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Optical Data Storage Devices Market 2018 to 2025 –Future Estimates by Product Type, End-User Verticals

04-10-2018 02:57 PM CET | IT, New Media & Software

Press release from: TIP-Semi

Optical data storage is the storage of data which is readable through optical medium. Generally, data is written to optical media, such as CDs and DVDs. The data is written with laser for the purposes of backup or archival. Optical data storage devices are the devices that use laser beam to write or read data from any media.

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The growth of global optical data storage device market has been attributed to growing demand for high data storage capacity and growing usage of electronically stored data. Furthermore, growing need for high performance data servers and cloud data centers is expected to fuel growth of optical data storage devices market in coming years. Safety of the stored data, lesser space and low cost for storage as compared to the conventional data storage devices are some of the prominent factors behind the tremendous growth of these devices.

However, optical storage rewritable formats suffer from compatibility issues between drives.
Some of the leading players in optical data storage devices market are Samsung Electronics Co. Ltd., IBM Corporation, Western Digital Technologies Inc., Moser Baer India Ltd., Toshiba Corp., Sony Corp., Fujitsu Laboratories, Hitachi Global Storage Technologies Inc., Colossal Storage and LG Electronics Inc.

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The report segments of global optical data storage devices market as follows:
Optical Data Storage Devices Market: Device Type Segment Analysis
• CD & DVDs,
• Erasable and re-writable optical discs
• Near field optical devices
• Holographic storage
• High definition DVD (HD-DVD)
• Blu-ray discs (BDs)
• Others
Optical Data Storage Devices Market: Application Segment Analysis
• Financial services and insurance (BFSI)
• Entertainment and media
• Manufacturing industry
• Banks
• Educational institutes
• Healthcare
• Others
Optical Data Storage Devices Market: Regional Segment Analysis
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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