Market Overview:
The global portable hard disk market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into below 1T, 1T-5T, 5T-10T and above 10TB. Among these segments, the below 1TB segment is expected to account for a major share in terms of revenue in 2018. However, the 5TB-10TB segment is projected to register highest CAGR during the forecast period owing to increasing demand for high storage capacity devices among consumers and businesses alike. On the basis of application, personal use and commercial use are two key segments considered in this study. Personal use held majority share in terms of revenue generated by portable hard disks in 2017; however it registered lowest CAGR over next ten years owing lacklustre growth prospects across developing countries such as India and China where majority sales takes place through this channel .
Product Definition:
A portable hard disk is a data storage device that can be physically disconnected from a computer and carried to another location. This allows users to access their data files away from their primary computer. Portable hard disks typically use USB or FireWire connections for connectivity, and some include built-in security features to protect against unauthorized access.
below 1T:
The below 1T sector is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for data storage devices among consumers and enterprises, due to the growing trend of digitalization in various sectors such as media & entertainment, government & defense, banking & finance and healthcare.
1T-5T:
1T-5T is the latest technology that provides higher performance and efficiency in data storage. It is a combination of 1 TB capacity with 5 TB capacity, which offers more than 40 times of storage space as compared to traditional hard disk drives (HDD). The new generation 1T-5T HDD has no mechanical parts, making it shock resistant and immune to dust. These drives are also extremely lightweight owing to which they can be easily carried around by users even during physical activity.
Application Insights:
The personal use segment dominated the global portable hard disk market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to increasing demand from consumers for storing data on electronic devices such as smartphones and tablets. Moreover, growing usage of cloud storage has been encouraging people to opt for portable hard disks over cloud-based storage solutions due to their flexibility and ease of use.
Commercial use is expected to witness significant growth over the forecast period owing to an increase in demand from companies that require large amounts of data be stored securely across various platforms and operating systems without any loss or damage caused by natural disasters like fire, floods or earthquakes etc., Furthermore, companies are preferring commercial uses owing to its ability provide a high level security against external threats along with cost-efficient solutions compared with internal server farms at their premises which results in increased adoption among SMBs/micro businesses/enterprises.
Regional Analysis:
The market in Asia Pacific is anticipated to grow at the highest CAGR over the forecast period. The growth can be attributed to increasing demand for portable hard disk from consumers and businesses. Increasing penetration of smartphones, rising disposable income, rapid urbanization, and expanding IT sector are some of the major factors contributing to market growth in this region.
Increasing number of data centers due to growing cloud-based services has ledto an increase in demand for hard disks across various applications such as video & audio editing, content management system (CMS), gaming console among others. This factor is also expected to drive regional product demand over the forecast period. Furthermore, rise in investments by companies such as Western Digital Corporation; Samsung Group; Seagate Technology LLC.; Toshiba Global Storage Systems Ltd.; HDS Inc.; Hitachi GST Ltd.
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 23.2%. 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 hard disks as they offer high-capacity storage in a small form factor that can be easily carried around.
- Proliferation of 4K content: With the advent of 4K resolution TVs, there is an increasing demand for high-quality content, which is resulting in an increase in the size of digital files being created and stored. Portable hard disks are well suited for storing such large files as they offer high capacities at relatively low prices per gigabyte (GB).
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Hard Disk Market Research Report
By Type
below 1T, 1T-5T, 5T-10T, above 10T
By Application
Personal Use, Commercial Use
By Companies
Toshiba, Seagate, WD, Hitachi, Newman, Adata, Toshiba
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Portable Hard Disk Market Report Segments:
The global Portable Hard Disk market is segmented on the basis of:
Types
below 1T, 1T-5T, 5T-10T, above 10T
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:
- Toshiba
- Seagate
- WD
- Hitachi
- Newman
- Adata
- Toshiba
Highlights of The Portable Hard Disk 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 1T
- 1T-5T
- 5T-10T
- above 10T
- 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 Portable Hard Disk 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?
A Portable Hard Disk is a hard drive that can be easily transported from one place to another. This makes it perfect for use in situations where you need to move data between different computers.
Some of the major players in the portable hard disk market are Toshiba, Seagate, WD, Hitachi, Newman, Adata, Toshiba.
The portable hard disk 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 Portable Hard Disk 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 Hard Disk Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Hard Disk 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 Hard Disk 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 Hard Disk Market Size & Forecast, 2020-2028
4.5.1 Portable Hard Disk Market Size and Y-o-Y Growth
4.5.2 Portable Hard Disk 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 below 1T
5.2.2 1T-5T
5.2.3 5T-10T
5.2.4 above 10T
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 Portable Hard Disk 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 Hard Disk 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 below 1T
9.6.2 1T-5T
9.6.3 5T-10T
9.6.4 above 10T
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 below 1T
10.6.2 1T-5T
10.6.3 5T-10T
10.6.4 above 10T
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 below 1T
11.6.2 1T-5T
11.6.3 5T-10T
11.6.4 above 10T
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 below 1T
12.6.2 1T-5T
12.6.3 5T-10T
12.6.4 above 10T
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 below 1T
13.6.2 1T-5T
13.6.3 5T-10T
13.6.4 above 10T
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 Portable Hard Disk Market: Competitive Dashboard
14.2 Global Portable Hard Disk Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toshiba
14.3.2 Seagate
14.3.3 WD
14.3.4 Hitachi
14.3.5 Newman
14.3.6 Adata
14.3.7 Toshiba
