The global Portable Data Storage market was valued at 2499.09 Million USD in 2021 and will grow with a CAGR of 11.29% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

In the computer world, portable storage devices include flash drives, USB drives (thumb drives), external hard drives (sometimes called mini hard drives), and portable CD/DVD-ROM drives. There are also products that can be purchased to turn an internal hard drive into a portable hard drive: These are called enclosures and usually come with a hard case, a plug for the drive, and an external USB cable. Some are externally-powered, but many draw power from USB.Major factors driving the portable data storage market includes government regulation for business to store and maintain a backup of variety of data they make use of. To protect data from virus and malware software that requires strong backup solutions and high storage capacity is one of the significant factor driving market growth.

By Market Verdors:

Sandisk

Adata Technology

Seagate Technology

Samsung Group

Transcend Information

Toshiba

Freecom

Hewlett-Packard

Sony

By Types:

Below 256 GB

256-320 GB

Above 320 GB

By Applications:

Industrial

Commercial

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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