According to a recent analysis by Emergen Research, the global USB flash drive market size was valued at USD 7.96 Billion in 2020 and is forecast to reach USD 14.20 Billion at a CAGR of 7.4% through 2028. The market growth is driven by rise in work-from-home culture and surging demand for electronic storage devices with flash memory.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the USB Flashdrives market include:
Hewlett Packard Enterprise, Toshiba Corp., Kingston Technology Corp., SanDisk, Sony Corporation, Lexar Media Inc., Seagate Technology, Verbatim Americas LLC, Samsung Electronics, and Micron Technology
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global USB Flashdrives market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global USB Flashdrives Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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USB Flashdrives Market Segmentation:
Product Type Outlook (Revenue, USD Billion; 2018–2028)
8 GB
16 GB
32 GB
64 GB
128 GB
Others
Application Outlook (Revenue, USD Billion; 2018–2028)
Personal
Commercial
Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)
Online
Offline
USB Flashdrives Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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