PUBLISHER: TechNavio | PRODUCT CODE: 1189294
PUBLISHER: TechNavio | PRODUCT CODE: 1189294
Technavio has been monitoring the external hard disk market and is forecast to grow by $3236.56 mn during 2022-2027, accelerating at a CAGR of 6.04% during the forecast period. Our 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, the growing popularity of external SSDs, and the reduction in ASP of NAND flash memory.
Technavio's external hard disk market is segmented as below:
By Application
By Type
By Geography
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, the innovation of high-storage portable external hard disks and enhanced biometrics-based security will lead to sizable demand in the market.
Technavio's 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 Public Ltd. Co, SK HYNIX Inc., 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.
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