Market Overview:
The global portable data storage 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 devices across different applications and regions. In terms of volume, the below 256 GB segment is expected to dominate the global portable data storage market during the forecast period, followed by the 256-320 GB and above 320 GB segments. However, in terms of value, the above 320 GB segment is expected to account for a larger share of the global portable data storage market during 2018-2030.
Product Definition:
Portable Data Storage is a device that can store digital data, which can then be accessed by a computer or other electronic device. The importance of Portable Data Storage is that it allows users to store large amounts of data without having to use up the internal storage on their devices. Additionally, Portable Data Storage can be used to transfer data between devices, making it useful for backup purposes.
Below 256 GB:
Below 256 GB, it's usage.
The below 256GB segment is expected to grow at a CAGR of XX% from 2017 to 2024. The increasing demand for high-end tablets and smartphones with large storage space is the primary factor driving the growth of this segment. Moreover, these devices offer better performance as compared to other mid-range devices having similar storage capacity owing to higher clock speed processor coupled with faster memory.
256-320 GB:
The global portable data storage market is expected to witness significant growth over the forecast period. The increasing demand for digital media, such as music, movies, and games is one of the key factors driving industry growth. Moreover, rapid increase in consumer electronics products with large capacity has also contributed towards growing demand for higher GB hard disk drives (HDDs).
Application Insights:
The demand for PDDS was higher in the commercial application segment than in the industrial application segment. The commercial applications include e-commerce, BFSI, telecom & IT and others. The growth of these sectors is directly proportional to todays consumers willingness to spend on smartphones, tablets and laptops which has resulted in an increased need for data storage across various applications.
The BFSI sector is expected to emerge as one of the prominent users of portable data storage devices over the forecast period owing to its requirement for high security documents that are stored electronically and need long term accessibility. Increasing usage of cloud computing services by this sector has also necessitated a shift from conventional methods of document management leading towards an increased adoption rate among other sectors such as telecom & IT where it is used mainly for storing sensitive information regarding customers or employees respectively.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing demand for portable data storage devices from U.S.-based enterprises and rapid technological advancements in the field of solid-state drives (SSDs). Moreover, presence of key players such as Western Digital Corporation; Toshiba Memory Corporation; and SanDisk Global, Inc.; has led to high product penetration in this region over the past few years.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to growing adoption by several technology-driven small & medium enterprises (SMEs) for their day-to-day operations along with government initiatives encouraging investments in manufacturing facilities & infrastructure projects.
Growth Factors:
- Increasing demand for data storage: The global data storage market is expected to grow from .6 billion in 2016 to .9 billion by 2021, at a CAGR of 23.3%. This growth can be attributed to the increasing volume of digital data being generated and stored due to the proliferation of connected devices and cloud-based services.
- Growing demand for portability and mobility: The need for portability and mobility is driving the demand for portable data storage solutions such as flash drives, external hard drives, and memory cards. These solutions offer fast access to data and are easy to carry around, making them ideal for on-the-go users.
- Proliferation of big data: Big Data is a term used to describe the large volume of unstructured digital data that is being generated by businesses, social media networks, governments, etc., across different industries worldwide. This growing volume of big data is fueling the demand for portable storage solutions that can store large amounts of information quickly and easily without taking up too much space or bandwidth .
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Data Storage Market Research Report
By Type
Below 256 GB, 256-320 GB, Above 320 GB
By Application
Industrial, Commercial
By Companies
Sandisk, Adata Technology, Seagate Technology, Samsung Group, Transcend Information, Toshiba, Freecom, Hewlett-Packard, Sony, Sandisk
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Portable Data Storage Market Report Segments:
The global Portable Data Storage market is segmented on the basis of:
Types
Below 256 GB, 256-320 GB, Above 320 GB
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
Industrial, Commercial
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:
- Sandisk
- Adata Technology
- Seagate Technology
- Samsung Group
- Transcend Information
- Toshiba
- Freecom
- Hewlett-Packard
- Sony
- Sandisk
Highlights of The Portable Data Storage 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:
- Below 256 GB
- 256-320 GB
- Above 320 GB
- By Application:
- Industrial
- Commercial
- 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 Portable Data Storage 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?
Portable data storage is a term used to describe any device or software that can be used to store data that can be accessed from a remote location. Portable data storage devices can include hard drives, flash drives, USB keys, and other portable media.
Some of the major players in the portable data storage market are Sandisk, Adata Technology, Seagate Technology, Samsung Group, Transcend Information, Toshiba, Freecom, Hewlett-Packard, Sony, Sandisk.
The portable data storage 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 Portable Data Storage 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 Portable Data Storage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Data Storage 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 Portable Data Storage 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 Portable Data Storage Market Size & Forecast, 2018-2028
4.5.1 Portable Data Storage Market Size and Y-o-Y Growth
4.5.2 Portable Data Storage Market Absolute $ Opportunity
Chapter 5 Global Portable Data Storage 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 Portable Data Storage Market Size Forecast by Type
5.2.1 Below 256 GB
5.2.2 256-320 GB
5.2.3 Above 320 GB
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Portable Data Storage 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 Portable Data Storage Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Data Storage 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 Portable Data Storage 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 Portable Data Storage Analysis and Forecast
9.1 Introduction
9.2 North America Portable Data Storage 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 Portable Data Storage Market Size Forecast by Type
9.6.1 Below 256 GB
9.6.2 256-320 GB
9.6.3 Above 320 GB
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 Portable Data Storage Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
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 Portable Data Storage Analysis and Forecast
10.1 Introduction
10.2 Europe Portable Data Storage 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 Portable Data Storage Market Size Forecast by Type
10.6.1 Below 256 GB
10.6.2 256-320 GB
10.6.3 Above 320 GB
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 Portable Data Storage Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
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 Portable Data Storage Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Portable Data Storage 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 Portable Data Storage Market Size Forecast by Type
11.6.1 Below 256 GB
11.6.2 256-320 GB
11.6.3 Above 320 GB
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 Portable Data Storage Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
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 Portable Data Storage Analysis and Forecast
12.1 Introduction
12.2 Latin America Portable Data Storage 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 Portable Data Storage Market Size Forecast by Type
12.6.1 Below 256 GB
12.6.2 256-320 GB
12.6.3 Above 320 GB
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 Portable Data Storage Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
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) Portable Data Storage Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Portable Data Storage 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) Portable Data Storage Market Size Forecast by Type
13.6.1 Below 256 GB
13.6.2 256-320 GB
13.6.3 Above 320 GB
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) Portable Data Storage Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
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 Portable Data Storage Market: Competitive Dashboard
14.2 Global Portable Data Storage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sandisk
14.3.2 Adata Technology
14.3.3 Seagate Technology
14.3.4 Samsung Group
14.3.5 Transcend Information
14.3.6 Toshiba
14.3.7 Freecom
14.3.8 Hewlett-Packard
14.3.9 Sony
14.3.10 Sandisk
