Data Storage Device Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

February 2025 | 135 pages | ID: D183B704CB7FEN
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Overview of the Data Storage Device Market
The global data storage device market is poised for significant growth, driven by the exponential increase in data generation across various industries. By 2025, the market is projected to grow at a compound annual growth rate (CAGR) of 5.8%-7.2%, reaching a valuation of approximately $120 billion-$140 billion. This growth is fueled by advancements in cloud computing, big data analytics, and the Internet of Things (IoT), which demand robust and scalable storage solutions.

Market Size and Share Analysis
In 2022, the global data storage device market was valued at around $85 billion. By 2025, it is expected to expand significantly, with a CAGR of 6.5%-7.0%. The market is segmented by product type, including hard disk drives (HDDs), solid-state drives (SSDs), and cloud storage solutions. SSDs are anticipated to dominate the market, accounting for 45%-50% of the total market share, owing to their faster data access speeds and declining prices.

Key Players in the Market
The data storage device market is highly competitive, with key players such as IBM, Oracle/StorageTek, Dell Inc., Hewlett Packard, Overland Storage, Spectra Logic, Quantum, and Qualstar leading the industry. These companies are focusing on innovation, strategic partnerships, and mergers to strengthen their market position. For instance, IBM's acquisition of Red Hat has significantly enhanced its cloud storage capabilities, while Dell's collaboration with VMware has bolstered its data management solutions.

Market Segmentation by Product Type
The market is segmented into the following product types:

Hard Disk Drives (HDDs): Expected to grow at a CAGR of 3.5%-4.0%, HDDs remain a cost-effective solution for bulk data storage, particularly in data centers.
Solid-State Drives (SSDs): Projected to grow at a CAGR of 8.0%-9.5%, SSDs are gaining traction due to their superior performance and declining costs.
Cloud Storage: Anticipated to grow at a CAGR of 10.0%-12.0%, cloud storage solutions are becoming increasingly popular due to their scalability and flexibility.


Market Segmentation by Application
The data storage device market is segmented by application into:

Media and Entertainment: Expected to account for 20%-25% of the market share, driven by the need for high-capacity storage for digital content.
Oil and Gas: Projected to grow at a CAGR of 6.0%-7.5%, as the industry generates vast amounts of seismic and exploration data.
High-Performance Computing (HPC): Anticipated to grow at a CAGR of 7.5%-8.5%, driven by the demand for faster data processing and storage in scientific research and simulations.
Education: Expected to grow at a CAGR of 5.0%-6.0%, as educational institutions increasingly adopt digital learning platforms.
Telecom: Projected to grow at a CAGR of 6.5%-7.5%, driven by the need for efficient data storage in 5G networks.
Life Sciences: Anticipated to grow at a CAGR of 7.0%-8.0%, as the industry generates large volumes of genomic and clinical data.
Others: Including retail, manufacturing, and government sectors, expected to grow at a CAGR of 5.5%-6.5%.


Market Segmentation by End-Use
The market is segmented by end-use into:

Enterprise: Expected to account for 60%-65% of the market share, driven by the need for scalable storage solutions in large organizations.
Consumer: Projected to grow at a CAGR of 4.5%-5.5%, driven by the increasing adoption of personal storage devices.


Regional Analysis
The data storage device market is segmented by region into:

North America: Expected to dominate the market with a share of 35%-40%, driven by the presence of major tech companies and early adoption of advanced technologies.
Europe: Projected to grow at a CAGR of 5.5%-6.5%, driven by increasing investments in data centers and cloud infrastructure.
Asia-Pacific: Anticipated to grow at the fastest CAGR of 8.0%-9.5%, driven by rapid digital transformation in countries like China and India.
Latin America: Expected to grow at a CAGR of 6.0%-7.0%, driven by increasing adoption of cloud storage solutions.
Middle East & Africa: Projected to grow at a CAGR of 5.0%-6.0%, driven by increasing investments in IT infrastructure.


Market News on Policy and Companies
Recent developments in the data storage device market include:

Policy Changes: Governments worldwide are implementing data localization laws, requiring companies to store data within national borders. This has led to increased demand for local data storage solutions.
Company News: In 2025, Dell announced the launch of its new line of high-capacity SSDs, aimed at meeting the growing demand for faster and more reliable storage solutions. Similarly, Hewlett Packard unveiled its latest cloud storage platform, designed to offer enhanced security and scalability.


