Market Overview:
The global OTG pendrive market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data storage and portability, and the growing trend of Bring Your Own Device (BYOD) among enterprises. Among type, the USB Type-C segment is expected to grow at a higher CAGR during the forecast period, owing to its high data transfer speeds and reversible connector. Among application, the personal segment is expected to grow at a higher CAGR during the forecast period as consumers are increasingly using OTG pendrives for storing personal photos, videos, and other files. Geographically, North America is estimated to hold largest share of global OTG pendrive market in 2018; however Asia Pacific is projected to witness highest growth rate over next 10 years. Some of key players operating in global OTG pendrive market include SanDisk Corporation (US), Kingston Technology Corporation (US), Samsung Electronics Co., Ltd.
Product Definition:
The OTG Pendrive is a small, thumb-sized device that plugs into the USB port of a computer or other device and allows you to transfer files back and forth. It can also be used to connect peripherals, such as a keyboard, mouse, or printer. The OTG Pendrive is especially useful for devices that do not have standard USB ports, such as smartphones and tablets.
Micro USB Type B:
Micro USB Type B is a small, thin and flexible USB cable that can be used to connect devices like tablets, smartphones and other smart devices with PC or laptop. It has high data transfer speed than regular USB cables due to its small size. The Micro USB Type B Pendrive OTG market is expected to grow at a significant rate over the forecast period owing to increasing demand for mobile cloud storage among consumers which will in turn increase the number of manufacturers producing compatible drives.
USB Type C:
Type C USB is a new specification that was introduced by the USB Implementers Forum. It is an enhanced version of the regular USB port and has a range of up to 60 Gbps. The Type C port can be connected to any host device such as PC, laptops, tablets or smartphones via cable. It also allows data transfer between two devices without using cables like other ports do.
Application Insights:
The enterprise application segment led the global OTG pendrive market in 2017. The growth can be attributed to the increasing demand for portable storage devices by enterprise applications, such as data backup and sharing. Furthermore, growing adoption of cloud-based applications is expected to drive demand over the forecast period.
The personal application segment is anticipated to witness significant growth over the forecast period owing to rising consumer preference for mobile phones with large storage capacity and high-speed interfaces. In addition, consumers are inclined toward purchasing smartphones with innovative features that provide enhanced productivity along with a better user experience. This trend will have a positive impact on market growth in future years.
In terms of revenue, Asia Pacific will exhibit significant CAGR during the forecast period due to rapid industrialization coupled with developing economies such as China and India that are leading in technology adoption among other countries across Asia Pacific region including Japan.
Regional Analysis:
Asia Pacific dominated the global OTG pendrive market in 2017. The region is expected to continue its dominance over the forecast period as well owing to increasing demand for high-speed data transfer and storage devices from developing countries such as China and India. Furthermore, rising disposable income of consumers coupled with their inclination towards purchasing premium products is also expected to drive growth in this region.
The North American regional market captured a significant share of the global industry due to growing demand for high-performance data storage devices from major application sectors such as IT & telecommunication, automotive, industrial applications among others. Moreover, presence of prominent players operating in this region will also help it maintain its dominance over the forecast period.
Growth Factors:
- Increasing demand for data storage: The growth of the OTG Pendrive market is mainly attributed to the increasing demand for data storage. With the increase in digital content such as videos, photos, and music, there is a corresponding increase in the need for storage devices.
- Rising trend of mobile computing: Another key factor driving the growth of OTG Pendrive market is the rising trend of mobile computing. With more and more people using laptops and smartphones for their day-to-day tasks, there is a growing demand for portable storage devices that can be easily carried around.
- Proliferation of USB Type-C ports: A major driver for OTG Pendrive market is the proliferation of USB Type-C ports on laptops and smartphones. This allows users to connect an OTG Pendrive directly to their device without having to use any adapters or cables.
Scope Of The Report
Report Attributes
Report Details
Report Title
OTG Pendrive Market Research Report
By Type
Micro USB Type B, USB Type C, Lightning Connector
By Application
Enterprise, Personal
By Companies
HP, Kingston Technology, Sony, Strontium, Transcend Information, Western Digital, Toshiba, SanDisk, HP
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global OTG Pendrive Market Report Segments:
The global OTG Pendrive market is segmented on the basis of:
Types
Micro USB Type B, USB Type C, Lightning Connector
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
Enterprise, Personal
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
- Kingston Technology
- Sony
- Strontium
- Transcend Information
- Western Digital
- Toshiba
- SanDisk
- HP
Highlights of The OTG Pendrive 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:
- Micro USB Type B
- USB Type C
- Lightning Connector
- By Application:
- Enterprise
- Personal
- 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 OTG Pendrive 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?
Some of the major companies in the otg pendrive market are HP, Kingston Technology, Sony, Strontium, Transcend Information, Western Digital, Toshiba, SanDisk, HP.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OTG Pendrive 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 OTG Pendrive Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 OTG Pendrive 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 OTG Pendrive 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 OTG Pendrive Market Size & Forecast, 2018-2028 4.5.1 OTG Pendrive Market Size and Y-o-Y Growth 4.5.2 OTG Pendrive Market Absolute $ Opportunity
Chapter 5 Global OTG Pendrive 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 OTG Pendrive Market Size Forecast by Type
5.2.1 Micro USB Type B
5.2.2 USB Type C
5.2.3 Lightning Connector
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global OTG Pendrive 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 OTG Pendrive Market Size Forecast by Applications
6.2.1 Enterprise
6.2.2 Personal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OTG Pendrive 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 OTG Pendrive 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 OTG Pendrive Analysis and Forecast
9.1 Introduction
9.2 North America OTG Pendrive 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 OTG Pendrive Market Size Forecast by Type
9.6.1 Micro USB Type B
9.6.2 USB Type C
9.6.3 Lightning Connector
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 OTG Pendrive Market Size Forecast by Applications
9.10.1 Enterprise
9.10.2 Personal
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 OTG Pendrive Analysis and Forecast
10.1 Introduction
10.2 Europe OTG Pendrive 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 OTG Pendrive Market Size Forecast by Type
10.6.1 Micro USB Type B
10.6.2 USB Type C
10.6.3 Lightning Connector
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 OTG Pendrive Market Size Forecast by Applications
10.10.1 Enterprise
10.10.2 Personal
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 OTG Pendrive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific OTG Pendrive 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 OTG Pendrive Market Size Forecast by Type
11.6.1 Micro USB Type B
11.6.2 USB Type C
11.6.3 Lightning Connector
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 OTG Pendrive Market Size Forecast by Applications
11.10.1 Enterprise
11.10.2 Personal
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 OTG Pendrive Analysis and Forecast
12.1 Introduction
12.2 Latin America OTG Pendrive 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 OTG Pendrive Market Size Forecast by Type
12.6.1 Micro USB Type B
12.6.2 USB Type C
12.6.3 Lightning Connector
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 OTG Pendrive Market Size Forecast by Applications
12.10.1 Enterprise
12.10.2 Personal
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) OTG Pendrive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) OTG Pendrive 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) OTG Pendrive Market Size Forecast by Type
13.6.1 Micro USB Type B
13.6.2 USB Type C
13.6.3 Lightning Connector
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) OTG Pendrive Market Size Forecast by Applications
13.10.1 Enterprise
13.10.2 Personal
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 OTG Pendrive Market: Competitive Dashboard
14.2 Global OTG Pendrive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HP
14.3.2 Kingston Technology
14.3.3 Sony
14.3.4 Strontium
14.3.5 Transcend Information
14.3.6 Western Digital
14.3.7 Toshiba
14.3.8 SanDisk
14.3.9 HP