Global Hard Disk Drive Market Insights
This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. A regional study of the market is also carried out in North America, Asia-Pacific, Europe, and the Rest of the World. The report indicates growth parameters in the regional markets, along with leading players that are dominating the industry.
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The leading organizations covered in the Hard Disk Drive Market are:
- Western Digital Corporation
- Seagate Technology LLC
- Transcend Information, Inc.
- Hewlett Packard Enterprise Development LP
- ADATA Technology Co., Ltd.
- Buffalo Americas, Inc.
- Intel Corporation
- Micron Technology, Inc.
- Kingston Technology Company, Inc.
Drivers of the Hard Disk Drive Market:
The global hard disk drive market is experiencing an upsurge in demand over the forecast period. This is mainly due to the rising demand for data storage facilities in several enterprises. Hard disk drive manufacturers are heavily investing in technological advancements to provide more efficient and reliable data storage facilities. Furthermore, ICT and telecom industries are raising spending on their research & development activities regarding the digital transformation. Manufacturers have developed helium hard disk drives to provide higher sequential data transfer rates with advanced areal density. It also decreased the demand for air-filled hard disk drives, as they are extremely unstable, expensive, and harmful to the environment. These advancements are boosting the growth of the global hard disk drive market. The recent outbreak of the Covid-19 pandemic has substantially increased the demand for hard disk drive by different enterprises due to the rise in digital working operations. This growing adoption plays an important role in fuelling the growth of the global hard disk drive market.
Based on the region, the Asia-Pacific region is projected to grow at a higher CAGR over the forecast period due to the presence of many hard disk drive manufacturing firms owing to the availability of raw materials and inexpensive labor in China. Japan is also providing significant opportunities to vendors that are operating in the hard disk drive market. These initiatives are surging the growth of the hard disk drive market in the Asia-Pacific region.
Key Benefits offered by the Hard Disk Drive Market report:
- This study represents the analytical depiction of the Hard Disk Drive Market along with the ongoing trends and future estimations to determine the imminent investment pockets.
- The report provides detailed information related to market drivers, restraints, and growth opportunities, followed by the analysis of the Hard Disk Drive Market share.
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Segmentation of the Hard Disk Drive Market:
The Hard Disk Drive Market has been categorized into the following segments:
Breakup by Drive Type:
- Portable HDDs
- Desktop HDDs
- Network-Attached Storage HDDs
Breakup by Storage Capacity:
- Less Than 250GB
- 250GB – 1TB
- Above 1TB
Breakup by Drive Interface:
- USB 3.0
- USB 2.0
- USB 3.1 Gen1
- USB 3.1 Gen2
Breakup by Power Source:
- Small Facility
- AC Adapter
- USB Port
- eSATA Bus
Breakup by Region:
- North America
- United States of America
- Asia Pacific
- Rest of APAC
- United Kingdom
- Rest of Europe
- South Africa
- Saudi Arabia
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information about the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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