Segment Forecasts (2025 - 2030)
The data storage device market is expected to continue its growth trajectory, with the following segment forecasts:

SSDs: Expected to grow at a CAGR of 8.5%-9.5%, driven by increasing adoption in consumer electronics and enterprise applications.
Cloud Storage: Projected to grow at a CAGR of 11.0%-13.0%, driven by the shift towards cloud-based solutions in various industries.
Enterprise Storage: Anticipated to grow at a CAGR of 6.5%-7.5%, driven by the need for scalable and secure storage solutions in large organizations.


Conclusion
The global data storage device market is set for robust growth, driven by technological advancements and increasing data generation across various industries. With key players focusing on innovation and strategic partnerships, the market is expected to witness significant developments in the coming years. By 2025, the market is projected to reach a valuation of $120 billion-$140 billion, with SSDs and cloud storage solutions leading the way.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method

CHAPTER 4 MARKET LANDSCAPE

4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Data Storage Device Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 TRADING ANALYSIS

8.1 Export of Data Storage Device by Region
8.2 Import of Data Storage Device by Region
8.3 Balance of Trade

CHAPTER 9 HISTORICAL AND FORECAST DATA STORAGE DEVICE MARKET IN NORTH AMERICA (2020-2030)

9.1 Data Storage Device Market Size
9.2 Data Storage Device Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
  9.5.1 United States
  9.5.2 Canada
  9.5.3 Mexico

CHAPTER 10 HISTORICAL AND FORECAST DATA STORAGE DEVICE MARKET IN SOUTH AMERICA (2020-2030)

10.1 Data Storage Device Market Size
10.2 Data Storage Device Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
  10.5.1 Brazil
  10.5.2 Argentina
  10.5.3 Chile
  10.5.4 Peru

CHAPTER 11 HISTORICAL AND FORECAST DATA STORAGE DEVICE MARKET IN ASIA & PACIFIC (2020-2030)

11.1 Data Storage Device Market Size
11.2 Data Storage Device Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
  11.5.1 China
  11.5.2 India
  11.5.3 Japan
  11.5.4 South Korea
  11.5.5 Southest Asia
  11.5.6 Australia

CHAPTER 12 HISTORICAL AND FORECAST DATA STORAGE DEVICE MARKET IN EUROPE (2020-2030)

12.1 Data Storage Device Market Size
12.2 Data Storage Device Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
  12.5.1 Germany
  12.5.2 France
  12.5.3 United Kingdom
  12.5.4 Italy
  12.5.5 Spain
  12.5.6 Belgium
  12.5.7 Netherlands
  12.5.8 Austria
  12.5.9 Poland
  12.5.10 Russia

CHAPTER 13 HISTORICAL AND FORECAST DATA STORAGE DEVICE MARKET IN MEA (2020-2030)

13.1 Data Storage Device Market Size
13.2 Data Storage Device Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
  13.5.1 Egypt
  13.5.2 Israel
  13.5.3 South Africa
  13.5.4 Gulf Cooperation Council Countries
  13.5.5 Turkey

CHAPTER 14 SUMMARY FOR GLOBAL DATA STORAGE DEVICE MARKET (2020-2025)

14.1 Data Storage Device Market Size
14.2 Data Storage Device Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

CHAPTER 15 GLOBAL DATA STORAGE DEVICE MARKET FORECAST (2025-2030)

15.1 Data Storage Device Market Size Forecast
15.2 Data Storage Device Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS

