Learn about the global computer storage devices and servers market through The Business Research Company, which provides information on computer storage devices and servers market size, computer storage devices and servers market drivers and restraints, computer storage devices and servers market players, the COVID-19 impact on the computer storage devices and servers market, and more.

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The global computer storage devices and servers market is expected to grow from $72.45 billion in 2020 to $77 billion in 2021 at a compound annual growth rate (CAGR) of 6.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The computer storage devices and servers market is expected to reach $89.67 billion in 2025 at a CAGR of 4%.

Data volume generated from personal devices and various business operations in many industries is rapidly increasing, this is expected to drive the demand for storage devices during the forecast period.

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The computer storage devices and servers market consists of sales of computer storage devices and servers by entities (organizations, sole traders and partnerships) that provide computer storage devices and servers which are the core components of a computing device. They store almost all the data and applications on a computer except software permanently programmed on the hardware. This market includes sales of storage servers which are used to store, access, secure and manage digital data, files and services.

Global Computer Storage Devices And Servers Market Segments Include:

By Type: Computer Storage Devices, Computer Servers

By Application: Mainframes, Desktop, Laptop Computers, Tablets, Smartphones

By End-Use: Residential, Commercial

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global computer storage devices and servers market, accounting for 30% of the market in 2020.

The demand for solid state drives is growing rapidly as it offers higher space and speed than traditional hard disks. A solid-state drive is a non-volatile storage media that stores data on solid-state flash memory and offers high speed data read and write operations for both sequential and random data requests. Unlike a hard disk drive, SSDs do not have moving parts and are lightweight and small in size. Solid state drives find applications in laptops, personal computers, enterprise storage hardware, smart phones, tablets and many others.

TBRC’s computer storage devices and servers market report covers:

Major Market Players: IBM, Western Digital Corporation, Kingston Technology Company Inc, Seagate Technology, Toshiba.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Computer Storage Devices And Servers Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides computer storage devices and servers market overviews, analyses and forecasts market size, share, computer storage devices and servers market players, computer storage devices and servers market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s computer storage devices and servers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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