Press release
Global Encrypted Flash Drives Market to Witness a Pronounce Growth During 2023
Encrypted flash drives (also known as pen drives, USB memory sticks, thumb drives, or flash keys) can be used in finance, government/military, enterprises and individual in meeting tough data security. There are two type of encrypted flash drives which cover hardware encryption and software encryption.
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Global Encrypted Flash Drives Market: Forecast by Type / Application / Region
Kingston dominated the market, with accounted for 33.10% of the Encrypted Flash Drives production value market share in 2016, because of the acquisition of IronKey. SanDisk, LaCie are the key players and accounted for 12.90%, 9.95% respectively of the overall Encrypted Flash Drives market share in 2016. Global giant market mainly distributed in USA and Europe. It has unshakable status in this field.
USA is the largest consumption region of Encrypted Flash Drives, with a consumption market share nearly 56.41% in 2016. The second place is Europe; following USA with the consumption market share over 22.28% in 2016.
Encrypted Flash Drives used in industry including Government/Military, Finance, Enterprises and Individual. Report data showed that 51.14 % of the Encrypted Flash Drives market demand in finance, and the remained 48.86% is for the other applications in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Over the next five years, LPI(LP Information) projects that Encrypted Flash Drives will register a 3.1% CAGR in terms of revenue, reach US$ 100 million by 2023, from US$ 83 million in 2017.
Global Encrypted Flash Drives Market: Key Players
Kingston
SanDisk
LaCie
Kanguru Solutions
Transcend Information
Datalocker
Apricorn
Integral Memory
iStorage
Verbatim
Axiom Memory Solutions
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Related Information:
United States Encrypted Flash Drives Market Research Report 2018
Europe Encrypted Flash Drives Market Research Report 2018
North America Encrypted Flash Drives Market Research Report 2018
Asia-Pacific Encrypted Flash Drives Market Research Report 2018
China Encrypted Flash Drives Market Research Report 2018
EMEA Encrypted Flash Drives Market Research Report 2018
Global Encrypted Flash Drives Market Research Report 2018
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Table of Contents
Global Encrypted Hard Drive Market Research Report 2018
1 Encrypted Hard Drive Market Overview
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