usb flashdrives market ppt

1. USB Flash Drive Market  Report 2019-2027 www.emergenresearch.com . 2 Surging demand for reliable data back-up storage options that retain information without relying on power sources or batteries is a key factor driving USB flash drives market growth

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5. Market Summary 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. USB flash drives are in high demand owing to the advantages associated with the product, including compact size, light-weight, high-speed data transfer & storage capabilities, no reliance on power source or battery for functioning, simplicity of the technology, and ease of use. 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. www.emergenresearch.com

6. Market Summary Further key findings from the report suggest 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. 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. . Request Free Sample : https://www.emergenresearch.com/request-sample/741 www.emergenresearch.com

7. Market Summary • Some Key Highlights From the Report • Asia Pacific is expected to contribute make major revenue contributions to the global USB flash drive market and register significant growth rate during the forecast period. This can be attributed to factor like steady economic growth, increasing consumer spending on electronic products, and high consumption of computing and data storage devices in the region. In addition, rapid proliferation of smartphones and cameras requiring high-speed storage option will further bolster the demand for USB flash drives in the coming years. • 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. • Request Free Sample Copy@https://www.emergenresearch.com/request-sample/741 www.emergenresearch.com

8. Market Summary • Emergen Research has segmented the global prenatal testing and newborn screening market on the basis of type, test type, technology, instrument, end-users, 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 • Read More@ https://www.emergenresearch.com/industry-report/usb-flashdrives-market

9. Market Summary Distribution Channel Outlook (Revenue, USD Billion; 2018-2028) Online Offline Read more: https://www.emergenresearch.com/industry-report/usb-flashdrives-market

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11. Regional Share Dynamics www.emergenresearch.com

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