Personal And Entry Level Storage Market Size, Share & Trends Analysis Report By Component, By Connectivity (USB, Ethernet/Wi-Fi, Cloud), By Application, And Segment Forecasts, 2024

Description

Market Size & Trends:

The global personal and entry-level storage market size was valued at USD 97.06 billion in 2023 and is projected to grow at a CAGR of 29.7% from 2024 to 2030. With the proliferation of smartphones, tablets, and other digital devices, the volume of data generated by individuals has been increasing at an exponential rate due to the widespread use of these devices for a multitude of daily activities, such as capturing photos and videos, downloading and streaming multimedia content, using social media platforms, and engaging in various online services.

Individuals are accumulating vast amounts of digital data, which requires efficient and reliable storage solutions. This increase in data generation has driven the demand for personal and entry-level storage solutions. These solutions offer users the ability to securely store, manage, and access their data, addressing the growing need for adequate storage capacity.

The growing consumption of digital media, encompassing photos, videos, music, and games, necessitates substantial storage space and is a significant driver of the personal storage market. This trend is driven by the widespread availability and accessibility of high-resolution digital content, which demands considerable storage capacity. For instance, modern smartphones and cameras capture high-definition photos and 4K videos, while streaming services offer high-fidelity music and extensive game libraries. As users accumulate extensive digital media collections, efficient and reliable storage solutions become paramount. Personal storage devices, such as external hard drives, solid-state drives, and network-attached storage systems, provide the necessary capacity to store, organize, and access this digital content. The increasing popularity of digital media consumption, driven by technological advancements and the proliferation of high-speed internet, further amplifies the demand for personal storage solutions.

Consequently, manufacturers are continually innovating to develop storage devices with higher capacities, faster data transfer rates, and enhanced security features, catering to the evolving needs of consumers in the digital age.

Americans' average daily time spent consuming digital media in 2021 was 421 minutes. In 2022, this number increased by 4.3%. In 2023, the trend of growing digital media consumption persisted, with an average daily consumption of 454 minutes, an additional 3.4% growth. The steady increase in the use of digital media emphasizes the developing significance of digital platforms in daily life and the growing function that digital content plays in people's daily routines.

Global Personal And Entry Level Storage Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2020 to 2030. For this study, Grand View Research has segmented the global personal and entry level storage market report based on component, connectivity, application and region.

Component Outlook (Revenue, USD Million, 2018 - 2030)
External Hard Drives
USB Flash Drives
Memory Cards
Network-Attached Storage (NAS) Devices
Cloud Storage Services
Solid State Drives
Others
Connectivity Outlook (Revenue, USD Million, 2018 - 2030)
USB
Ethernet/Wi-Fi
Cloud
Application Outlook (Revenue, USD Million, 2018 - 2030)
BFSI
Consumer Goods & Retail
Telecommunications & IT
Media & Entertainment
Public Sector
Healthcare & Life Sciences
Education and Research
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
Latin America
- Brazil
Middle East and Africa (MEA)
- UAE
- South Arabia
- South Africa

Product Code: 978-1-68038-214-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Personal and Entry Level Storage Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Personal and Entry Level Storage Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Personal and Entry Level Storage Market: Component Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Personal and Entry Level Storage Market: Component Movement Analysis, 2023 & 2030 (USD Billion)
4.3. External Hard Drives
- 4.3.1. External hard drives Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. USB Flash Drives
- 4.4.1. USB Flash Drives Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Memory Cards
- 4.5.1. Memory Cards Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Network-Attached Storage (NAS) Devices
- 4.6.1. Network-Attached Storage Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.7. Cloud Storage Services
- 4.7.1. Cloud Storage Services Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.8. Solid-State Drives
- 4.8.1. Solid-State Drives Services Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.9. Others
- 4.9.1. Others Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Personal and Entry Level Storage Market: Connectivity Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Personal and Entry Level Storage Market: Connectivity Movement Analysis, 2023 & 2030 (USD Billion)
5.3. USB
- 5.3.1. USB Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Ethernet/Wi-Fi
- 5.4.1. Ethernet / Wi-Fi Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Cloud
- 5.5.1. Cloud Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Personal and Entry Level Storage Market: Applications Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Personal and Entry Level Storage Market: Applications Movement Analysis, 2023 & 2030 (USD Billion)
6.3. BFSI
- 6.3.1. BFSI Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Consumer Goods & Retail
- 6.4.1. Consumer Goods & Retail Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Telecommunications & IT
- 6.5.1. Telecommunications & IT Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Media & Entertainment
- 6.6.1. Media & Entertainment Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Public Sector
- 6.7.1. Public Sector Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Healthcare & Life Sciences
- 6.8.1. Healthcare & Life Sciences Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.9. Education and Research
- 6.9.1. Education & Research Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.10. Others
- 6.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Personal and Entry Level Storage Market: Regional Estimates & Trend Analysis