16.1 IBM
  16.1.1 Company Profile
  16.1.2 Main Business and Data Storage Device Information
  16.1.3 SWOT Analysis of IBM
  16.1.4 IBM Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Oracle/StorageTek
  16.2.1 Company Profile
  16.2.2 Main Business and Data Storage Device Information
  16.2.3 SWOT Analysis of Oracle/StorageTek
  16.2.4 Oracle/StorageTek Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 Dell Inc.
  16.3.1 Company Profile
  16.3.2 Main Business and Data Storage Device Information
  16.3.3 SWOT Analysis of Dell Inc.
  16.3.4 Dell Inc. Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Hewlett Packard
  16.4.1 Company Profile
  16.4.2 Main Business and Data Storage Device Information
  16.4.3 SWOT Analysis of Hewlett Packard
  16.4.4 Hewlett Packard Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Overland Storage
  16.5.1 Company Profile
  16.5.2 Main Business and Data Storage Device Information
  16.5.3 SWOT Analysis of Overland Storage
  16.5.4 Overland Storage Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.6 Spectra Logic
  16.6.1 Company Profile
  16.6.2 Main Business and Data Storage Device Information
  16.6.3 SWOT Analysis of Spectra Logic
  16.6.4 Spectra Logic Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.7 Quantum
  16.7.1 Company Profile
  16.7.2 Main Business and Data Storage Device Information
  16.7.3 SWOT Analysis of Quantum
  16.7.4 Quantum Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
16.8 Qualstar
  16.8.1 Company Profile
  16.8.2 Main Business and Data Storage Device Information
  16.8.3 SWOT Analysis of Qualstar
  16.8.4 Qualstar Data Storage Device Sales, Revenue, Price and Gross Margin (2020-2025)
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Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Data Storage Device Report
Table Data Sources of Data Storage Device Report
Table Major Assumptions of Data Storage Device Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Data Storage Device Picture
Table Data Storage Device Classification
Table Data Storage Device Applications List
Table Drivers of Data Storage Device Market
Table Restraints of Data Storage Device Market
Table Opportunities of Data Storage Device Market
Table Threats of Data Storage Device Market
Table Covid-19 Impact For Data Storage Device Market
Table Raw Materials Suppliers List
Table Different Production Methods of Data Storage Device
Table Cost Structure Analysis of Data Storage Device
Table Key End Users List
Table Latest News of Data Storage Device Market
Table Merger and Acquisition List
Table Planned/Future Project of Data Storage Device Market
Table Policy of Data Storage Device Market
Table 2020-2030 Regional Export of Data Storage Device
Table 2020-2030 Regional Import of Data Storage Device
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Data Storage Device Market Size and Market Volume List
Figure 2020-2030 North America Data Storage Device Market Size and CAGR
Figure 2020-2030 North America Data Storage Device Market Volume and CAGR
Table 2020-2030 North America Data Storage Device Demand List by Application
Table 2020-2025 North America Data Storage Device Key Players Sales List
Table 2020-2025 North America Data Storage Device Key Players Market Share List
Table 2020-2030 North America Data Storage Device Demand List by Type
Table 2020-2025 North America Data Storage Device Price List by Type
Table 2020-2030 United States Data Storage Device Market Size and Market Volume List
Table 2020-2030 United States Data Storage Device Import & Export List
Table 2020-2030 Canada Data Storage Device Market Size and Market Volume List
Table 2020-2030 Canada Data Storage Device Import & Export List
Table 2020-2030 Mexico Data Storage Device Market Size and Market Volume List
Table 2020-2030 Mexico Data Storage Device Import & Export List
Table 2020-2030 South America Data Storage Device Market Size and Market Volume List
Figure 2020-2030 South America Data Storage Device Market Size and CAGR
Figure 2020-2030 South America Data Storage Device Market Volume and CAGR
Table 2020-2030 South America Data Storage Device Demand List by Application
Table 2020-2025 South America Data Storage Device Key Players Sales List
Table 2020-2025 South America Data Storage Device Key Players Market Share List
Table 2020-2030 South America Data Storage Device Demand List by Type
Table 2020-2025 South America Data Storage Device Price List by Type
Table 2020-2030 Brazil Data Storage Device Market Size and Market Volume List
Table 2020-2030 Brazil Data Storage Device Import & Export List
Table 2020-2030 Argentina Data Storage Device Market Size and Market Volume List
