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Recent research: Digital storage device market is growing at a CAGR of 21.0% by 2022

Recent research: Digital storage device market is growing at a CAGR of 21.0% by 2022

The arrival of cloud computing has given rise to trends such as enterprise mobility, Big Data and analytics, which have created progressively more linked data ecosystems, and this is driving the demand for digital data storage capacity.

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According to Stratistics MRC, the Global Digital storage device Market is estimated at $1.64 billion in 2015 and is poised to reach $6.27 billion by 2022, growing at a CAGR of 21.0%. 

Whereas, producing enough storage devices to hold the rapidly increasing rate is the major challenge posed by the market. The cloud has been regarded as a threat to digital storage devices market, but infact the increasing rates of cloud adoption will amplify the demand for the hard drives and solid state drives that comprise cloud storage, creating more opportunities for storage vendors.

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Browse the report: www.orbisresearch.com/reports/inde…utlook-2016-2022-

The Solid State Drive (SSD) market has seen a barb in growth, but Hard Disk Drives (HDD) sustains their dominance in the market. Technological advancements in both magnetic disks and heads will continue to aid enhancements in HDD recording.

However, the come up of USB 3.0 specification for high-speed file transfer is anticipated to fuel the demand for USB flash drives in the coming years. Europe commanded the market globally.

APAC is expected to emerge as the fastest growing region supported by spiralling use of entertainment services, strong economic growth and rapidly increasing SMBs in India and China.

The major players in the global Digital storage device market include Lenovo, SanDisk Corporation, Transcend Information, Inc., Sony Corporation, Seagate Technology, Toshiba Corporation, Western Digital Technologies, Inc., Kingston Technology Corporation, Inc., Intel Corporation, Inc, Samsung Electronics, EMC Corp, IBM Corp, TeraData Corp., Imation Corp, Kingmax Technology Inc., Micron Technology Inc., Lexar Media Inc., PNY Technologies Inc., RITEK Corporation and Verbatim Americas, LLC.

Request a sample of the report: www.orbisresearch.com/contacts/request-sample/184786

Device Types Covered:
Hard disk drives (HDD)
Solid State Drives (SSD)
Memory cards
Floppy disks
Optical disk drives
Compact Disk – CD
Digital Versatile Disc – DVD
Blu-Ray DVD
USB flash drives

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

List Of Tables:

1 Global Digital Storage Devices Market Outlook, By Region
2 Global Digital Storage Devices Market Outlook, By Device Type
3 Global Digital Storage Devices Market Outlook,By Hard disk drives (HDD)
4 Global Digital Storage Devices Market Outlook, By Memory cards
5 Global Digital Storage Devices Market Outlook, By Floppy disks
6 Global Digital Storage Devices Market Outlook, By Optical disk drives
7 Global Digital Storage Devices Market Outlook, By Compact Disk – CD
8 Global Digital Storage Devices Market Outlook, By Digital Versatile Disc – DVD
9 Global Digital Storage Devices Market Outlook, By DVD-ROM
10 Global Digital Storage Devices Market Outlook, By DVD-RAM
11 Global Digital Storage Devices Market Outlook, By DVD-RW and DVD+RW
12 Global Digital Storage Devices Market Outlook, By DVD-R
13 Global Digital Storage Devices Market Outlook, By DVD+R9
14 Global Digital Storage Devices Market Outlook, By DVD-RW DL
15 Global Digital Storage Devices Market Outlook, By Blu-Ray DVD

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