Portland, OR — 12/07/2017 — External Storage devices are not restricted to a particular device and can be moved from one place to another without any data interruption. These devices are comprised of all the addressable data that do not belong to the main memory of the system. Moreover, external storage systems are also very convenient in transportation of data from one system to another.
External storage market has grown rapidly over the past few years. Digital transformation projects across verticals witnessed huge uptake and are also expected to contribute further in the near future. External storage gains popularity in various industries including IT & telecom, BFSI, and healthcare, owing to its supreme benefits such as high-speed random access of data and low power consumption. Moreover, it also enables data storage and backup facility of the end-user data. However, low write endurance in external storage hampers the market growth. Moreover, increase in number of enterprises create an opportunity for the market growth.
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The external storage market is segmented on the basis of type of storage technique, application, and geography. The type of storage technique segment is divided into police optical storage, solid state storage, flash memory devices, and external hard drives. Based on application, it is classified into consumer electronics, healthcare devices, automotive application, enterprise storage, industrial applications, and others. Based on geography, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, India, Japan and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Major companies profiled in the report include Netapp, EMC Corporation (dell), Hewlett Packard Enterprise Development LP, International Business Machines Corporation (IBM), Toshiba Corporation, Hitachi Data Systems, Seagate Technology LLC, Pure Storage, Inc., Fujitsu, and Huawei Technologies Co., Ltd.
External Storage Market Key Segmentation:
By Type Of Storage Technique
– Police Optical Storage
– Solid State Storage
– Flash Memory Devices
– External Hard Drives
– Consumer Electronics
– Healthcare Devices
– Automotive Application
– Enterprise Storage
– Industrial Applications