Table 2020-2030 Argentina Data Storage Device Import & Export List
Table 2020-2030 Chile Data Storage Device Market Size and Market Volume List
Table 2020-2030 Chile Data Storage Device Import & Export List
Table 2020-2030 Peru Data Storage Device Market Size and Market Volume List
Table 2020-2030 Peru Data Storage Device Import & Export List
Table 2020-2030 Asia & Pacific Data Storage Device Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Data Storage Device Market Size and CAGR
Figure 2020-2030 Asia & Pacific Data Storage Device Market Volume and CAGR
Table 2020-2030 Asia & Pacific Data Storage Device Demand List by Application
Table 2020-2025 Asia & Pacific Data Storage Device Key Players Sales List
Table 2020-2025 Asia & Pacific Data Storage Device Key Players Market Share List
Table 2020-2030 Asia & Pacific Data Storage Device Demand List by Type
Table 2020-2025 Asia & Pacific Data Storage Device Price List by Type
Table 2020-2030 China Data Storage Device Market Size and Market Volume List
Table 2020-2030 China Data Storage Device Import & Export List
Table 2020-2030 India Data Storage Device Market Size and Market Volume List
Table 2020-2030 India Data Storage Device Import & Export List
Table 2020-2030 Japan Data Storage Device Market Size and Market Volume List
Table 2020-2030 Japan Data Storage Device Import & Export List
Table 2020-2030 South Korea Data Storage Device Market Size and Market Volume List
Table 2020-2030 South Korea Data Storage Device Import & Export List
Table 2020-2030 Southeast Asia Data Storage Device Market Size List
Table 2020-2030 Southeast Asia Data Storage Device Market Volume List
Table 2020-2030 Southeast Asia Data Storage Device Import List
Table 2020-2030 Southeast Asia Data Storage Device Export List
Table 2020-2030 Australia Data Storage Device Market Size and Market Volume List
Table 2020-2030 Australia Data Storage Device Import & Export List
Table 2020-2030 Europe Data Storage Device Market Size and Market Volume List
Figure 2020-2030 Europe Data Storage Device Market Size and CAGR
Figure 2020-2030 Europe Data Storage Device Market Volume and CAGR
Table 2020-2030 Europe Data Storage Device Demand List by Application
Table 2020-2025 Europe Data Storage Device Key Players Sales List
Table 2020-2025 Europe Data Storage Device Key Players Market Share List
Table 2020-2030 Europe Data Storage Device Demand List by Type
Table 2020-2025 Europe Data Storage Device Price List by Type
Table 2020-2030 Germany Data Storage Device Market Size and Market Volume List
Table 2020-2030 Germany Data Storage Device Import & Export List
Table 2020-2030 France Data Storage Device Market Size and Market Volume List
Table 2020-2030 France Data Storage Device Import & Export List
Table 2020-2030 United Kingdom Data Storage Device Market Size and Market Volume List
Table 2020-2030 United Kingdom Data Storage Device Import & Export List
Table 2020-2030 Italy Data Storage Device Market Size and Market Volume List
Table 2020-2030 Italy Data Storage Device Import & Export List
Table 2020-2030 Spain Data Storage Device Market Size and Market Volume List
Table 2020-2030 Spain Data Storage Device Import & Export List
Table 2020-2030 Belgium Data Storage Device Market Size and Market Volume List
Table 2020-2030 Belgium Data Storage Device Import & Export List
Table 2020-2030 Netherlands Data Storage Device Market Size and Market Volume List
Table 2020-2030 Netherlands Data Storage Device Import & Export List
Table 2020-2030 Austria Data Storage Device Market Size and Market Volume List
Table 2020-2030 Austria Data Storage Device Import & Export List
Table 2020-2030 Poland Data Storage Device Market Size and Market Volume List
Table 2020-2030 Poland Data Storage Device Import & Export List
Table 2020-2030 Russia Data Storage Device Market Size and Market Volume List
Table 2020-2030 Russia Data Storage Device Import & Export List
Table 2020-2030 MEA Data Storage Device Market Size and Market Volume List
Figure 2020-2030 MEA Data Storage Device Market Size and CAGR
Figure 2020-2030 MEA Data Storage Device Market Volume and CAGR
Table 2020-2030 MEA Data Storage Device Demand List by Application
Table 2020-2025 MEA Data Storage Device Key Players Sales List
Table 2020-2025 MEA Data Storage Device Key Players Market Share List
Table 2020-2030 MEA Data Storage Device Demand List by Type
Table 2020-2025 MEA Data Storage Device Price List by Type
Table 2020-2030 Egypt Data Storage Device Market Size and Market Volume List
Table 2020-2030 Egypt Data Storage Device Import & Export List
Table 2020-2030 Israel Data Storage Device Market Size and Market Volume List
Table 2020-2030 Israel Data Storage Device Import & Export List
