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Europe External Hard Drive Market

Europe External Hard Drive Market Size, Share, Analysis: By Storage Capacity: Below 1 TB, 1 TB To 4 TB, Above 4 TB; By Application: Enterprises, Personal; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Europe External Hard Drive Market Size

The Europe external hard drive market is projected to grow at a CAGR of 3.3% between 2024 and 2032.

 

Europe External Hard Drive Market Outlook

  • As per the Office for National Statistics, product sales of data storage devices were over GBP 16 million in 2021.
  • As per INSEE in France, output by computer, electronic and optical products in 2022 was over EUR 30.7 billion.
  • As per DESTATIS the turnover of manufacture of computer, electronic and optical products in 2020 was EUR 89 billion in Germany.

 

Europe External Hard Drive Market Growth

Application in enterprises leads the Europe External Hard Drive Market growth since Businesses utilise external hard drives for various purposes.

External hard drives allow enterprises and businesses to store data, expand their storage capacities and maintain archives. In the case of memory backup and disaster recovery, external hard drives are essential in a business environment as part of strategies for safeguarding important information that can be compromised due to a system crash or other major problems. Enterprises typically require high-capacity, reliable and durable external hard drives which meet strict requirements relating to performance.

 

In January 2024, Sony announced a new PS5 model with a detachable disc drive and 1TB storage. This "Slim" version, slimmer and shorter than previous models, replaced both the PS5 and PS5 Digital Edition. It featured over 30% volume reduction and up to 24% weight reduction, depending on the model.

 

Another significant segment of the Europe External Hard Drive market is personal use. Personal files, photographs, videos, music collections, and multimedia content are what people store on hard drives. For individuals who need more space than what their computers or mobile phones can provide, these devices are useful. They also make it easier for individuals to travel around with large amounts of data while offering the flexibility to easily connect to different devices. Personal users often prioritize affordability, and ease of access to their stored files along with portability when selecting external hard drives.

 

Europe External Hard Drive Market

 

Europe External Hard Drive Market Segmentation

Europe External Hard Drive Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Storage Capacity

  • Below 1 TB 
  • 1 TB To 4 TB
  • Above 4 TB

 

Market Breakup by Application

  • Enterprises 
  • Personal 

 

Market Breakup by Distribution Channel

  • Offline 
  • Online

 

Market Breakup by Country

  • Germany
  • United Kingdom
  • France
  • Italy
  • Others

 

Europe External Hard Drive Market Share

Growth in the External hard drive market is led by 1 TB to 4 TB external hard drives as individuals require more space to store data in a professional and personal capacity. As individuals produce more data daily in the form of pictures, videos, personal files, and multimedia content, 1 TB to 4 TB comes across as the ideal storage capacity in external hard drives for personal use.

 

Leading Companies in the Europe External Hard Drive Market

Market players in the External hard drive industry are expanding their scope through online and offline methods of distribution as a means of increasing their customer outreach. Individuals prefer offline methods of distribution as a more traditional method where the products can be physically examined before the purchase.

 

  • Seagate Technology Holdings PLC
  • Western Digital Corporation
  • Toshiba Corporation
  • Sony Corp.
  • Transcend Information, Inc.
  • Lenovo Group Limited
  • Samsung Electronics Co., Ltd.
  • Kingston Technology Company, Inc.
  • ADATA Technology Co., Ltd.
  • ORICO Technologies Co., Ltd.
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Storage Capacity
  • Application
  • Distribution Channel
  • Region
Breakup by Storage Capacity
  • Below 1 TB 
  • 1 TB To 4 TB  
  • Above 4 TB
Breakup by Application
  • Enterprises 
  • Personal 
Breakup by Distribution Channel
  • Offline
  • Online
Breakup by Region
  • Germany
  • United Kingdom
  • France
  • Italy
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Seagate Technology Holdings PLC
  • Western Digital Corporation
  • Toshiba Corporation
  • Sony Corp.
  • Transcend Information, Inc.
  • Lenovo Group Limited
  • Samsung Electronics Co., Ltd.
  • Kingston Technology Company, Inc.
  • ADATA Technology Co., Ltd.
  • ORICO Technologies Co., Ltd.
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Global External Hard Drive Market Overview

    8.1    Key Industry Highlights
    8.2    Global External Hard Drive Historical Market (2018-2023) 
    8.3    Global External Hard Drive Market Forecast (2024-2032)
    8.4    Global External Hard Drive Market Share by Region
        8.4.1    North America
        8.4.2    Europe
        8.4.3    Asia Pacific
        8.4.4    Latin America
        8.4.5    Middle East and Africa
9    Europe External Hard Drive Market Overview
    9.1    Key Industry Highlights
    9.2    Europe External Hard Drive Historical Market (2018-2023) 
    9.3    Europe External Hard Drive Market Forecast (2024-2032)
10    Europe External Hard Drive Market by Storage Capacity
    10.1    Below 1 TB
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    1 TB To 4 TB 
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Above 4 TB 
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
11    Europe External Hard Drive Market by Application
    11.1    Enterprises
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Personal
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
12    Europe External Hard Drive Market by Distribution Channel
    12.1    Offline
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Online
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
13    Europe External Hard Drive Market by Country
    13.1    Germany
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Kingdom
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    France
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Italy
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators of Demand
    14.4    Key Indicators of Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Seagate Technology Holdings PLC 
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Western Digital Corporation 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Toshiba Corporation 
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Sony Corp. 
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Transcend Information, Inc. 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Lenovo Group Limited  
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Samsung Electronics Co., Ltd. 
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Kingston Technology Company, Inc.  
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    ADATA Technology Co., Ltd. 
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    ORICO Technologies Co., Ltd.   
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global External Hard Drive Market: Key Industry Highlights, 2018 and 2032
2.    Europe External Hard Drive Market: Key Industry Highlights, 2018 and 2032
3.    Europe External Hard Drive Historical Market: Breakup by Storage Capacity (USD Million), 2018-2023
4.    Europe External Hard Drive Market Forecast: Breakup by Storage Capacity (USD Million), 2024-2032
5.    Europe External Hard Drive Historical Market: Breakup by Application (USD Million), 2018-2023
6.    Europe External Hard Drive Market Forecast: Breakup by Application (USD Million), 2024-2032
7.    Europe External Hard Drive Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8.    Europe External Hard Drive Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9.    Europe External Hard Drive Historical Market: Breakup by Country (USD Million), 2018-2023
10.    Europe External Hard Drive Market Forecast: Breakup by Country (USD Million), 2024-2032
11.    Europe External Hard Drive Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.3% between 2024 and 2032.

Based on storage capacity, the external hard drive market is divided between below 1 TB, 1 TB To 4 TB, and above 4 TB.

The key players are Seagate Technology Holdings PLC, Western Digital Corporation, Toshiba Corporation, Sony Corp., Transcend Information, Inc., Lenovo Group Limited, Samsung Electronics Co., Ltd., Kingston Technology Company, Inc., ADATA Technology Co., Ltd.,  and ORICO Technologies Co., Ltd. among others.

Based on application, the market is divided between enterprises and personal.

Based on country, the market is divided between Germany, the United Kingdom, France, Italy, and others.

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