7.1. Personal and Entry Level Storage Market Share, By Region, 2023 & 2030, USD Billion
7.2. North America
- 7.2.1. North America Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
  - 7.2.2.1. U.S. Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
  - 7.2.3.1. Canada Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
  - 7.2.4.1. Mexico Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
- 7.3.1. Europe Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
  - 7.3.2.1. U.K. Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
  - 7.3.3.1. Germany Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
  - 7.3.4.1. France Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
- 7.4.1. Asia Pacific Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Japan
  - 7.4.2.1. Japan Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. China
  - 7.4.3.1. China Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
  - 7.4.4.1. India Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
  - 7.4.5.1. South Korea Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
  - 7.4.6.1. Australia Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
- 7.5.1. Latin America Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
  - 7.5.2.1. Brazil Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Argentina
  - 7.5.3.1. Argentina Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Saudi Arabia
  - 7.6.2.1. Saudi Arabia Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. South Africa
  - 7.6.3.1. South Africa Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. UAE
  - 7.6.4.1. UAE Personal and Entry Level Storage Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
- 8.4.1. CA Technologies
  - 8.4.1.1. Participant's Overview
  - 8.4.1.2. Financial Performance
  - 8.4.1.3. Product Benchmarking
  - 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Cisco Systems Inc.
  - 8.4.2.1. Participant's Overview
  - 8.4.2.2. Financial Performance
  - 8.4.2.3. Product Benchmarking
  - 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. Dell Inc.
  - 8.4.3.1. Participant's Overview
  - 8.4.3.2. Financial Performance
  - 8.4.3.3. Product Benchmarking
  - 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. EMC Corporation
  - 8.4.4.1. Participant's Overview
  - 8.4.4.2. Financial Performance
  - 8.4.4.3. Product Benchmarking
  - 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Hewlett-Packard Company
  - 8.4.5.1. Participant's Overview
  - 8.4.5.2. Financial Performance
  - 8.4.5.3. Product Benchmarking
  - 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Hitachi Data Systems
  - 8.4.6.1. Participant's Overview
  - 8.4.6.2. Financial Performance
  - 8.4.6.3. Product Benchmarking
  - 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. IBM Corporation
  - 8.4.7.1. Participant's Overview
  - 8.4.7.2. Financial Performance
  - 8.4.7.3. Product Benchmarking
  - 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. NetApp Inc.
  - 8.4.8.1. Participant's Overview
  - 8.4.8.2. Financial Performance
  - 8.4.8.3. Product Benchmarking
  - 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Nutanix, Inc.
  - 8.4.9.1. Participant's Overview
  - 8.4.9.2. Financial Performance
  - 8.4.9.3. Product Benchmarking
  - 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. Seagate Technology
  - 8.4.10.1. Participant's Overview
  - 8.4.10.2. Financial Performance
  - 8.4.10.3. Product Benchmarking
  - 8.4.10.4. Recent Developments/ Strategic Initiatives
- 8.4.11. Symantec Corporation
  - 8.4.11.1. Participant's Overview
  - 8.4.11.2. Financial Performance
  - 8.4.11.3. Product Benchmarking
  - 8.4.11.4. Recent Developments/ Strategic Initiatives
- 8.4.12. Toshiba Corporation
  - 8.4.12.1. Participant's Overview
  - 8.4.12.2. Financial Performance
  - 8.4.12.3. Product Benchmarking
  - 8.4.12.4. Recent Developments/ Strategic Initiatives

Personal And Entry Level Storage Market Size, Share & Trends Analysis Report By Component, By Connectivity (USB, Ethernet/Wi-Fi, Cloud), By Application, And Segment Forecasts, 2024 - 2030