External Storage Market

External Storage Market: Global Industry Analysis and Opportunity Assessment 2017-2027

  • Ongoing
  • April 2020
  • REP-GB-2935
  • PDF PPT EXCEL
External Storage Market
  • SELECT LICENSE TYPE :

  • US$5,000
  • US$7,500
  • US$10,000

This External Storage market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving External Storage market.


External storage, also called as auxiliary storage or secondary storage, comprises of all addressable data storage that do not belong to the computer's main storage or memory. Such devices are not permanently fixed inside a computer. They offer advantages such as enhanced data storage capacity, portability, and data backup options.

In recent years, external storage market witnessed a significant year-on-year growth, mainly due to due to increased spending in storage technology across communications, media and banking verticals along with residential sector, especially in emerging economies.

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Need granular data and specific insights that are hard to get?
Market Overview:

After an initial slowdown in 2014, the demand for external storage picked up with customer preference shifting to low-cost storage solutions. This shift has resulted in a loss of share for large storage vendors at the expense of smaller providers.

External storage systems involves range of techniques such as magnetic storage, optical storage, solid state storage and smart cloud devices.

Market Dynamics:

External storage tools are crucial components of modern businesses. The growth of external storage market is driven by factors such as increasing uptake of digital transformation projects across organizations, momentum in the adoption of hybrid & all flash arrays, increased government spending in advanced storage technologies and growing volumes of data due to increasing workloads (such as VDI, OLTP and DB) across verticals.

Additionally, increasing number of enterprises are shifting to procure external storage solutions from by small storage vendors, offering better capacity/performance with competitive prices. Enterprises are allocating significant share of their budgets for external storage solutions and an appreciable portion of these investments are expected to flow into the external storage market.

However, advanced technologies such as software-defined storage and hyper-converged infrastructure are expected to cannibalize traditional external storage market, and is expected to have a large impact during the forecast period.

Market Segmentation:

Global External Storage market is mainly classified on the basis of type of storage technique, end user and regions.

On the basis of type of storage technique, global external storage market is segmented into police optical storage (CD/DVD and blue-ray), solid state storage & flash memory devices (memory cards, memory stticks), smart cloud devices, and external hard drives.

On the basis of verticals the market is segmented as commercial (BFSI, IT & Telecommunication, hospitals, media & entertainment, law firms, education, government institutions and others) and residential.

Key Market Players

The major players in the global external Storage market include of Netapp, EMC Corporation (Dell), Hewlett Packard Enterprise Development LP, International Business Machines Corporation (IBM), Toshiba Corporation, Hitachi Data Systems, Seagate Technology LLC, Pure Storage, Inc., Fujitsu and Huawei Technologies Co., Ltd.

In recent years, external storage systems vendors have witnessed a decline in revenues due to a slowdown in hardware sales, majorly due to increasing competition from smaller vendors and flash-storage startups.  

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

Unique Requirements? Customize this Report

  • Customize by Region, Country, Application, Product, & other segments
  • Integrate our Insights with your Existing Data
  • Determine the scope of the study to suit your requirements

Let FMI Help You!

  • Gain Insights on Key External Storage Market Impacting Forces
  • Know the Winning Strategies of Market Leaders
  • Get Deep-Dive Analysis on Each Segment
  • Identify the Sources that will Drive Top-Line Revenue

On the basis of regions, the market is segmented into 7 key regions:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

The report covers exhaustive analysis on:

  • External Storage Market Segments
  • External Storage Market Dynamics
  • Historical Actual Market Size, 2015 - 2016
  • External Storage Market Size & Forecast 2017 To 2027
  • Ecosystem Analysis
  • External Storage Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain Analysis
  • External Storage Market Drivers and Restraints

Regional analysis for External Storage market includes development of these technologies in the following regions:

  • North America
    • US
    • Canada
  • Latin America
    • Argentina
    • Brazil
    • Mexico
    • Rest of LATAM
  • Europe
    • Western Europe
      • Germany
      • France
      • U.K
      • Italy
      • Spain
      • Nordics
      • Benelux
      • Rest of the Western Europe
    • Eastern Europe
      • Poland
      • Russia
      • Rest of the Eastern Europe
  • Asia Pacific excluding Japan (APEJ)
    • China
    • India
    • ASEAN
    • Australia and New Zealand (ANZ)
    • Rest of APEJ
  • Japan
  • Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the External Storage Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the External Storage Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the External Storage Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
Get in touch
Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

* indicates mandatory fields
Our Clients

Request Sample Request customization Request Methodology