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USB 3.0 Flash Drives Market By Manufacturing Process (Chip-on-board, Conventional), By Capacity (Below 4 GB, 4 GB to 16 GB, 16 GB to 64 GB, 128 GB, 256 GB and Above) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027

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Published: | Report ID: 11138 | Report Format : PDF

Growing Data Volumes Worldwide to Boost the Demand for USB 3.0 Flash Drives

The global USB 3.0 flash drive market is expected to grow at a CAGR of 17.7% from 2019 to 2027, with a starting value of US$ 1,863.8 million in 2018.Increased virtual data and rising data volumes worldwide are the major factors driving the market growth. Rapid technical advancements in the flash drive market will also boost the market growth. The development of large-capacity flash drives is another factor contributing to market growth. Less power consumption, compatibility, and rapid transfer speed are some of the main benefits driving the market growth. As a result, the market will show huge growth in the years to come.

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Market Synopsis

Growing data volumes will drive the fastest growth in the 128GB and 256GB+ segments.

In 2018, 16GB to 64GB led the market. The 16GB to 64GB segment contributed to more than 1/3rd of the global market revenue share in the same year. The segment’s dominance is primarily due to its large storage space and low cost. On the other hand, the 128GB and 256GB and above segments will show the fastest growth in the years to come. Growing digital data volumes and the need for large storage devices are the major factors driving the fastest growth. As a result of these factors, we presume that the 128GB and 256GB and above segments will show the highest CAGR during the forecast period.

Growing Demand for Storage Devices Maintains Asia Pacific’s Dominance

In 2018, Asia Pacific was the highest value contributor in the global market. Asia Pacific contributed to over 1/3 of the world market’s revenue share. The rising need for storage devices, rapid technology adoption, and the presence of major market players are some of the major factors contributing to the dominance of the Asia Pacific region. Growing data volumes in the region are another factor contributing to the Asia-Pacific market’s growth. Additionally, the growing digital electronics market in the region will also help the market grow. Therefore, we predict that the Asia Pacific will continue its dominance throughout the forecast period.

The key strategy for market players will be increased new product launches with more storage space.

Major manufacturers are focused on launching products with high storage capacity. Partnership agreements, new product launches, acquisitions, and improved R&D will increase the USB 3.0 flash drive market in emerging nations in the near future.

List of Companies Covered:

  • ADATA Technology Co., Ltd.
  • HP, Inc.
  • Kingston Technology Corporation

Lenovo Group Ltd.

  • SanDisk Corporation
  • Toshiba
  • Verbatim Corporation, Inc.

Transcend Information, Inc.

  • Corsair Components, Inc.
  • Emtec, Inc.
  • Monster Digital
  • Gigastone Corporation
  • Micron Consumer Products Group, Inc. (Lexar)
  • Samsung Group

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Key Industry Developments:

Transcend Information, Inc. launched high-capacity (128GB and 256GB) USB 3.0 flash drives with blazing-fast transfer speeds in recent years. Transcend Information, Inc. introduced the JetFlash series, which can store 64000 mp3 songs, 64 hours of HD video, or more than 100,000 images with a maximum transfer speed of 210 MB/s.

Periods of History and Forecast

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Market Segmentation

The current report also encompasses qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better understanding of the overall USB 3.0 flash drive market. Additionally, the global report also comprises a graphical representation of the competitive landscape based on their market initiatives and strategies, product portfolios, and business strengths.

Key questions are answered in this report.

  • What was the market size of USB 3.0 flash drives in 2018 and the forecast up to 2027?
  • Which is the largest regional market by revenue for USB 3.0 flash drives?
  • What are the major trends followed in overall USB 3.0 flash drives across different regions?
  • What are the key market trends and high-growth opportunities observed in the USB 3.0 flash drive market?
  • What are the drivers for the USB 3.0 flash drive market?
  • Who are the key USB 3.0 flash drive companies leading the market?
  • What are the key strategies adopted by the leading USB 3.0 flash drive companies in the market?

This report’s distinct data points

  • Recent trends across different regions in terms of the adoption of USB 3.0 flash drives
  • There are notable developments going on in the USB 3.0 flash drive industry.
  • Attractive investment opportunity in both the USB 3.0 flash drive segment and geography

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global USB 3.0 Flash Drives Market
2.2. Global USB 3.0 Flash Drives Market, by Manufacturing Process, 2018 (US$ Bn)
2.3. Global USB 3.0 Flash Drives Market, by Capacity, 2018 (US$ Bn)
2.4. Global USB 3.0 Flash Drives Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global USB 3.0 Flash Drives Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global USB 3.0 Flash Drives Market, by Manufacturing Process , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Chip on Board
4.3. Conventional

5. Global USB 3.0 Flash Drives Market, by Capacity, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Below 4GB
5.3. 4GB to 16GB
5.4. 16GB to 64GB
5.5. 128GB
5.6. 256GB and Above

