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.
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
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Competitive Outlook: The leading companies operating in the USB Flashdrives market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the USB Flashdrives Market and Profiled in the Report are:
Hewlett Packard Enterprise, Toshiba Corp., Kingston Technology Corp., SanDisk, Sony Corporation, Lexar Media Inc., Seagate Technology, Verbatim Americas LLC, Samsung Electronics, and Micron Technology
Objectives of the Report:
Study of the global USB Flashdrives market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the USB Flashdrives market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of USB Flashdrives market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global USB Flashdrives market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
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
Regional Segmentation:
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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