Data Storage Devices Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026

The report on the global data storage devices market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global data storage devices market to grow with a CAGR of 5% over the forecast period from 2020-2026. The study on data storage devices market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.



The report on data storage devices market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global data storage devices market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global data storage devices market over the period of 2018 to 2026. Further, the Publisher's Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Growing number of data centers
• Growing demand from end user industries
• Low prices of data storage devices

2) Restraints

• Lower penetration among developing countries

3) Opportunities

• New innovative product launches and technological advancements

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include

1. Key Opinion Leaders associated with the publisher
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically includes:

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global data storage devices market is segmented on the basis of device type, and end user.

The Global Data Storage Devices Market by Device Type

• Hard Disk Drive (HDD)
• Solid-State Drive(SDD)
• Flash Memory Device
• Optical Storage Device
• Tape Drive

The Global Data Storage Devices Market by End User

• Education
• Media And Entertainment
• Medical
• Manufacturing
• Information Technology
• BFSI
• Others

Company Profiles

The companies covered in the report include

• Seagate Technology LLC
• Toshiba International Corporation
• Western Digital Corporation
• IBM Corporation
• Quantum Corp.
• TeraData Corp
• Samsung Electronics Co., Ltd.
• Broadcom Inc.
• Micron Technology, Inc.
• KIOXIA Holdings Corporation

What does this Report Deliver?

1. Comprehensive analysis of the global as well as regional markets of the data storage devices market.
2. Complete coverage of all the segments in the data storage devices market to analyze the trends, developments in the global market and forecast of market size up to 2026.
3. Comprehensive analysis of the companies operating in the global data storage devices market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. The Publisher's Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

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