Computer Storage Devices Global Market Report 2022 – By Type (Hard Disk Drive, Solid State Drive, USB Flash Drives, Memory Cards, Optical Disks), By Application (Mainframes, Desktop, Laptop Computers), By Usage (Individual Usage, Enterprise Usage) – Market Size, Trends, And Global Forecast 2022-2026

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The computer storage devices market consists of sales of computer storage hardware devices by entities (organizations, sole traders and partnerships) that provide computer storage devices which are capable of holding information and data either temporarily or permanently. Only goods and services traded between entities or sold to end consumers are included.

The main types of computer storage are hard disk drive, solid-state drive, USB flash drives, memory cards, optical disks and others. A hard disk drive (HDD) is a non-volatile data storage device that maintain stored data when turned off. They are mainly for individual usage and enterprise usage and used in mainframes, desktop, laptop computers and other applications.

The global computer storage devices market size is expected to grow from $6.11 billion in 2021 to $7.43 billion in 2022 at a compound annual growth rate (CAGR) of 21.8%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working and the closure of commercial activities that resulted in operational challenges. The computer storage device market is expected to reach $15.61 billion in 2026 at a CAGR of 20.4%.

An increase in the number of social media users that required the storage of big data for further analytical processing is expected to drive the growth of the computer storage devices market. Big data contains a large amount of structured and unstructured data and require huge storage devices, driving demand for computer storage devices. According to the world economic forum 2019, the entire digital universe is expected to reach 44 zettabytes by 2020. Moreover, according to the big data executive survey, 97.2% of companies indicated that they were investing in big data and AI. Thus, the increasing adoption of big data by organizations to reach the target audience using information from social media is influencing the market positively.

The possibilities of crashing, data loss, or data violation on storage devices that are dependent on hardware components limited the growth of the computer storage devices market. This data loss or data violation can happen due to many reasons such as viruses & malware, hard drive damage, computer theft, software corruption and many others. For instance, according to a 2019 edition on the summary of hard drive failures by Backblaze, there were 402 failures in the Seagate ST4000DM000 model in 2019. These failures result in loss of data and increases operational expenditure.

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 the data. The traditional hard disk is slower as compared to SSDs, where they have faster read and write speed 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.

In March 2020, Quantum a US-based, digital storage company acquired Western Digital Technology's ActiveScale's object storage software. This acquisition helps Quantum Corporation to expand its products and services in the object storage market. Western Digital Technology is a computer hard disk drive manufacturer and data storage company. It is headquartered is in San Jose, California, United States.

Major players in the computer storage market are Western Digital Technologies, Kingston Technology, Seagate Technology, IBM Corp, Toshiba, Intel, Sony, Lenovo, Dell EMC, Intel Corporation, Hitachi, SanDisk, NetApp, Samsung Electronics, Transcend Information, TeraData Corp, Quantum Corp, Maxtor, pCloud, Zoolz, BigMIND, Polarbackup, PureStorage, Microsoft Azure, AWS, Oracle, HPE, Huawei, Fujitsu, HP and Blue Coat Systems.

The regions covered in the computer storage market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the computer storage market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The global computer storage devices market is segmented -

1) By Type: Hard Disk Drive, Solid State Drive, USB Flash Drives, Memory Cards, Optical Disks, Others

2) By Application: Mainframes, Desktop, Laptop Computers, Others

3) By Usage: Individual, Enterprise

    Table Of Contents

    1. Executive Summary

    2. Computer Storage Devices Market Characteristics

    3. Computer Storage Devices Market Trends And Strategies

    4. Impact Of COVID-19 On Computer Storage Devices

    5. Computer Storage Devices Market Size And Growth

    5.1. Global Computer Storage Devices Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Computer Storage Devices Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Computer Storage Devices Market Segmentation

    6.1. Global Computer Storage Devices Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Hard Disk Drive

    Solid State Drive

    USB Flash Drives

    Memory Cards

    Optical Disks

    Others

    6.2. Global Computer Storage Devices Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

     Mainframes

    Desktop

    Laptop Computers

    Others

    6.3. Global Computer Storage Devices Market, Segmentation  By Usage, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Individual Usage

    Enterprise Usage

    7. Computer Storage Devices Market Regional And Country Analysis

    7.1. Global Computer Storage Devices Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Computer Storage Devices Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Computer Storage Devices Market  

    8.1. Asia-Pacific Computer Storage Devices Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Computer Storage Devices Market  

    9.1. China Computer Storage Devices Market Overview  

    9.2. China Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Computer Storage Devices Market  

    10.1. India Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Computer Storage Devices Market  

    11.1. Japan Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Computer Storage Devices Market  

    12.1. Australia Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Computer Storage Devices Market  

    13.1. Indonesia Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Computer Storage Devices Market  

    14.1. South Korea Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Computer Storage Devices Market  

    15.1. Western Europe Computer Storage Devices Market Overview

    15.2. Western Europe Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Computer Storage Devices Market  

    16.1. UK Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Computer Storage Devices Market  

    17.1. Germany Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Computer Storage Devices Market  

    18.3. France Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Computer Storage Devices Market  

    19.1. Eastern Europe Computer Storage Devices Market Overview

    19.2. Eastern Europe Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Computer Storage Devices Market  

    20.1. Russia Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Computer Storage Devices Market  

    21.1. North America Computer Storage Devices Market Overview

    21.2. North America Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Computer Storage Devices Market  

    22.1. USA Computer Storage Devices Market Overview

    22.2. USA Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Computer Storage Devices Market  

    23.1. South America Computer Storage Devices Market Overview

    23.2. South America Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Computer Storage Devices Market  

    24.1. Brazil Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Computer Storage Devices Market  

    25.1. Middle East Computer Storage Devices Market Overview

    25.2. Middle East Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Computer Storage Devices Market  

    26.1. Africa Computer Storage Devices Market Overview

    26.2. Africa Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Computer Storage Devices Market Competitive Landscape And Company Profiles

    27.1. Computer Storage Devices Market Competitive Landscape

    27.2. Computer Storage Devices Market Company Profiles

    27.2.1. Western Digital Technologies

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Kingston Technology

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Seagate Technology

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. IBM Corp

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Toshiba

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Computer Storage Devices Market

    29. Computer Storage Devices Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Computer Storage Devices Market, Segmentation  By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Computer Storage Devices Market, Segmentation  By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Computer Storage Devices Market, Segmentation  By Usage, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Computer Storage Devices Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Computer Storage Devices Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Computer Storage Devices Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Western Digital Technologies Financial Performance
  • Table 28: Kingston Technology Financial Performance
  • Table 29: Seagate Technology Financial Performance
  • Table 30: IBM Corp Financial Performance
  • Table 31: Toshiba Financial Performance

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