Market Overview:
The global USB 3.0 flash drive market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for high-speed data transfer and storage devices, rising trend of Bring Your Own Device (BYOD) and growing adoption of cloud-based storage solutions. In terms of volume, the 4 GB to 16 GB segment is expected to account for the largest share of the global USB 3.0 flash drive market during the forecast period, followed by the 16 GB to 64 GB and 128 GB segments.
Product Definition:
A USB 3.0 Flash Drive is a data storage device that uses flash memory to store data and can be connected to a computer through a USB port. The importance of the USB 3.0 Flash Drive is that it offers faster data transfer speeds than traditional USB 2.0 drives, making it ideal for transferring large files quickly and easily between devices.
Below 4 GB:
Below 4 GB, it's usage.
The below 4GB segment is witnessing high demand among the consumers owing to its benefits such as lightweight, small size, low power consumption and cost effectiveness. The above mentioned factors are propelling the demand for below 4GB flash drives in USB 3.0 market which can provide up to 128 MB of read & write speed using minimum power supply of 500 mA.
4 GB to 16 GB:
The 4 GB to 16 GB is a range of USB flash drives that have been designed for storing large amounts of data. The drives are available in various storage capacities such as 32 MB, 64 MB, 128 MB, 256MB and 512MB. The increasing demand for high capacity USB flash drive among the consumers has led to the introduction of 4GB to 16GB range.
Application Insights:
The commercial use segment dominated the overall market in 2017. It is projected to expand further over the coming years and reach USD 5,827.5 million by 2030. The growth can be attributed to increasing adoption of USB-based storage devices in corporate offices, retail stores and public libraries among others as an aid to travelers for storing their data.
The personal use segment is expected to witness significant growth over the forecast period owing to increased demand from consumers for storing multimedia files including HD videos and music on their smartphones or tablets without occupying much space on device memory with a purpose of taking advantage of high storage capacity offered by these devices at affordable prices range.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for digital storage devices in this region. Increasing penetration of USB Flash drives in China, India, and Japan (CIJ) countries owing to growing usage of laptops and computers is projected to drive the overall industry growth over the next eight years.
North America was estimated as one of the largest regional markets with U.S., Canada, and Mexico being some of its key contributors in terms of revenue share in 2017 due to early adoption on a mass scale by users across these countries for storing data such as photos, videos, music files etc.; hence boosting sales volume at a faster rate than other regions across 2018.
Growth Factors:
- Increasing demand for high-speed data transfer and storage
- Proliferation of USB 3.0-enabled devices
- Growing demand for cloud storage services
- Rising trend of BYOD (Bring Your Own Device) in the workplace
- Advances in flash memory technology
Scope Of The Report
Report Attributes
Report Details
Report Title
USB 3.0 Flash Drive Market Research Report
By Type
Below 4 GB, 4 GB to 16 GB, 16 GB to 64 GB, 128 GB, 256 GB and Above
By Application
Commercial Use, Personal Use
By Companies
ADATA Technology Co., Ltd, HP, Kingston Technology Corporation, SanDisk, Transcend Information, Toshiba, Verbatim Corporation, Corsair Components, Emtec, Gigastone Corporation, ADATA Technology Co., Ltd, Micron Consumer Products Group, Patriot Memory LLC, Samsung Group, Lenovo Group
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global USB 3.0 Flash Drive Market Report Segments:
The global USB 3.0 Flash Drive market is segmented on the basis of:
Types
Below 4 GB, 4 GB to 16 GB, 16 GB to 64 GB, 128 GB, 256 GB and Above
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
Commercial Use, Personal 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:
- ADATA Technology Co., Ltd
- HP
- Kingston Technology Corporation
- SanDisk
- Transcend Information
- Toshiba
- Verbatim Corporation
- Corsair Components
- Emtec
- Gigastone Corporation
- ADATA Technology Co., Ltd
- Micron Consumer Products Group
- Patriot Memory LLC
- Samsung Group
- Lenovo Group
Highlights of The USB 3.0 Flash Drive 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 4 GB
- 4 GB to 16 GB
- 16 GB to 64 GB
- 128 GB
- 256 GB and Above
- By Application:
- Commercial Use
- Personal 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 USB 3.0 Flash Drive 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 USB 3.0 Flash Drive is a portable storage device that uses the latest USB 3.0 technology to provide faster data transfer rates than traditional USB 2.0 drives.
