Market Overview:
The Global Electronic Media Erasure Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for data security and privacy across different industry verticals. Coil degaussers are expected to hold the largest share of the market in 2018, owing to their low cost and easy portability.
Product Definition:
The term electronic media erasure refers to the process of deleting or removing data from a storage device or electronic medium. The importance of electronic media erasure lies in its ability to protect sensitive information from being accessed by unauthorized individuals. By securely deleting data, organizations can minimize the risk of confidential information being compromised.
Coil Degaussers:
Coil degaussers are electronic equipment used to remove magnetic information from a recording or video stream. It is mainly used in the media erasure market, which involves the destruction of all data related to an event or incident that has taken place. The main function of coil degaussers is to destroy any residual magnetism from recording devices and hard drives after an erase operation.
Capacitive Discharge Degaussers:
Capacitive discharge degaussers are devices used to remove magnetic information from an electronic medium. The process works by charging the surface of a wafer or substrate with a high voltage and then applying a series of AC-DC electric fields, which cause the charge to be drawn into thin air along with any attached metal ions.
The device is mainly used for erasing data from hard discs, credit cards, magnetic tapes and other ferrous media.
Application Insights:
On the basis of application, the market is segmented into defense and government, financial company, hospital, radio/TV/broadcasting data storage company and others. The radio/TV/broadcasting segment held a major share in 2017. This can be attributed to growing demand for electronic media erasure from various sectors such as IT & telecommunication and entertainment industry. In addition to this factor several other factors are responsible for driving demand such as rising concerns regarding data security among consumers which eventually benefits the market growth.
The healthcare sector is anticipated to emerge as one of the fastest-growing segments over the forecast period owing to increasing investments by governments across countries in order to improve healthcare infrastructure along with an increase in spending on medical devices & equipment which ultimately benefits market growth during future years (2030 - 2037).
Regional Analysis:
North America dominated the global electronic media erase market in terms of revenue share in 2017. The growth can be attributed to the presence of major technology players such as Furukawa Electric Co., Ltd.; ITW-Magnetics Inc.; and Neoluxury Group, S.A.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand for consumer electronics products such as smartphones and tablets from developing countries like India, China, South Korea, and Japan among others. Moreover, rising investments by technology companies for manufacturing their products within Asia Pacific are anticipated to drive demand over the next eight years.
Growth Factors:
- Increasing demand for data security and privacy
- Proliferation of connected devices and the Internet of Things (IoT)
- Growing trend of BYOD (Bring Your Own Device) in enterprises
- Emergence of big data and analytics
- Increased focus on information governance
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Media Erasure Market Research Report
By Type
Coil Degaussers, Capacitive Discharge Degaussers, Permanent Magnet Degaussers
By Application
Defense and Government, Financial Company, Hospital, Radio/TV/Broadcasting, Data Storage Company, Others
By Companies
Garner, VS Security, Security Engineered Machinery, Proton Data Security, intimus, Data Security, Inc, Whitaker Brothers, IDEAL.MBM Corporation, Beijing Heshenda Information, ZhongChaoWeiye, Garner
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Media Erasure Market Report Segments:
The global Electronic Media Erasure market is segmented on the basis of:
Types
Coil Degaussers, Capacitive Discharge Degaussers, Permanent Magnet Degaussers
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
Defense and Government, Financial Company, Hospital, Radio/TV/Broadcasting, Data Storage Company, 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:
- Garner
- VS Security
- Security Engineered Machinery
- Proton Data Security
- intimus
- Data Security, Inc
- Whitaker Brothers
- IDEAL.MBM Corporation
- Beijing Heshenda Information
- ZhongChaoWeiye
- Garner
Highlights of The Electronic Media Erasure 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:
- Coil Degaussers
- Capacitive Discharge Degaussers
- Permanent Magnet Degaussers
- By Application:
- Defense and Government
- Financial Company
- Hospital
- Radio/TV/Broadcasting
- Data Storage Company
- 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 Electronic Media Erasure 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
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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?
