Market Overview:
The global optical storage device 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 and rising trend of digitalization across the globe. Optical storage devices are used for storing data in various formats such as CD, DVD, Blu-Ray Discs, etc. These devices offer high capacity storage as compared to other traditional forms of data storage such as hard disks and USB drives. This is one of the major factors driving the growth of this market. In addition, technological advancements in optical disc technology are also contributing significantly to the growth of this market. However, certain factors such as growing preference for cloud-based storage solutions.
Product Definition:
An optical storage device is a data storage medium that uses laser light to read and write data. Optical storage devices are used for archiving large amounts of data because they can store more information than traditional magnetic tape or disk drives. They are also portable, which makes them ideal for storing data on laptops and other mobile devices.
CD and DVDs:
CDs are compact discs that hold a complete set of data for a computer program, music or video. DVDs are digital versatile discs that can store any type of digital data and have high storage capacity as compared to CDs. The growth factor in the Optical Storage Device (OSD) market is increased demand for storing large amounts of data on physical media along with easy accessibility and portability.
The introduction of DVD-RAM, DVD-RW,.
Erasable and Re-Writable Optical Discs:
An erasable optical disc (EOD) is a digital data storage medium that can be used for storing and erasing data using the light beam. The technology has been around for more than 20 years, but only recently have they started to gain widespread popularity due to their increased storage capacity, portability, and cost-effectiveness.
Application Insights:
The entertainment and media application segment accounted for the largest market share in 2017. The growth is attributed to the increasing use of optical storage devices in home dĩcor, consumer electronics, and portable devices such as gaming consoles and computers. Furthermore, the rising popularity of online streaming services has boosted industry growth further.
The manufacturing industry also holds a significant market share owing to its growing demand for storing data on various machines including CNC (computer numerical control) machines, robots/machines used in production lines across different industries such as automotive & aerospace etc., medical equipment etc., along with their software applications. Optical discs are increasingly being used by manufacturers for installing operating systems along with other software applications on these machines which require frequent updates over internet connections or local area networks (LAN).
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 advanced technologies across various end-use industries. Furthermore, growing demand for data storage devices from several sectors such as entertainment & media; manufacturing; healthcare; among others is anticipated to drive the regional market during the forecast period.
Asia Pacific optical storage device market is projected to grow at a lucrative rate over the forecast period owing to increasing penetration of digital services and rapid technological advancements in developing economies such as India and China.
Growth Factors:
- Increasing demand for data storage: The global data storage is expected to grow at a CAGR of 31.5% from 2016 to 2020, owing to the increasing volume of digital content being created and stored. This is expected to drive the demand for optical storage devices over the forecast period.
- Proliferation of big data: The growth of big data is another major factor that is expected to drive the demand for optical storage devices in the coming years. With organizations looking for ways to store and manage ever-growing volumes of data, optical storage devices are becoming increasingly popular as they offer high capacity at low cost per gigabyte (GB).
- Emergence of new applications: Optical Storage Devices are finding increased application in new areas such as cloud computing, virtualization, and Internet-of-Things (IoT). This is likely to propel their growth in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Optical Storage Device Market Research Report
By Type
CD and DVDs, Erasable and Re-Writable Optical Discs, Near Field Optical Devices, Holographic Storage, Blu-Ray Discs, Others
By Application
Entertainment and Media, Manufacturing Industry, Educational Institutes, Healthcare, Others
By Companies
IBM, Western Digital Technologies, Sandisk, Seagate, Toshiba, Sony, Fujitsu, Hitachi, Colossal, LG, Samsung, Moser Baer, Kingstom Technology
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Optical Storage Device Market Report Segments:
The global Optical Storage Device market is segmented on the basis of:
Types
CD and DVDs, Erasable and Re-Writable Optical Discs, Near Field Optical Devices, Holographic Storage, Blu-Ray Discs, Others
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
Entertainment and Media, Manufacturing Industry, Educational Institutes, Healthcare, Others
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:
- IBM
- Western Digital Technologies
- Sandisk
- Seagate
- Toshiba
- Sony
- Fujitsu
- Hitachi
- Colossal
- LG
- Samsung
- Moser Baer
- Kingstom Technology
Highlights of The Optical Storage Device 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 and DVDs
- Erasable and Re-Writable Optical Discs
- Near Field Optical Devices
- Holographic Storage
- Blu-Ray Discs
- Others
- By Application:
- Entertainment and Media
- Manufacturing Industry
- Educational Institutes
- Healthcare
- Others
- 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 Storage Device 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?
