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Data Storage Devices Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2030
Data storage devices are physical or virtual devices used to store digital data. Examples of physical data storage devices include hard disk drives, solid-state drives, magnetic tape, optical discs, and USB flash drives. Examples of virtual data storage devices include cloud storage services, network-attached storage, and object storage systems.Market Overview:
Data files and objects are stored, transferred, and extracted using data storage devices, which are pieces of computational hardware. One of the essential parts of a computing equipment is a data storage device. It functions as a storage media that may be externally or internally connected to a computer or server. They come in a variety of form factors, including USB flash drives, optical disc drives (Compact Disk - CD, Digital Versatile Disc - DVD, Blu-Ray DVD), memory cards, floppy discs, and hard disc drives (HDD) and Solid State Drives (SSD).
As demand for cloud services increased significantly, big internet-based service providers looked for more effective ways to scale out a large number of computers with vast storage. The increase of business mobility, big data, and analytics due to the introduction of cloud computing has led to increasingly connected data ecosystems, which is fueling demand for digital data storage capacity. Both organisations and individuals will need to store their data in the cloud in the future. Users may improve their integrated data storage solutions by using this much superior component of customised computing. Traditional storage is not, however, obsolete because of the cloud. Instead, in order to accommodate the growing volume of data, cloud storage and web-based service providers need additional storage space.
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Global Data Storage Devices Market: Major Players
TeraData
Toshiba
SanDisk
Hitachi
IBM
Western Digital Technologies
EMC
Seagate technology
Maxtor
Quantum
Lenovo
Hitachi
Global Data Storage Devices Market: Types
Internally
Externally
Global Data Storage Devices Market: Applications
Store
Port
Extract Data Files
Others
Global Data Storage Devices Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Data Storage Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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