Global External Hard Disk Market 2016-2020

About the External Hard Disk Market

HDDs are classified into different categories such as digital, magnetic, non-volatile, random access, and data storage devices. There are two types of HDDs: internal HDDs and external hard disks. An internal HDD is an HDD that resides inside a computer and stores user's software and personal files. An external hard disk resides outside a computer, and it is used when the internal hard disk drive memory of a computer is not sufficient.
An external hard disk is connected to a device typically through a USB and has slower data transfer rates when compared to internal HDDs, which are connected through serial advanced technology attachment (SATA). As of 2016, the available capacities of external hard disks range from 500 GB to 1 TB.

Technavio’s analysts forecast the global external hard disk market to grow at a CAGR of 2.9% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global external hard disk market for 2016-2020. To calculate the market size, the report considers the revenue generated from the unit shipments of external hard disks for individual consumers

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global External Hard Disk Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Western Digital
• Seagate Technology
• Toshiba

Other prominent vendors
• Fujitsu
• Hitachi
• Samsung Electronics

Market driver
• Multiple advantages of external hard disks
• For a full, detailed list, view our report

Market challenge
• Emergence of cloud-storage services
• For a full, detailed list, view our report

Market trend
• Innovation of high-storage portable external hard disks
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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