Table 2020-2030 South Africa Data Storage Device Market Size and Market Volume List
Table 2020-2030 South Africa Data Storage Device Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Data Storage Device Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Data Storage Device Import & Export List
Table 2020-2030 Turkey Data Storage Device Market Size and Market Volume List
Table 2020-2030 Turkey Data Storage Device Import & Export List
Table 2020-2025 Global Data Storage Device Market Size List by Region
Table 2020-2025 Global Data Storage Device Market Size Share List by Region
Table 2020-2025 Global Data Storage Device Market Volume List by Region
Table 2020-2025 Global Data Storage Device Market Volume Share List by Region
Table 2020-2025 Global Data Storage Device Demand List by Application
Table 2020-2025 Global Data Storage Device Demand Market Share List by Application
Table 2020-2025 Global Data Storage Device Key Vendors Sales List
Table 2020-2025 Global Data Storage Device Key Vendors Sales Share List
Figure 2020-2025 Global Data Storage Device Market Volume and Growth Rate
Table 2020-2025 Global Data Storage Device Key Vendors Revenue List
Figure 2020-2025 Global Data Storage Device Market Size and Growth Rate
Table 2020-2025 Global Data Storage Device Key Vendors Revenue Share List
Table 2020-2025 Global Data Storage Device Demand List by Type
Table 2020-2025 Global Data Storage Device Demand Market Share List by Type
Table 2020-2025 Regional Data Storage Device Price List
Table 2025-2030 Global Data Storage Device Market Size List by Region
Table 2025-2030 Global Data Storage Device Market Size Share List by Region
Table 2025-2030 Global Data Storage Device Market Volume List by Region
Table 2025-2030 Global Data Storage Device Market Volume Share List by Region
Table 2025-2030 Global Data Storage Device Demand List by Application
Table 2025-2030 Global Data Storage Device Demand Market Share List by Application
Table 2025-2030 Global Data Storage Device Key Vendors Sales List
Table 2025-2030 Global Data Storage Device Key Vendors Sales Share List
Figure 2025-2030 Global Data Storage Device Market Volume and Growth Rate
Table 2025-2030 Global Data Storage Device Key Vendors Revenue List
Figure 2025-2030 Global Data Storage Device Market Size and Growth Rate
Table 2025-2030 Global Data Storage Device Key Vendors Revenue Share List
Table 2025-2030 Global Data Storage Device Demand List by Type
Table 2025-2030 Global Data Storage Device Demand Market Share List by Type
Table 2025-2030 Data Storage Device Regional Price List
Table IBM Information
Table SWOT Analysis of IBM
Table 2020-2025 IBM Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 IBM Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 IBM Data Storage Device Market Share
Table Oracle/StorageTek Information
Table SWOT Analysis of Oracle/StorageTek
Table 2020-2025 Oracle/StorageTek Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Oracle/StorageTek Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Oracle/StorageTek Data Storage Device Market Share
Table Dell Inc. Information
Table SWOT Analysis of Dell Inc.
Table 2020-2025 Dell Inc. Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Dell Inc. Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Dell Inc. Data Storage Device Market Share
Table Hewlett Packard Information
Table SWOT Analysis of Hewlett Packard
Table 2020-2025 Hewlett Packard Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Hewlett Packard Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Hewlett Packard Data Storage Device Market Share
Table Overland Storage Information
Table SWOT Analysis of Overland Storage
Table 2020-2025 Overland Storage Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Overland Storage Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Overland Storage Data Storage Device Market Share
Table Spectra Logic Information
Table SWOT Analysis of Spectra Logic
Table 2020-2025 Spectra Logic Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Spectra Logic Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Spectra Logic Data Storage Device Market Share
Table Quantum Information
Table SWOT Analysis of Quantum
Table 2020-2025 Quantum Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Quantum Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Quantum Data Storage Device Market Share
Table Qualstar Information
Table SWOT Analysis of Qualstar
Table 2020-2025 Qualstar Data Storage Device Sale Volume Price Cost Revenue
Figure 2020-2025 Qualstar Data Storage Device Sale Volume and Growth Rate
Figure 2020-2025 Qualstar Data Storage Device Market Share


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