3.0 Drives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Flash USB 3.0 Drives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Flash USB 3.0 Drives Market Size and Volume Forecast by Application
13.4.1. Personal Use
13.4.2. Office Use
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Flash USB 3.0 Drives Market Size and Volume Forecast by Type
13.7.1. 16 GB
13.7.2. 64 GB
13.7.3. 128 GB
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Flash USB 3.0 Drives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Flash USB 3.0 Drives Market: Market Share Analysis
14.2. Flash USB 3.0 Drives Distributors and Customers
14.3. Flash USB 3.0 Drives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HP
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SanDisk
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lexar
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Samsung
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kingston
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Transcend
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fischer Connectors
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toshiba Electronics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
