Consumer Data Storage Device Market
Consumer Data Storage Device Market Analysis by Hard Disk Drives, Solid State Drives, Memory Cards, USB Flash Drives, and Optical Disks from 2024 to 2034
Analysis of Consumer Data Storage Device Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Consumer Data Storage Device Market Outlook (2024 to 2034)
As per a new industry analysis published by Fact.MR, the global consumer data storage device market is estimated at a valuation of US$ 17.57 billion in 2024 and is forecast to reach a value of US$ 24.45 billion by 2034, with a projected CAGR of 3.4% from 2024 to 2034.
The escalating volume of digital data, propelled by diverse factors such as IoT devices, digital applications, and multimedia content, is projected to drive heightened consumer demand for data storage devices. In addition, the widespread use of tablets and smartphones is estimated to generate requirements for additional storage space to accommodate applications, videos, photos, and other data.
Various consumers are looking for high-capacity devices to store larger amounts of data, including 4K content, high-definition videos, and other data-intensive applications. The introduction of some advanced storage technologies, such as NVMe (non-volatile memory express) and SSDs (solid state drives), is projected to lead to improved performance, enhanced durability, and faster data access, which is forecasted to drive demand for consumer data storage devices.
- Optical disks are estimated to hold 44.6% of the consumer data storage device market share in 2024.
- North America is projected to account for a 28.8% share of the global market by 2034.
- Demand for consumer data storage devices in Canada is forecasted to increase at a CAGR of 4.1% from 2024 to 2034.
The rapid expansion of the gaming industry is forecast to contribute to the growing popularity of PC gaming and gaming consoles. Therefore, the increasing demand for high-performance and high-capacity storage solutions is forecast to lead to rising requirements for secure and reliable data storage solutions. Further, increasing awareness among consumers about privacy issues and data security is generating demand for consumer data storage devices with more advanced security features, including secure access controls.
The proliferation of e-commerce platforms is projected to make it easier for people to get access to many types of storage devices, which is further contributing to consumer data storage device market revenue.
| Report Attributes | Details |
|---|---|
| Consumer Data Storage Device Market Size (2024E) | US$ 17.57 Billion |
| Forecasted Market Value (2034F) | US$ 24.45 Billion |
| Global Market Growth Rate (2024 to 2034) | 3.4% CAGR |
| East Asia Market Share (2034F) | 38.4% |
| USB Flash Drive Segment Growth Rate (2024 to 2034) | 4.1% CAGR |
| United States Market Growth Rate (2024 to 2034) | 4% CAGR |
| China Market Value (2034F) | US$ 6.49 Billion |
| Key Companies Profiled | Seagate Technology LLC; Samsung; Toshiba Corporation; Western Digital Corporation; Sony Corporation; Verbatim (Mitsubishi Chemical); Transcend Information, Inc.; PNY Technologies Inc.; Corsair; Kingston Technology Company, Inc.; HP Inc.; Apple Inc.; Lenovo Group Limited |
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What’s Contributing to Consumer Data Storage Device Market Growth?
“Extensive Adoption of IoT Leading to Rising Volume of Personal Data”
Every year, a significant amount of data is generated, especially owing to the ease of using smartphone cameras and the easy availability of free video and audio content online. In addition, the introduction and widespread adoption of IoT (the Internet of Things) are contributing to the increased volume of personal data. Companies operating in the data storage industry are establishing new income streams owing to the increasing amount of mobile content.
More businesses are coming up with consumer data storage devices with increased storage capacity owing to their popularity and increased demand. These devices are used to manage large volumes of data without any interruption.
Which Factors are Restraining Demand Growth for Consumer Data Storage Devices?
“Privacy Concerns and Price Sensitivity Hampering Market Growth”
There are growing concerns about data privacy and security because of the increasing volume of personal and sensitive data stored on consumer devices. Therefore, more consumers are opting for specific storage methods, which is projected to limit demand for consumer data storage devices.
High costs of storage devices are projected to affect the purchasing capacity of consumers. Constant fluctuations in the price of memory components are projected to impact the production prices and, subsequently, the final cost of consumer data storage devices. These factors impede the demand for consumer data storage devices.
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How are Startups Contributing to the Growth of the Consumer Data Storage Device Market Size?
