Market Overview:
The global optical data storage devices 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 high-capacity storage devices and the growing trend of data center consolidation. Optical data storage devices are used for storing large amounts of data in a compact form, which makes them ideal for use in data centers. The growing demand for big-data analytics and cloud services is also contributing to the growth of this market. The global optical data storage devices market can be segmented on the basis of type into CD & DVDs, erasable and re-writable optical discs, near field optical devices, holographic storage, and Blu-ray discs. Erasable and re-writable optical discs are expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030 due to their ability to store large amounts of data securely without any loss or damage.
Product Definition:
An optical data storage device is a device that records and retrieves digital information using laser light. The importance of optical data storage devices is that they can store more data than traditional magnetic tape or disk drives, and they are less susceptible to damage from physical wear and tear.
CD & DVDs:
CD & DVDs, it's usage and growth factor in Optical Data Storage Devices market is expected to grow at a CAGR of XX% from 2016 to 2024. The optical data storage devices are used for storing digital information on physical media such as compact discs (CDs) and DVDs. These devices offer high capacity storage at low costs which has resulted in their increased popularity among the consumers across the world.
Erasable and Re-writable Optical Discs:
An erasable and re-writable optical discs (EROD) is a type of digital versatile disc that can be used for data storage. Data is recorded on these discs in the form of modulated laser beams, which are then played back by a player that has been fitted with an opto-electronic device to alter or remove the stored data. The technology was developed primarily for video recording but has since found use in other applications such as audio recording and computer software distribution.
Application Insights:
The manufacturing industry accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as an increase in production of semiconductors, electronics, and other related components which require optical storage devices for data retention.
The healthcare sector is also anticipated to witness significant growth owing to increasing demand for information technology equipment along with the growing need for data backup & restoration services. Furthermore, a rise in health consciousness among individuals across the globe is expected to boost product demand over the forecast period. The BFSI sector followed by manufacturing industry are some of the prominent sectors that are estimated to gain from this market trend during future years.
In addition there has been a considerable increase in adoption of cloud computing services among various industries such as BFSI.
Regional Analysis:
The North American regional market dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in R&D, technological advancements, and high adoption of optical technologies. Moreover, presence of major technology providers such as Microsoft Corporation; Hewlett Packard Enterprise Development LP; Western Digital Technologies LLC; Seagate Technology LLC.; Toshiba Global Storage Systems Inc.; and JVC KENWOOD CORPORATION is also contributing towards market growth.
Asia Pacific region accounted for a significant share owing to increasing demand from developing countries such as China and India. Factors such as growing manufacturing sector due to low production costs supported by easy availability of labor & raw materials are anticipated to drive the regional market during the forecast period.
Growth Factors:
- Increasing demand for big data storage and analytics: The global optical data storage devices market is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for big data storage and analytics, which is resulting in the growth of the cloud computing market. Optical data storage devices are used extensively in cloud computing environments as they offer high capacity and performance, while consuming less power than traditional hard disk drives (HDDs).
- Proliferation of 4K content: The proliferation of 4K content is another major factor driving the growth of the optical data storage devices market. With rising consumer demand for high-quality video content, studios and broadcasters are increasingly adopting 4K technology to deliver better visual experience to viewers. This is resulting in an increase in demand for high-capacity optical disc formats such as Blu-ray Discs (BDs) and Ultra HD Blu-rays (UHD BDs).
- Emergence of next-generation 5G networks: The emergence of next-generation 5G networks is another key trend fuelling the growth of the global optical data storage devices market. 5G networks will offer significantly higher bandwidth and lower latency than current generation cellular networks, enabling a wide range of new applications such as autonomous vehicles, smart cities, etc., that require fast access to large amounts of stored or real time information . Optical discs are well suited for this typeof application due their large capacitiesand fast read
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Data Storage Devices Market Research Report
By Type
CD & DVDs, Erasable and Re-writable Optical Discs, Near Field Optical Devices, Holographic Storage, Blu-ray Discs
By Application
BFSI, Entertainment and Media, Manufacturing Industry, Educational Institutes, Healthcare
By Companies
Samsung Electronics, IBM, Western Digital Technologies, Moser Baer India, Toshiba, Sony, Fujitsu Laboratories, Hitachi Global Storage Technologies, Colossal Storage
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Optical Data Storage Devices Market Report Segments:
The global Optical Data Storage Devices market is segmented on the basis of:
Types
CD & DVDs, Erasable and Re-writable Optical Discs, Near Field Optical Devices, Holographic Storage, Blu-ray Discs
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
BFSI, Entertainment and Media, Manufacturing Industry, Educational Institutes, Healthcare
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:
- Samsung Electronics
- IBM
- Western Digital Technologies
- Moser Baer India
- Toshiba
- Sony
- Fujitsu Laboratories
- Hitachi Global Storage Technologies
- Colossal Storage
Highlights of The Optical Data Storage Devices 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:
- CD & DVDs
- Erasable and Re-writable Optical Discs
- Near Field Optical Devices
- Holographic Storage
- Blu-ray Discs
- By Application:
- BFSI
- Entertainment and Media
- Manufacturing Industry
- Educational Institutes
- Healthcare
- 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 Optical Data Storage Devices 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?
