Global Computer Storage Devices And Servers Market Trends And Strategies Of Major Players In The Computer Storage Devices And Servers Market 2021-2030

26 Apr, 2021

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. The computer storage devices and servers market is segmented into computer storage devices and computer servers.

Global Computer Storage Devices And Servers Market Size And Drivers:

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 market is expected to reach $89.67 billion in 2025 at a CAGR of 4%. In order to manage the rising data volume, the demand for storage devices from both corporate and individual customers is expected to drive the computer storage device and server market in the forecast period.

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Trends In The Global Computer Storage Devices And Servers Market

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, SSD’s 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. According to the International Data Corporation, the market for solid state drives is expected to reach $33.6 billion by 2021 at a CAGR of 14.8%.

Global Computer Storage Devices And Servers Market Segments:
The global computer storage devices and servers market is further segmented based on type, application, end use and geography.
By Type: Computer Storage Devices, Computer Servers.
By Application: Mainframes, Desktop, Laptop Computers, Tablets, Smartphones.
By End-Use: Residential, Commercial.
By Geography: The global computer storage devices and servers 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 and servers market, accounting for 30% of the market.

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Computer Storage Devices And Servers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides computer storage devices and servers market overviews, analyzes and forecasts market size and growth for the global computer storage devices and servers market, computer storage devices and servers market share, computer storage devices and servers market players, computer storage devices and servers market segments and geographies, computer storage devices and servers market’s leading competitors’ revenues, profiles and market shares. The computer storage devices and servers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.