“Focus on Integration of Consumer Data Storage Devices into Cloud Storage Solutions”
Startups need to invest more in the integration of consumer data storage devices into cloud storage services, therefore allowing users to get access to their data from multiple devices seamlessly. Thus, this hybrid approach is projected to enhance data security and accessibility.
Country-wise Insights
East Asia is forecast to hold 38.4% share of the global market by the end of 2034, as mentioned in the research report by Fact.MR, a market research and competitive intelligence provider. The dominance of the region is attributed to the proliferating consumer electronics sector, which is projected to contribute to the rising adoption of consumer data storage devices by more consumers.
Why is the United States Attracting Consumer Data Storage Device Suppliers?
“Gaming and Entertainment Industry Expansion Driving Need for Reliable Storage Solutions”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 3.49 Billion |
| Growth Rate (2024 to 2034) | 4% CAGR |
| Projected Value (2034F) | US$ 5.16 Billion |
The United States is projected to account for a 73.3% share of the North American market by 2034. Increased demand for consumer data storage devices in the United States is attributed to the flourishing gaming and entertainment industry, which is projected to boost demand for high-performance and high-capacity storage solutions, especially among content creators and gaming enthusiasts.
The presence of some of the prominent suppliers of consumer data storage devices, such as Seagate Technology LLC and Western Digital Corporation, in the United States is estimated to contribute to market revenue. These players are actively working on the proper initialization of these systems and minimizing the chances of data loss. Furthermore, they are targeting cloud service providers, hyperscale data centers, and system integrators to increase their profit margins.
Which Consumer Data Storage Device Market Trends are Prominent in China?
“Rapid Digitalization and Surging Internet Usage”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 4.35 Billion |
| Growth Rate (2024 to 2034) | 4.1% CAGR |
| Projected Value (2034F) | US$ 6.49 Billion |
China is forecast to occupy 69.1% share of the East Asian market by 2034. China is undergoing digitalization across various sectors, such as entertainment, business, and education. This is forecast to lead to the growing development and utilization of digital content, including images, documents, and videos.
With a larger population base, China is projected to contribute to the growing use of the Internet. More consumers have access to streaming content and online services, and the use of e-commerce platforms is also rising. These factors are projected to lead to the generation of a substantial amount of digital data, therefore driving demand for more effective storage facilities.
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Category-wise Insights
Global demand for optical disks is projected to increase as certain niche industries or markets may still depend on optical media for some specific purposes, including data backup, archival storage, or specialized applications, where physical media is preferred more.
Why is There Growing Inclination for Optical Disks Compared to Other Data Storage Devices?
“Rising Use of Optical Disks Owing to Their Data Security Benefits”
| Attribute | Optical Disks |
|---|---|
| Segment Value (2024E) | US$ 7.83 Billion |
| Growth Rate (2024 to 2034) | 3% CAGR |
| Projected Value (2034F) | US$ 10.66 Billion |
Optical disks are forecast to hold a 43.6% share of global market revenue by 2034. Certain organizations and users opt for optical means for the storage of data because of their perceived security advantages. Physical media can be kept offline to minimize the chances of cyber threats. In addition, optical disks offer an offline and tangible means of accessing content, which is projected to be a valuable option in areas with unreliable and limited internet connectivity.
Competitive Landscape
Leading providers of consumer data storage devices are ready to invest more to offer quality products with improved efficiency, management of their supply chain systems, and new developments. These strategies are projected to help players gain a competitive edge.
Key players in the consumer data storage device industry include Seagate Technology LLC, Samsung, Toshiba Corporation, Western Digital Corporation, Sony Corporation, Verbatim (Mitsubishi Chemical), Transcend Information, Inc., PNY Technologies Inc., Corsair, Kingston Technology Company, Inc., HP Inc., Apple Inc., and Lenovo Group Limited.
