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Global Secondary Storage Devices Market Growth (Status and Outlook) 2024-2030
Oct 2025
Information and Communication Technology
Pages: 118
LPI16132
The global Secondary Storage Devices market size is predicted to grow from US$ 114840 million in 2024 to US$ 164980 million in 2030; it is expected to grow at a CAGR of 6.2% from 2024 to 2030.
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Secondary storage devices are non-volatile memory solutions used for long-term data retention. Examples include hard disk drives (HDDs), solid-state drives (SSDs), optical discs, and USB flash drives. Unlike primary storage, secondary storage retains data even when the device is powered off, offering greater capacity and reliability for archiving, backups, and general data storage.
United States market for Secondary Storage Devices is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Secondary Storage Devices is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Secondary Storage Devices is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Secondary Storage Devices players cover IBM, Dell, HPE, Huawei, Western Digital, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
LPI (LP Information) newest research report, the Secondary Storage Devices Industry Forecast looks at past sales and reviews total world Secondary Storage Devices sales in 2023, providing a comprehensive analysis by region and market sector of projected Secondary Storage Devices sales for 2024 through 2030. With Secondary Storage Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Secondary Storage Devices industry.
This Insight Report provides a comprehensive analysis of the global Secondary Storage Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Secondary Storage Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Secondary Storage Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Secondary Storage Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Secondary Storage Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Secondary Storage Devices market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hard Disk Drive (HDD)
Solid-State Drive (SSD)
Optical Discs (CD, DVD, Blu-ray)
USB Flash Drive
Flash Memory Cards
Segmentation by Application:
Electronics
Communication
Aerospace
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the companys coverage, product portfolio, its market penetration.
IBM
Dell
HPE
Huawei
Western Digital
Seagate Technology
Lenovo
Toshiba
NetApp
Pure Storage
Kingston Technology
ADATA
Secondary Storage Devices Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
REPORT COVERAGE
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
SEGMENT COVERED
By component, deployment, organization size, application, and industry.
REGIONAL SCOPE
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
COUNTRY SCOPE
Includes key countries across all major regions.
📘 Frequently Asked Questions
1. What is the market size of Global Secondary Storage Devices Market?
Answer: The global Secondary Storage Devices market size is predicted to grow from US$ 114840 million in 2024 to US$ 164980 million in 2030; it is expected to grow at a CAGR of 6.2% from 2024 to 2030.
2. Which regions are analyzed in the Global Secondary Storage Devices Market report?
Answer: The Global Secondary Storage Devices Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global Secondary Storage Devices Market?
Answer: The Global Secondary Storage Devices Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global Secondary Storage Devices Market?
Answer: Yes, the Global Secondary Storage Devices Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global Secondary Storage Devices Market?
Answer: Yes, Global Secondary Storage Devices Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global Secondary Storage Devices Market report?
Answer: Yes, Global Secondary Storage Devices Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global Secondary Storage Devices Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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🔐 Secure Payment Guaranteed
Safe checkout with trusted global payment methods.
🌟 Why Choose Infinity Market Research?
At Infinity Market Research, we dont just deliver data — we deliver clarity, confidence, and competitive edge.
In a world driven by insights, we help businesses unlock the infinite potential of informed decisions.
Here why global brands, startups, and decision-makers choose us:
Industry-Centric Expertise
With deep domain knowledge across sectors — from healthcare and technology to manufacturing and consumer goods — our team delivers insights that matter.
Custom Research, Not Cookie-Cutter Reports
Every business is unique, and so are its challenges. Thats why we tailor our research to your specific goals, offering solutions that are actionable, relevant, and reliable.
Data You Can Trust
Our research methodology is rigorous, transparent, and validated at every step. We believe in delivering not just numbers, but numbers that drive real impact.
Client-Centric Approach
Your success is our priority. From first contact to final delivery, our team is responsive, collaborative, and committed to your goals — because you re more than a client; you re a partner.
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