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Portable Data Storage Market 2025 – Sales Revenue, Grow Pricing and Industry Growth Analysis

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International-Industry -News
Portable Data Storage Market 2025 – Sales Revenue, Grow Pricing and Industry Growth Analysis

Portable Data Storage Market

In this rapidly changing world of technology, portable data storage market is projected to show major growth prospects during the forecast period. The need to store large volume data is increasing the adoption of portable data storage applications on a wider platform.

As compared to other regions, the portable data storage market in North America is expected to witness significant growth during the forecast period. U.S and Canada are anticipated to drive the growth of portable data storage market. This is owing to the presence of large number of IT companies that requires reliable storage device to store large volume of data is one of the prime reason fostering the growth of portable data storage market.

In addition to this the region also has a well-established infrastructure which allows higher penetration of devices which ultimately provides high speed connectivity and is expected to be a major factor for the growth of portable data storage market.

The portable data storage market is growing rapidly over 20% of CAGR and is expected to reach at approx. USD 4 billion by the end of forecast period.

Market Research Future (MRFR) recognizes the following companies as the key players in the portable data storage market – SanDisk (U.S.), ADATA Technology Co., Ltd. (Taiwan), Seagate Technology PLC (U.S.), Samsung Group (South Korea), Transcend Information, Inc. (Taiwan), Toshiba Corporation (Japan), Freecom (Germany), Hewlett-Packard (U.S.), Sony Corporation (Japan), Other World Computing (U.S.), among others.

Market Research Analysis:

The global portable data storage market, by geography, has been segmented into North America, Europe, Asia Pacific and Others. In the global portable data storage market, Asia Pacific is anticipated to witness relatively faster adoption and hence is expected to grow at the highest CAGR during the forecast period. Within Asia Pacific, portable data storage market is projected to contribute faster to the growth of revenue backed by increasing demand for advanced technologies in countries such as Japan, China and India.

Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:

Portable data storage market can be segmented on the basis of storage type segment, memory size and formatting type. The storage type segment is further segmented into, pen drive, SSD memory card, hard drives, blu-ray disk, USB and others. Blu-ray disk is replacing the market of DVD and CD, due to its dynamic property of storing and transferring large amount of data. The most important advantage of blu-ray players is that it supports 3D movies. USB is most commonly used data storage device owing to its numerous advantage that includes high speed, connectivity to multiple device, inbuilt power system and highly device swappable.

By region, MRFR analysis shows that North America region accounts for largest market share in portable data storage due to large portable data storage manufacturers present in the region. The demand from small and medium enterprises for efficient storage device is boosting the market in the region. Asia-Pacific region is expected to be one of the fastest growing market owing to high consumer demand and increasing IT landscape is fuelling the market in the region. The emerging economies from countries such as China, India, Japan and Korea majorly contributes to the revenue generated from the portable data storage market in the region.

More Information@

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]

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