6. North America USB 3.0 Flash Drives Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America USB 3.0 Flash Drives Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America USB 3.0 Flash Drives Market Value, By Manufacturing Process, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America USB 3.0 Flash Drives Market Value, By Capacity, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America USB 3.0 Flash Drives Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe USB 3.0 Flash Drives Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe USB 3.0 Flash Drives Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe USB 3.0 Flash Drives Market Value, By Manufacturing Process, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe USB 3.0 Flash Drives Market Value, By Capacity, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe USB 3.0 Flash Drives Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific USB 3.0 Flash Drives Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific USB 3.0 Flash Drives Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific USB 3.0 Flash Drives Market Value, By Manufacturing Process, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific USB 3.0 Flash Drives Market Value, By Capacity, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific USB 3.0 Flash Drives Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World USB 3.0 Flash Drives Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World USB 3.0 Flash Drives Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World USB 3.0 Flash Drives Market Value, By Manufacturing Process, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World USB 3.0 Flash Drives Market Value, By Capacity, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World USB 3.0 Flash Drives Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. ADATA Technology Co., Ltd.
10.2. HP Inc.
10.3. Kingston Technology Corporation
10.4. Lenovo Group Ltd.
10.5. SanDisk Corporation
10.6. Toshiba
10.7. Verbatim Corporation, Inc.
10.8. Transcend Information, Inc.
10.9. Corsair Components, Inc.
10.10. Emtec Inc.
10.11. Monster Digital
10.12. Gigastone Corporation
10.13. Patriot Memory LLC
10.14. Micron Consumer Products Group, Inc. (Lexar)
10.15. Samsung Group

 

List of Figures

FIG. 1 Global USB 3.0 Flash Drives Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global USB 3.0 Flash Drives Market Segmentation
FIG. 4 Global USB 3.0 Flash Drives Market, by Manufacturing Process, 2018 (US$ Bn)
FIG. 5 Global USB 3.0 Flash Drives Market, by Capacity, 2018 (US$ Bn)
FIG. 6 Global USB 3.0 Flash Drives Market, by Geography, 2018 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key USB 3.0 Flash Drives Market Manufacturers, 2018
FIG. 9 Global USB 3.0 Flash Drives Market, by Chip on Board, Value, 2017–2027 (US$ Bn)
FIG. 10 Global USB 3.0 Flash Drives Market, byConventional, Value, 2017–2027 (US$ Bn)
FIG. 11 Global USB 3.0 Flash Drives Market, by Below 4GB, 2017–2027 (US$ Bn)
FIG. 12 Global USB 3.0 Flash Drives Market, by 4GB to 16GB, Value, 2017–2027 (US$ Bn)
FIG. 13 Global USB 3.0 Flash Drives Market, by 16GB to 64GB, 2017–2027 (US$ Bn)
FIG. 14 Global USB 3.0 Flash Drives Market, by 128GB, Value, 2017–2027 (US$ Bn)
FIG. 15 Global USB 3.0 Flash Drives Market, by 256GB and Above, Value, 2017–2027 (US$ Bn)
FIG. 16 U.S. USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 17 Canada USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 18 U.K. USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 19 Germany USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 20 France USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 21 Italy USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 22 Rest of Europe USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 23 Japan USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 24 China USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 25 India USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 26 Rest of Asia Pacific USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 27 Middle East & Africa USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)
FIG. 28 Latin America USB 3.0 Flash Drives Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global USB 3.0 Flash Drives Market
TABLE 2 Global USB 3.0 Flash Drives Market, by Manufacturing Process, 2017–2027 (US$ Bn)
TABLE 3 Global USB 3.0 Flash Drives Market, by Capacity, 2017–2027 (US$ Bn)
TABLE 4 Global USB 3.0 Flash Drives Market, by Geography, 2017–2027 (US$ Bn)
TABLE 5 North America USB 3.0 Flash Drives Market, by Manufacturing Process, 2017–2027 (US$ Bn)
TABLE 6 North America USB 3.0 Flash Drives Market, by Capacity, 2017–2027 (US$ Bn)
TABLE 7 North America USB 3.0 Flash Drives Market, by Country, 2017–2027 (US$ Bn)
TABLE 8 Europe USB 3.0 Flash Drives Market, by Manufacturing Process, 2017–2027 (US$ Bn)
TABLE 9 Europe USB 3.0 Flash Drives Market, by Capacity, 2017–2027 (US$ Bn)
TABLE 10 Europe USB 3.0 Flash Drives Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 11 Asia Pacific USB 3.0 Flash Drives Market, by Manufacturing Process, 2017–2027 (US$ Bn)
TABLE 12 Asia Pacific USB 3.0 Flash Drives Market, by Capacity, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific USB 3.0 Flash Drives Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 14 RoW USB 3.0 Flash Drives Market, by Manufacturing Process, 2017–2027 (US$ Bn)
TABLE 15 RoW USB 3.0 Flash Drives Market, by Capacity, 2017–2027 (US$ Bn)
TABLE 16 RoW USB 3.0 Flash Drives Market, by Country/Region, 2017–2027 (US$ Bn)

Frequently Asked Questions:

What is the size of USB 3.0 Flash Drives Market?

The market for USB 3.0 Flash Drives Market is expected to reach US$ 1,863.8 million by 2027.

What is the USB 3.0 Flash Drives Market CAGR?

The USB 3.0 Flash Drives Market is expected to see significant CAGR growth over the coming years, at 17.7%.

What is the Forecast period considered for USB 3.0 Flash Drives Market?

The report is forecasted from 2019-2027.

What is the base year considered for USB 3.0 Flash Drives Market?

The base year of this report is 2018.

Who are the major players in this market?

Corsair Components, Inc., Transcend Information, Inc., Lenovo Group Ltd., Kingston Technology Corporation are some of the major players in the global market.

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