Global Secondary Storage Devices Market Growth (Status and Outlook) 2024-2030

The global Secondary Storage Devices market size is predicted to grow from US$ 114840 million in 2024 to US$ 164980 million in 2030; it is expected to grow at a CAGR of 6.2% from 2024 to 2030.

Secondary storage devices are non-volatile memory solutions used for long-term data retention. Examples include hard disk drives (HDDs), solid-state drives (SSDs), optical discs, and USB flash drives. Unlike primary storage, secondary storage retains data even when the device is powered off, offering greater capacity and reliability for archiving, backups, and general data storage.

United States market for Secondary Storage Devices is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Secondary Storage Devices is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Secondary Storage Devices is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Secondary Storage Devices players cover IBM, Dell, HPE, Huawei, Western Digital, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

LPI (LP Information)' newest research report, the “Secondary Storage Devices Industry Forecast” looks at past sales and reviews total world Secondary Storage Devices sales in 2023, providing a comprehensive analysis by region and market sector of projected Secondary Storage Devices sales for 2024 through 2030. With Secondary Storage Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Secondary Storage Devices industry.

This Insight Report provides a comprehensive analysis of the global Secondary Storage Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Secondary Storage Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Secondary Storage Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Secondary Storage Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Secondary Storage Devices.

This report presents a comprehensive overview, market shares, and growth opportunities of Secondary Storage Devices market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hard Disk Drive (HDD)
Solid-State Drive (SSD)
Optical Discs (CD, DVD, Blu-ray)
USB Flash Drive
Flash Memory Cards

Segmentation by Application:
Electronics
Communication
Aerospace
Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Dell
HPE
Huawei
Western Digital
Seagate Technology
Lenovo
Toshiba
NetApp
Pure Storage
Kingston Technology
ADATA

Please note: The report will take approximately 2 business days to prepare and deliver.