United States External Hard Drive Market Report and Forecast 2025-2034
Description
The United States external hard drive market was valued at USD 4.23 Billion in 2024. The industry is expected to grow at a CAGR of 3.10% during the forecast period of 2025-2034 to attain a valuation of USD 5.74 Billion by 2034.
United States External Hard Drive Market Growth
Hard drive storage capacity is crucial for companies needing to store large volumes of data, including operational and customer information, and other business details. To ensure uninterrupted data access in an enterprise storage system, hard drives must be highly reliable and offer very high read and write speeds. This reliability is essential for maintaining business efficiency and success.
In October 2023, Samsung introduced its new flagship Portable SSD T9, aimed at office professionals seeking exceptional and reliable performance. Featuring a USB 3.2 Gen 2x2 interface and a sleek design with exterior rubber protection, it can read and write at speeds of 2,000 MB/s, which is twice as fast as its predecessors.
Laptops frequently use external drives for personal applications to store high-resolution digital media, source materials, and collections. This practice helps free up laptop space and enhance performance, especially given the high content consumption rates among younger users. External hard drives provide the same functionality as internal laptop drives without compromising portability and practicality. With the rise of mobile technology and the work-from-home culture, people prefer portable hard drives to access their data from anywhere.
United States External Hard Drive Industry Segmentation
The United States External Hard Drive Market Report and Forecast 2025-2034 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
New England
Mideast
Great Lakes
Plains
Southeast
Southwest
Rocky Mountain
Far West
United States External Hard Drive Market Share
The market is divided into two segments: offline and online sales channels. Offline channels consist of physical retail stores and electronics shops, offering customers trustworthiness and a tangible shopping experience. On the other hand, online channels such as Amazon, Flipkart, and the brand's website provide a wide array of options with clearly delineated sections to fulfil all user needs.
Leading Companies in the United States External Hard Drive Market
Seagate Technology Holdings PLC
Western Digital Corporation
Toshiba Corporation
Sony Corp.
Transcend Information Inc.
Samsung Electronics Co. Ltd.
Kingston Technology Company Inc.
ADATA Technology Co. Ltd
ORICO Technologies Co. Ltd
Buffalo Americas Inc.
Others
Major market players are trying to provide high-speed data transfer with advanced data encryption algorithms to reduce any chance of a data breach, inducing more trust among companies to use these technologies, thereby contributing to market growth.
United States External Hard Drive Market Growth
Hard drive storage capacity is crucial for companies needing to store large volumes of data, including operational and customer information, and other business details. To ensure uninterrupted data access in an enterprise storage system, hard drives must be highly reliable and offer very high read and write speeds. This reliability is essential for maintaining business efficiency and success.
In October 2023, Samsung introduced its new flagship Portable SSD T9, aimed at office professionals seeking exceptional and reliable performance. Featuring a USB 3.2 Gen 2x2 interface and a sleek design with exterior rubber protection, it can read and write at speeds of 2,000 MB/s, which is twice as fast as its predecessors.
Laptops frequently use external drives for personal applications to store high-resolution digital media, source materials, and collections. This practice helps free up laptop space and enhance performance, especially given the high content consumption rates among younger users. External hard drives provide the same functionality as internal laptop drives without compromising portability and practicality. With the rise of mobile technology and the work-from-home culture, people prefer portable hard drives to access their data from anywhere.
United States External Hard Drive Industry Segmentation
The United States External Hard Drive Market Report and Forecast 2025-2034 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
New England
Mideast
Great Lakes
Plains
Southeast
Southwest
Rocky Mountain
Far West
United States External Hard Drive Market Share
The market is divided into two segments: offline and online sales channels. Offline channels consist of physical retail stores and electronics shops, offering customers trustworthiness and a tangible shopping experience. On the other hand, online channels such as Amazon, Flipkart, and the brand's website provide a wide array of options with clearly delineated sections to fulfil all user needs.
Leading Companies in the United States External Hard Drive Market
Seagate Technology Holdings PLC
Western Digital Corporation
Toshiba Corporation
Sony Corp.
Transcend Information Inc.
Samsung Electronics Co. Ltd.
Kingston Technology Company Inc.
ADATA Technology Co. Ltd
ORICO Technologies Co. Ltd
Buffalo Americas Inc.
Others
Major market players are trying to provide high-speed data transfer with advanced data encryption algorithms to reduce any chance of a data breach, inducing more trust among companies to use these technologies, thereby contributing to market growth.
Table of Contents
140 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 North America External Hard Drive Market Overview
- 5.1 Key Industry Highlights
- 5.2 North America External Hard Drive Historical Market (2018-2024)
- 5.3 North America External Hard Drive Market Forecast (2025-2034)
- 6 United States External Hard Drive Market Overview
- 6.1 Key Industry Highlights
- 6.2 United States External Hard Drive Historical Market (2018-2024)
- 6.3 United States External Hard Drive Market Forecast (2025-2034)
- 7 United States External Hard Drive Market by Storage Capacity
- 7.1 Below 1 TB
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 1 TB To 4 TB
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Above 4 TB
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 8 United States External Hard Drive Market by Application
- 8.1 Enterprises
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Personal
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 United States External Hard Drive Market by Distribution Channel
- 9.1 Offline
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Online
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 United States External Hard Drive Market by Region
- 10.1 New England
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Mideast
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Great Lakes
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Plains
- 10.4.1 Historical Trend (2018-2024)
- 10.4.2 Forecast Trend (2025-2034)
- 10.5 Southeast
- 10.5.1 Historical Trend (2018-2024)
- 10.5.2 Forecast Trend (2025-2034)
- 10.6 Southwest
- 10.6.1 Historical Trend (2018-2024)
- 10.6.2 Forecast Trend (2025-2034)
- 10.7 Rocky Mountain
- 10.7.1 Historical Trend (2018-2024)
- 10.7.2 Forecast Trend (2025-2034)
- 10.8 Far West
- 10.8.1 Historical Trend (2018-2024)
- 10.8.2 Forecast Trend (2025-2034)
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators for Demand
- 11.4 Key Indicators for Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Seagate Technology Holdings PLC
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Western Digital Corporation
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Toshiba Corporation
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Sony Corp.
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 Transcend Information, Inc.
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Lenovo Group Limited
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 Samsung Electronics Co., Ltd.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 Kingston Technology Company, Inc.
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 ADATA Technology Co., Ltd.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 Buffalo Americas Inc.
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 ORICO Technologies Co., Ltd.
- 12.5.11.1 Company Overview
- 12.5.11.2 Product Portfolio
- 12.5.11.3 Demographic Reach and Achievements
- 12.5.11.4 Certifications
- 12.5.12 Others
Pricing
Currency Rates
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