An optical storage device is a digital storage medium that uses optical signals to store data. Optical storage devices are often used in computers, phones, and other electronic devices because they can hold a lot of data and are easy to access.
Some of the major companies in the optical storage device market are IBM, Western Digital Technologies, Sandisk, Seagate, Toshiba, Sony, Fujitsu, Hitachi, Colossal, LG, Samsung, Moser Baer, Kingstom Technology.
The optical storage device market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Optical Storage Device 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 Storage Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Optical Storage Device Market - Supply Chain
4.5. Global Optical Storage Device Market Forecast
4.5.1. Optical Storage Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Optical Storage Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Optical Storage Device Market Absolute $ Opportunity
5. Global Optical Storage Device 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 Storage Device Market Size and Volume Forecast by Type
5.3.1. CD and 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
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Optical Storage Device 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 Storage Device Market Size and Volume Forecast by Application
6.3.1. Entertainment and Media
6.3.2. Manufacturing Industry
6.3.3. Educational Institutes
6.3.4. Healthcare
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Optical Storage Device 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 Storage Device 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 Storage Device 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 Storage Device 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 Storage Device Demand Share Forecast, 2019-2026
9. North America Optical Storage Device 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 Storage Device 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 Storage Device Market Size and Volume Forecast by Application
9.4.1. Entertainment and Media
9.4.2. Manufacturing Industry
9.4.3. Educational Institutes
9.4.4. Healthcare
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Optical Storage Device Market Size and Volume Forecast by Type
9.7.1. CD and 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
9.7.6. Others
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 Storage Device Demand Share Forecast, 2019-2026
10. Latin America Optical Storage Device 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 Storage Device 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 Storage Device Market Size and Volume Forecast by Application
10.4.1. Entertainment and Media
10.4.2. Manufacturing Industry
10.4.3. Educational Institutes
10.4.4. Healthcare
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Optical Storage Device Market Size and Volume Forecast by Type
10.7.1. CD and 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
10.7.6. Others
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 Storage Device Demand Share Forecast, 2019-2026
11. Europe Optical Storage Device 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 Storage Device 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 Storage Device Market Size and Volume Forecast by Application
11.4.1. Entertainment and Media
11.4.2. Manufacturing Industry
11.4.3. Educational Institutes
11.4.4. Healthcare
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Optical Storage Device Market Size and Volume Forecast by Type
11.7.1. CD and 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
11.7.6. Others
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 Storage Device Demand Share, 2019-2026
12. Asia Pacific Optical Storage Device 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 Storage Device 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 Storage Device Market Size and Volume Forecast by Application
12.4.1. Entertainment and Media
12.4.2. Manufacturing Industry
12.4.3. Educational Institutes
12.4.4. Healthcare
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Optical Storage Device Market Size and Volume Forecast by Type
12.7.1. CD and 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
12.7.6. Others
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 Storage Device Demand Share, 2019-2026
13. Middle East & Africa Optical Storage Device 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 Storage Device 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 Storage Device Market Size and Volume Forecast by Application
13.4.1. Entertainment and Media
13.4.2. Manufacturing Industry
13.4.3. Educational Institutes
13.4.4. Healthcare
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Optical Storage Device Market Size and Volume Forecast by Type
13.7.1. CD and 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
13.7.6. Others
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 Storage Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Optical Storage Device Market: Market Share Analysis
14.2. Optical Storage Device Distributors and Customers
14.3. Optical Storage Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IBM
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Western Digital Technologies
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sandisk
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Seagate
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
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
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
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Samsung
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Moser Baer
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kingstom Technology
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