Some of the major companies in the usb 3.0 flash drive market are ADATA Technology Co., Ltd, HP, Kingston Technology Corporation, SanDisk, Transcend Information, Toshiba, Verbatim Corporation, Corsair Components, Emtec, Gigastone Corporation, ADATA Technology Co., Ltd, Micron Consumer Products Group, Patriot Memory LLC, Samsung Group, Lenovo Group.
The usb 3.0 flash drive market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 USB 3.0 Flash Drive 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 USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size & Forecast, 2018-2028
4.5.1 USB 3.0 Flash Drive Market Size and Y-o-Y Growth
4.5.2 USB 3.0 Flash Drive Market Absolute $ Opportunity
Chapter 5 Global USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size Forecast by Type
5.2.1 Below 4 GB
5.2.2 4 GB to 16 GB
5.2.3 16 GB to 64 GB
5.2.4 128 GB
5.2.5 256 GB and Above
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Personal Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global USB 3.0 Flash Drive 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 USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Analysis and Forecast
9.1 Introduction
9.2 North America USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size Forecast by Type
9.6.1 Below 4 GB
9.6.2 4 GB to 16 GB
9.6.3 16 GB to 64 GB
9.6.4 128 GB
9.6.5 256 GB and Above
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 USB 3.0 Flash Drive Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Personal 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 USB 3.0 Flash Drive Analysis and Forecast
10.1 Introduction
10.2 Europe USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size Forecast by Type
10.6.1 Below 4 GB
10.6.2 4 GB to 16 GB
10.6.3 16 GB to 64 GB
10.6.4 128 GB
10.6.5 256 GB and Above
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 USB 3.0 Flash Drive Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Personal 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 USB 3.0 Flash Drive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size Forecast by Type
11.6.1 Below 4 GB
11.6.2 4 GB to 16 GB
11.6.3 16 GB to 64 GB
11.6.4 128 GB
11.6.5 256 GB and Above
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 USB 3.0 Flash Drive Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Personal 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 USB 3.0 Flash Drive Analysis and Forecast
12.1 Introduction
12.2 Latin America USB 3.0 Flash Drive 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 USB 3.0 Flash Drive Market Size Forecast by Type
12.6.1 Below 4 GB
12.6.2 4 GB to 16 GB
12.6.3 16 GB to 64 GB
12.6.4 128 GB
12.6.5 256 GB and Above
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 USB 3.0 Flash Drive Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Personal 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) USB 3.0 Flash Drive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) USB 3.0 Flash Drive 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) USB 3.0 Flash Drive Market Size Forecast by Type
13.6.1 Below 4 GB
13.6.2 4 GB to 16 GB
13.6.3 16 GB to 64 GB
13.6.4 128 GB
13.6.5 256 GB and Above
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) USB 3.0 Flash Drive Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Personal 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 USB 3.0 Flash Drive Market: Competitive Dashboard
14.2 Global USB 3.0 Flash Drive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADATA Technology Co., Ltd
14.3.2 HP
14.3.3 Kingston Technology Corporation
14.3.4 SanDisk
14.3.5 Transcend Information
14.3.6 Toshiba
14.3.7 Verbatim Corporation
14.3.8 Corsair Components
14.3.9 Emtec
14.3.10 Gigastone Corporation
14.3.11 ADATA Technology Co., Ltd
14.3.12 Micron Consumer Products Group
14.3.13 Patriot Memory LLC
14.3.14 Samsung Group
14.3.15 Lenovo Group