Segmentation of Consumer Data Storage Device Market Research
-
By Type:
- Hard Disk Drives
- Solid State Drives
- Memory Cards
- USB Flash Drives
- Optical Disks
-
By Capacity:
- Hard Disk Drives
- <=2 TB
- 1 TB to 6 TB
- 8 TB
- Solid State Drives
- <=1 TB
- 1 TB to 2 TB
- Hard Disk Drives
-
By Region:
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Type
- 9.1. Hard Disk Drives
- 9.2. Solid State Drives
- 9.3. Memory Cards
- 9.4. USB Flash Drives
- 9.5. Optical Disks
- 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Capacity
- 10.1. Hard Disk Drives
- 10.1.1. <=2 TB
- 10.1.2. 1 TB to 6 TB
- 10.1.3. 8 TB
- 10.2. Solid State Drives
- 10.2.1. <=1 TB
- 10.2.2. 1 TB to 2 TB
- 10.1. Hard Disk Drives
- 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Seagate Technology LLC
- 21.2. Samsung
- 21.3. Toshiba Corporation
- 21.4. Western Digital Corporation
- 21.5. Sony Corporation
- 21.6. Verbatim (Mitsubishi Chemical)
- 21.7. Transcend Information, Inc.
- 21.8. PNY Technologies Inc.
- 21.9. Corsair
- 21.10. Kingston Technology Company, Inc.
- 21.11. HP Inc.
- 21.12. Apple Inc.
- 21.13. Lenovo Group Limited
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Capacity
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Type, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By Capacity, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By Capacity, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Type, 2024 (E)
Figure 18: North America Market Value Share, By Capacity, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Type, 2024 (E)
Figure 26: Latin America Market Value Share, By Capacity, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Type, 2024 (E)
Figure 34: Europe Market Value Share, By Capacity, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Type, 2024 (E)
Figure 42: South Asia Market Value Share, By Capacity, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Type, 2024 (E)
Figure 50: East Asia Market Value Share, By Capacity, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Type, 2024 (E)
Figure 58: Oceania Market Value Share, By Capacity, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Type, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Type, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By Capacity, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by Capacity, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Type, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By Capacity, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Type, 2024 (E)
Figure 78: Canada Market Value Share, By Capacity, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Type, 2024 (E)
Figure 81: Mexico Market Value Share, By Capacity, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Type, 2024 (E)
Figure 84: Brazil Market Value Share, By Capacity, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Capacity, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Type, 2024 (E)
Figure 90: Germany Market Value Share, By Capacity, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Type, 2024 (E)
Figure 93: France Market Value Share, By Capacity, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Type, 2024 (E)
Figure 96: Italy Market Value Share, By Capacity, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Type, 2024 (E)
Figure 99: Spain Market Value Share, By Capacity, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Type, 2024 (E)
Figure 102: Russia Market Value Share, By Capacity, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Type, 2024 (E)
Figure 105: China Market Value Share, By Capacity, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Type, 2024 (E)
Figure 108: Japan Market Value Share, By Capacity, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Type, 2024 (E)
Figure 111: South Korea Market Value Share, By Capacity, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Type, 2024 (E)
Figure 114: India Market Value Share, By Capacity, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Type, 2024 (E)
Figure 117: ASEAN Market Value Share, By Capacity, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Type, 2024 (E)
Figure 120: Australia Market Value Share, By Capacity, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Type, 2024 (E)
Figure 123: New Zealand Market Value Share, By Capacity, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Type, 2024 (E)
Figure 126: GCC Countries Market Value Share, By Capacity, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Type, 2024 (E)
Figure 129: Turkey Market Value Share, By Capacity, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Type, 2024 (E)
Figure 132: South Africa Market Value Share, By Capacity, 2024 (E)
Know thy Competitors
Competitive landscape highlights only certain players
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- FAQs -
What is the size of the consumer data storage device market in 2024?
The global consumer data storage device market is estimated at US$ 17.57 billion in 2024.
What is the demand projection for consumer data storage devices for 2034?
Worldwide demand for consumer data storage devices is forecasted to reach a market valuation of US$ 24.45 billion by 2034.
What are the growth projections for the global market?
The global market is forecasted to expand at 3.4% CAGR from 2024 to 2034.
How much share of the global market is projected to be held by East Asia?
East Asia is forecasted to hold 38.4% share of the global market by 2034.
At what rate are the sales of consumer data storage devices projected to rise in Canada?
Sales of consumer data storage devices in Canada are projected to increase at a 4.1% CAGR from 2024 to 2034.
What is the forecasted demand for consumer data storage devices in China?
Revenue from consumer data storage devices in China is projected to reach US$ 6.49 billion by the end of 2034.
How much share of the global market is predicted to be contributed by optical disks?
Optical disks are projected to account for 43.6% share of global market revenue by 2034.
Consumer Data Storage Device Market