Information Technology

Insights Into The Computer Storage Devices Market’s Growth Opportunities Through 2023-2032 – Includes Computer Storage Devices Market Demand

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032


An increase in the number of social media users that required the storage of big data for further analytical processing are expected to drive innovation in computer storage devices manufacturing, thus driving the market during the forecast period.


The global computer storage devices market is expected to grow from $7.57 billion in 2022 to $9.11 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The global computer storage devices market size is expected to grow to $17.91 billion in 2027 at a CAGR of 18.4%.


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Global Computer Storage Devices Market Segments Include:

  • By Type: Hard Disk Drive, Solid State Drive, USB Flash Drives, Memory Cards, Optical Disks, Other Types
  • By Application: Mainframes, Desktop, Laptop Computers, Other Applications
  • By Usage: Individual Usage, Enterprise Usage
  • 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 is the largest region in the global computer storage devices market in 2021.


Major Market Players in the computer storage devices market include Western Digital Technologies, Kingston Technology, Seagate Technology, IBM Corp., Toshiba, Intel, Sony, Lenovo, Dell EMC.


The use of SSD (solid state drive) and the flash array is popular in the computer storage devices market. SSD is a type of hard disk that uses flash memory for storing data. The traditional hard disk is slower as compared to SSDs, where they have a faster read and write speeds and consume low energy. In November 2020, KIOXIA America, Inc. presented PCIe ® 4.0 client solid-state drive (SSD), the organization’s first series for notebooks, desktops, and workstations with qualification samples currently delivering to customers. A controller that is built in-house that is KIOXIA’s BiCS FLASH™ 3D flash memory, vertically integrated is deployed by this series.


The Computer Storage Devices Global Market Report 2023  provides a computer storage devices market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The computer storage devices market forecast analyzes computer storage devices market size, computer storage devices market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.


A computer storage device is a hardware device that stores data and applications on electromagnetic, optical or silicon-based storage media.


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