Emergen Research latest document, titled ‘Global Usb Flashdrives Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Usb Flashdrives market. The report’s authors have offered necessary details on the latest Usb Flashdrives market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Usb Flashdrives industry entails useful insights into the estimated Usb Flashdrives market size, revenue share, and sales distribution networks.
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Usb Flashdrives business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Usb Flashdrives market growth assessed on both regional and global levels.
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Key Findings In the Report:
Based on application, the commercial segment is projected to gain major traction during the analysis period. This can be attributed to high performance and reliability of USB flash drives for data storage applications in transportation, casino gaming, networking communications, aerospace military, industrials, healthcare sector, and others.
The product is also less prone to damage or corruption as compared to other storage devices like CDs and floppy disks. The introduction of USB 3.0 flash drives that offer a data transfer rate of 4.8 GB per second will further boost product proliferation in the coming years.High demand for compact and easy-to-use storage devices with optimum storage capacity will influence USB flash drives industry expansion during the forecast period.
Based on distribution channel, the online segment account for largest market share in the base year and is forecast to register significant growth through 2028. This can be attributed to the availability of wide-range of USB flash drives on online platforms. Buying products online saves times as well as money due to competitive discounts. Rising trend of online shopping among consumers due to wide range of product options, multiple payment options, and discounts will drive the sales of USB flash drives through online distribution channels.
Major market player in the USB flash drive market include Toshiba Corp, Sony Corporation, Micron Technology, Verbatim Americas LLC, Hewlett Packard Enterprise, Kingston Technology Corp, SanDisk, Seagate Technology, Samsung Electronics, and Lexar Media Inc. among others. These industry players are engaged in various research and development activities to innovate and offer efficient USB technologies.
The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Emergen Research has segmented the global USB flash drive market on the basis of product type, application, distribution channel and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- 8GB
- 16GB
- 32GB
- 64GB
- 128GB
- Others
Application Outlook (Revenue, USD Billion; 2018-2028)
- Personal
- Commercial
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Online
- Offline
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Market Taxonomy:
Chapter 1: Methodology Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
Key questions addressed in the report:
- What are the key factors driving the global Usb Flashdrives market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Usb Flashdrives market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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