Portable Hard Disk Market: Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis And Competitive Analysis Forecast 2025

2018-03-27 14:58:30

According to a new report published by Reports Monitor titled, “Portable Hard Disk Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Portable Hard Disk Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Portable Hard Disk Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period. 

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A portable hard disk stores and provides relatively quick access to large amount of data on electromagnetically charged surface. It controls the positioning, reading, and writing of the hard disk which furnishes data storage. They are mainly found in desktop computers, mobile devices, consumer electronics and enterprise storage arrays in data centers. A portable unit may be as small as a standard smartphone. It can easily fit inside laptop carriers, backpacks, purses and pockets. Generally smaller portable hard drives need an external power source to run.Growing demand and adaption in cloud storage propel the growth of the market.

Moreover, stabilization in laptop market is the reason behind increase in sale and shipment of hard disk drive market. Data storage is gradually shifting towards the cloud storage, it is positively affecting the Hard disk drive market. Due to increase in demand for the portable hard disk drive the market is growing. The increase in need of additional storage serves as one of the primary drivers for this market.

According to the market segmentation, the market is divided into number of segments such as type, application, and region. According to the type segment, the market is differentiated into <1T, 1T-5T, 5T-10T, and >10T. The applications of the market are split into commercial use and personal use.

Key Question Answered:

• What will be the market size in 2025 and at what rate it will grow?

• Who are the major key players in global portable hard disk market and what are their strategies?

• Which vertical industry is expected to show major growth?

• What segment and region will lead the market and why?

The major companies profiled in the report include: Adata, Freecom, Hitachi, Newman, Samsung, SanDisk, Seagate, Toshiba, Transcend, Western Digital, and others.

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