USB Flash Drive Market Expected to Expand at a Steady CAGR Through 2025

AMA recently published a detailed study of over 180+ pages in its repository on ‘USB Flash Drive’ market covering interesting aspects of market with supporting development scenario till 2025. The study provides market size break-up by revenue and volume* for emerging countries and important business segments along with commentary on trending factors, growth drivers. Profiled players in study from the coverage used under bottom-up approach are Hewlett Packard Enterprise (United States),Kingston Technology Corp. (United Kingdom),Lexar Media Inc. (United States),SanDisk (United States),Seagate Technology (United States),Sony Corp. (Japan),Toshiba Corp. (Japan),Verbatim Americas LLC. (Japan),LaCie (France),Kanguru Solutions (United States),Transcend Information (Taiwan),Datalocker (United States),Apricorn (United Kingdom),Integral Memory (England),iStorage (United Kingdom),Axiom (United States)

The USB flash drives market began the high-volume unit shipments, which provides consumers with an alternative solution for the transfer of storage of data-rich content. It provides consumers with a compelling alternative to conventional removable storage media by leveraging the seemingly ubiquitous interface. Technology advancements are expected to broaden the drive’s penetration into the new applications as consumer awareness increases.

Market Segmentation

By Type (Drive Generation 1.0, Drive Generation 2.0, Drive Generation 3.0), Application (Personal Data Transport, Secure Storage of Data and Software Files, Computer Forensics, Updating Motherboard Firmware, Audio Player, Media Storage), Capacity (4GB, 8GB, 16GB, 32GB, 64GB, More than 64 GB), Host Type (IOS, Android, Windows), Style Type (Metal, Retractable, Standard, Plug and Stay)

What’s Trending in Market?

Increase Demand of 64 GB USB Capacity

Growth Drivers:

Increasing Trend of Storing Digital Information

Increasing Demand of Robust and Compact Memory Storage Devices

Rise in Demand of Technology Enhancement in Storage Devices

Restraints:

Increase in Number of Portable Devices with In-Built Storage Is Become the Major Factor to Limit the Growth of USB Flash Drive

Country level Break-up includes:

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)

Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)