Digital Storage Devices Market Size and Growth
The global digital storage devices market is expected to reach a size of $122.15 billion by 2025, with a CAGR of 14.7%. Increasing demand for data storage due to digital transformation and growing adoption of cloud-based services are key factors driving market growth. Advances in technology, such as SSDs and cloud storage, are also driving market expansion.
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Companies Covered (Covid 19 Impact Covered)
◍ Lenovo
◍ SanDisk Corporation
◍ Transcend Information
◍ Sony Corporation
◍ Seagate Technology
◍ Toshiba Corporation
◍ Western Digital
◍ Kingston Technology
◍ Intel Corporation
◍ Samsung Electronics
The Digital Storage Devices Market is highly competitive with key players like Lenovo, SanDisk, Transcend, Sony, Seagate, Toshiba, Western Digital, Kingston, Intel, and Samsung. These companies offer a wide range of storage solutions which are crucial for data storage and management. Sales revenue figures: Samsung - $170 billion, Western Digital - $16.6 billion, Seagate - $11.2 billion.
Market Segmentation
By Application
◍ PC
◍ Mobile
◍ Others
By Product
◍ Hard Disk Drives (HDD)
◍ Solid State Drives (SSD)
◍ Memory Cards
◍ Floppy Disks
◍ Optical Disk Drives
◍ USB Flash Drives
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Market Growth
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$ X Billion USD