Optical data storage devices are electronic devices that use light to store and retrieve information. Optical drives read and write data onto optical discs, such as CDs or DVDs.
Some of the major companies in the optical data storage devices market are Samsung Electronics, IBM, Western Digital Technologies, Moser Baer India, Toshiba, Sony, Fujitsu Laboratories, Hitachi Global Storage Technologies, Colossal Storage.
The optical data storage devices market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Data Storage Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Optical Data Storage Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Data Storage Devices Market - Supply Chain
4.5. Global Optical Data Storage Devices Market Forecast
4.5.1. Optical Data Storage Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Data Storage Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Data Storage Devices Market Absolute $ Opportunity
5. Global Optical Data Storage Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Optical Data Storage Devices Market Size and Volume Forecast by Type
5.3.1. CD & DVDs
5.3.2. Erasable and Re-writable Optical Discs
5.3.3. Near Field Optical Devices
5.3.4. Holographic Storage
5.3.5. Blu-ray Discs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Data Storage Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Optical Data Storage Devices Market Size and Volume Forecast by Application
6.3.1. BFSI
6.3.2. Entertainment and Media
6.3.3. Manufacturing Industry
6.3.4. Educational Institutes
6.3.5. Healthcare
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Data Storage Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Optical Data Storage Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Optical Data Storage Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Optical Data Storage Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Optical Data Storage Devices Demand Share Forecast, 2019-2029
9. North America Optical Data Storage Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Optical Data Storage Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Optical Data Storage Devices Market Size and Volume Forecast by Application
9.4.1. BFSI
9.4.2. Entertainment and Media
9.4.3. Manufacturing Industry
9.4.4. Educational Institutes
9.4.5. Healthcare
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Data Storage Devices Market Size and Volume Forecast by Type
9.7.1. CD & DVDs
9.7.2. Erasable and Re-writable Optical Discs
9.7.3. Near Field Optical Devices
9.7.4. Holographic Storage
9.7.5. Blu-ray Discs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Optical Data Storage Devices Demand Share Forecast, 2019-2029
10. Latin America Optical Data Storage Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Optical Data Storage Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Optical Data Storage Devices Market Size and Volume Forecast by Application
10.4.1. BFSI
10.4.2. Entertainment and Media
10.4.3. Manufacturing Industry
10.4.4. Educational Institutes
10.4.5. Healthcare
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Data Storage Devices Market Size and Volume Forecast by Type
10.7.1. CD & DVDs
10.7.2. Erasable and Re-writable Optical Discs
10.7.3. Near Field Optical Devices
10.7.4. Holographic Storage
10.7.5. Blu-ray Discs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Optical Data Storage Devices Demand Share Forecast, 2019-2029
11. Europe Optical Data Storage Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Optical Data Storage Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Optical Data Storage Devices Market Size and Volume Forecast by Application
11.4.1. BFSI
11.4.2. Entertainment and Media
11.4.3. Manufacturing Industry
11.4.4. Educational Institutes
11.4.5. Healthcare
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Data Storage Devices Market Size and Volume Forecast by Type
11.7.1. CD & DVDs
11.7.2. Erasable and Re-writable Optical Discs
11.7.3. Near Field Optical Devices
11.7.4. Holographic Storage
11.7.5. Blu-ray Discs
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Optical Data Storage Devices Demand Share, 2019-2029
12. Asia Pacific Optical Data Storage Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Optical Data Storage Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Optical Data Storage Devices Market Size and Volume Forecast by Application
12.4.1. BFSI
12.4.2. Entertainment and Media
12.4.3. Manufacturing Industry
12.4.4. Educational Institutes
12.4.5. Healthcare
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Data Storage Devices Market Size and Volume Forecast by Type
12.7.1. CD & DVDs
12.7.2. Erasable and Re-writable Optical Discs
12.7.3. Near Field Optical Devices
12.7.4. Holographic Storage
12.7.5. Blu-ray Discs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Optical Data Storage Devices Demand Share, 2019-2029
13. Middle East & Africa Optical Data Storage Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Optical Data Storage Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Optical Data Storage Devices Market Size and Volume Forecast by Application
13.4.1. BFSI
13.4.2. Entertainment and Media
13.4.3. Manufacturing Industry
13.4.4. Educational Institutes
13.4.5. Healthcare
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Data Storage Devices Market Size and Volume Forecast by Type
13.7.1. CD & DVDs
13.7.2. Erasable and Re-writable Optical Discs
13.7.3. Near Field Optical Devices
13.7.4. Holographic Storage
13.7.5. Blu-ray Discs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Optical Data Storage Devices Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Optical Data Storage Devices Market: Market Share Analysis
14.2. Optical Data Storage Devices Distributors and Customers
14.3. Optical Data Storage Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Samsung Electronics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Western Digital Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Moser Baer India
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toshiba
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sony
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fujitsu Laboratories
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hitachi Global Storage Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Colossal Storage
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook