Global USB Drive Market Will Reach USD 1,546,229 Million by 2026
The global USB Drive market is expected to increase from USD 554,085 million in 2019 to USD 1,546,229 million by 2026, registering a CAGR of 15.79% from 2019 to 2026.
With the recovery of the global economy and the development of emerging powers, the USB Drive market is endowed with a promising future.
USB Drive is an external hard disk drive or optical disc drive that plugs into the USB port. It is a solid-state storage module that plugs into the computer's USB port. Using flash memory chips that hold up to one terabyte of data, the solid-state USB drive emulates a hard disk. USB drives are extremely popular for backup as well as data transfer from one machine to another. They can also hold an operating system and be used to boot the computer. Their ever-increasing storage capacities have mostly obsoleted writable CDs and DVDs.
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Key Players:
Key players in the USB Drive market cover SanDisk, Kingston, Toshiba, Netac, aigo, TECLAST, ADATA, HP, and others.
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Forecast by Geography
In 2018, the global USB Drive market was mainly concentrated in the three regions of North America, Asia-Pacific, and Europe with the market share of 32.67%, 29.88%, and 25.71% respectively, accounting for a total of 88.26%. Europe is the largest producer with a proportion of 32.51%.
Type Segment Analysis
By product type, the USB Drive market is segmented into ≤8G, 16G, 32G, and ≥64G.
Application Segment Analysis
USB Drive is widely used in Enterprise and Personal.
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Target Audience:
l Raw material suppliers of USB Drive
l Distributors and resellers of USB Drive
l USB Drive industry associations
l Product managers, USB Drive industry administrator, C-level executives of the industries
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