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 report considers 2017-2018 as historical years, 2019 as the base year, and 2020-2027 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans. The report covers the estimation of key market players, emerging new players, and regional analysis to offer a better understanding of the USB Flashdrives market. It puts examines drivers and restraints of the USB Flashdrives market and analyzes their impact on the industry throughout the forecast period.
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Key Players operating in the industry 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
Radical Features of the USB Flashdrives Market Report:
- The report encompasses USB Flashdrives market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the USB Flashdrives industry
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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
Regional Analysis Covers:
- 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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