Market Overview:
The global external CD drives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data storage and backup solutions, rising trend of cloud-based storage, and growing adoption of portable devices. In terms of type, the global external CD drives market is segmented into M-disc support type and general type. The M-disc support type segment is expected to grow at a higher CAGR than the general type segment during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for M-discs as a data storage solution due to their superior quality and durability over traditional optical discs. In terms of application, the global external CD drives market is divided into personal use and commercial use segments. The personal use segment is anticipated witness higher growth than commercial use during 2018–2030 owing declining prices of portable devices such as laptops, smartphones, tablets etc.
Product Definition:
External CD drives are devices that allow computers to read and write CDs. They are often used to install software or transfer files from one computer to another. External CD drives are important because they make it easy for people to access information on CDs.
M-disc Support Type:
M-disc support type is used to record data from a CD into a USB memory stick. The M-Disc can be used as an external CD drive for computers and laptops, which supports the plug & play function. It does not require any additional drivers or utilities for Windows 2000/XP/Vista operating systems.
General Type:
The general type is a device driver that enables SCSI, IDE or SATA interface on Windows systems. It provides an interface between the operating system and the attached devices. The external CD-ROM drives use this general type to communicate with the host computer via one of several interfaces such as USB, FireWire (IEEE 1394), eSATA or SAS.
It also helps in installing.
Application Insights:
The commercial use segment held the largest market share of over 60% in 2017. The growth can be attributed to the increasing demand for data storage across a variety of applications, such as corporate networks, backup and restore operations, and archiving. Increasing cloud-based applications have also created new opportunities for external CD drives across the IT industry.
The personal use segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing consumer preference for storing data on portable devices instead of fixed storage devices like computers or laptops. Portable devices are easier to carry around and access information from anywhere as long as there is an internet connection available; this has led consumers towards purchasing these products with enhanced features that provide ease-of-use while accessing files stored on them directly from any device connected via network interface card (NIC).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing penetration of online shopping and e-commerce in developing countries such as China, India, and Bangladesh. Furthermore, rising disposable income levels are anticipated to fuel demand for consumer electronics products including CD drives across this region.
North America is estimated to account for a significant share of global revenue throughout the forecast period owing to high product adoption in laptops and personal computers (PC). Moreover, growing use in digital content delivery network (CDN) services will drive industry expansion over next eight years. Europe also has a prominent position due to high demand from consumers for audio/visual entertainment content across this region will continue fueling industry expansion through 2030 time frame.
Growth Factors:
- Increasing demand for data storage: The external CD drives market is expected to grow owing to the increasing demand for data storage. With the advent of big data and cloud-based services, organizations are looking for ways to store and manage their data efficiently. External CD drives offer a cost-effective and space-efficient option for storing large amounts of data.
- Proliferation of portable devices: Another key growth driver for the external CD drives market is the proliferation of portable devices such as laptops, tablets, and smartphones. These devices are increasingly being used by consumers to store music, videos, photos, and other files. External CD drives provide an easy way to transfer files between these devices and PCs or Macs.
- Rise in digital content consumption: The growth of online streaming services such as Netflix has led to a surge in digital content consumption worldwide. This trend is expected to drive demand for external CD drives in the coming years as they offer an easy way to store large amounts of digital content locally on one’s computer or device .
Scope Of The Report
Report Attributes
Report Details
Report Title
External CD Drives Market Research Report
By Type
M-disc Support Type, General Type
By Application
Personal Use, Commercial Use
By Companies
Pawtec, Asus, Omorc, Dell, Samsung, Apple, VersionTech, VicTsing, Pioneer, Pawtec
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global External CD Drives Market Report Segments:
The global External CD Drives market is segmented on the basis of:
Types
M-disc Support Type, General Type
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, Commercial Use
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:
- Pawtec
- Asus
- Omorc
- Dell
- Samsung
- Apple
- VersionTech
- VicTsing
- Pioneer
- Pawtec
Highlights of The External CD 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:
- M-disc Support Type
- General Type
- By Application:
- Personal Use
- Commercial Use
- 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 External CD 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.
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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?
External CD drives are devices that allow you to read and write CDs outside of your computer.
Some of the key players operating in the external cd drives market are Pawtec, Asus, Omorc, Dell, Samsung, Apple, VersionTech, VicTsing, Pioneer, Pawtec.
The external cd drives market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 External CD Drives 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 External CD Drives Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 External CD Drives 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 External CD Drives 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 External CD Drives Market Size & Forecast, 2020-2028 4.5.1 External CD Drives Market Size and Y-o-Y Growth 4.5.2 External CD Drives Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 M-disc Support Type
5.2.2 General Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Personal Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global External CD Drives 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 External CD Drives 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 M-disc Support Type
9.6.2 General Type
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 Market Size Forecast by Applications
9.10.1 Personal Use
9.10.2 Commercial Use
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 M-disc Support Type
10.6.2 General Type
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 Market Size Forecast by Applications
10.10.1 Personal Use
10.10.2 Commercial Use
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 M-disc Support Type
11.6.2 General Type
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 Market Size Forecast by Applications
11.10.1 Personal Use
11.10.2 Commercial Use
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 M-disc Support Type
12.6.2 General Type
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 Market Size Forecast by Applications
12.10.1 Personal Use
12.10.2 Commercial Use
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 M-disc Support Type
13.6.2 General Type
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) Market Size Forecast by Applications
13.10.1 Personal Use
13.10.2 Commercial Use
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 External CD Drives Market: Competitive Dashboard
14.2 Global External CD Drives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pawtec
14.3.2 Asus
14.3.3 Omorc
14.3.4 Dell
14.3.5 Samsung
14.3.6 Apple
14.3.7 VersionTech
14.3.8 VicTsing
14.3.9 Pioneer
14.3.10 Pawtec