Global External Hard Disk Market 2024-2028
The external hard disk market is forecasted to grow by USD 3343.7 mn during 2023-2028, accelerating at a CAGR of 5.93% during the forecast period. The report on the external hard disk market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by multiple advantages of external hard disks, growing popularity of external SSDs, and reduction in ASP of nand flash memory.
Technavio's external hard disk market is segmented as below:
By Application
- Personal computers
- Enterprise applications
By Type
- Network-attached storage HDD
- Portable HDD
- Desktop HDD
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing popularity of wireless external hard disks as one of the prime reasons driving the external hard disk market growth during the next few years. Also, innovation of high-storage portable external hard disks and enhanced biometrics-based security will lead to sizable demand in the market.
The report on the external hard disk market covers the following areas:
- External hard disk market sizing
- External hard disk market forecast
- External hard disk market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading external hard disk market vendors that include ADATA Technology Co. Ltd., Apple Inc., Buffalo Americas Inc., Hewlett Packard Enterprise Co., Intel Corp., Kingston Technology Co. Inc., LITE ON Technology Corp., Micron Technology Inc., Quantum Corp., Samsung Electronics Co. Ltd., Seagate Technology Holdings Plc, SK hynix Co. Ltd., Sony Group Corp., Toshiba Corp., Transcend Information Inc., and Western Digital Corp.. Also, the external hard disk market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.