Electronic media erasure is the process of physically removing electronic media from an environment. This can be done by destroying or deleting the data on the electronic media, or by rendering it inoperable.
Some of the key players operating in the electronic media erasure market are Garner, VS Security, Security Engineered Machinery, Proton Data Security, intimus, Data Security, Inc, Whitaker Brothers, IDEAL.MBM Corporation, Beijing Heshenda Information, ZhongChaoWeiye, Garner.
The electronic media erasure market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Media Erasure Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Media Erasure Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Media Erasure Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Media Erasure Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Media Erasure Market Size & Forecast, 2018-2028
4.5.1 Electronic Media Erasure Market Size and Y-o-Y Growth
4.5.2 Electronic Media Erasure Market Absolute $ Opportunity
Chapter 5 Global Electronic Media Erasure Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Media Erasure Market Size Forecast by Type
5.2.1 Coil Degaussers
5.2.2 Capacitive Discharge Degaussers
5.2.3 Permanent Magnet Degaussers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Media Erasure Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Media Erasure Market Size Forecast by Applications
6.2.1 Defense and Government
6.2.2 Financial Company
6.2.3 Hospital
6.2.4 Radio/TV/Broadcasting
6.2.5 Data Storage Company
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Media Erasure Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Media Erasure Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Media Erasure Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Media Erasure Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Media Erasure Market Size Forecast by Type
9.6.1 Coil Degaussers
9.6.2 Capacitive Discharge Degaussers
9.6.3 Permanent Magnet Degaussers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Media Erasure Market Size Forecast by Applications
9.10.1 Defense and Government
9.10.2 Financial Company
9.10.3 Hospital
9.10.4 Radio/TV/Broadcasting
9.10.5 Data Storage Company
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Media Erasure Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Media Erasure Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Media Erasure Market Size Forecast by Type
10.6.1 Coil Degaussers
10.6.2 Capacitive Discharge Degaussers
10.6.3 Permanent Magnet Degaussers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Media Erasure Market Size Forecast by Applications
10.10.1 Defense and Government
10.10.2 Financial Company
10.10.3 Hospital
10.10.4 Radio/TV/Broadcasting
10.10.5 Data Storage Company
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Media Erasure Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Media Erasure Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Media Erasure Market Size Forecast by Type
11.6.1 Coil Degaussers
11.6.2 Capacitive Discharge Degaussers
11.6.3 Permanent Magnet Degaussers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Media Erasure Market Size Forecast by Applications
11.10.1 Defense and Government
11.10.2 Financial Company
11.10.3 Hospital
11.10.4 Radio/TV/Broadcasting
11.10.5 Data Storage Company
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Media Erasure Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Media Erasure Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Media Erasure Market Size Forecast by Type
12.6.1 Coil Degaussers
12.6.2 Capacitive Discharge Degaussers
12.6.3 Permanent Magnet Degaussers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Media Erasure Market Size Forecast by Applications
12.10.1 Defense and Government
12.10.2 Financial Company
12.10.3 Hospital
12.10.4 Radio/TV/Broadcasting
12.10.5 Data Storage Company
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Media Erasure Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Media Erasure Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Media Erasure Market Size Forecast by Type
13.6.1 Coil Degaussers
13.6.2 Capacitive Discharge Degaussers
13.6.3 Permanent Magnet Degaussers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Media Erasure Market Size Forecast by Applications
13.10.1 Defense and Government
13.10.2 Financial Company
13.10.3 Hospital
13.10.4 Radio/TV/Broadcasting
13.10.5 Data Storage Company
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Media Erasure Market: Competitive Dashboard
14.2 Global Electronic Media Erasure Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garner
14.3.2 VS Security
14.3.3 Security Engineered Machinery
14.3.4 Proton Data Security
14.3.5 intimus
14.3.6 Data Security, Inc
14.3.7 Whitaker Brothers
14.3.8 IDEAL.MBM Corporation
14.3.9 Beijing Heshenda Information
14.3.10 ZhongChaoWeiye
14.3.11 Garner
