The global External Portable SSD market size is predicted to grow from US$ 2708 million in 2025 to US$ 4048 million in 2031; it is expected to grow at a CAGR of 6.9% from 2025 to 2031.
An external portable Solid State Drive (SSD) is a compact and high-speed storage device that connects to a computer or other devices via USB or Thunderbolt interfaces. It offers fast data transfer speeds, durability, and portability, making it ideal for users who need to store, transfer, and access large amounts of data on the go.
Market Drivers for External Portable SSDs:
Fast Data Transfer Speeds: External portable SSDs provide rapid data transfer speeds, enabling users to quickly transfer files, access data, and run applications with minimal latency, enhancing productivity and efficiency.
Portability and Convenience: The compact and lightweight design of external portable SSDs makes them easy to carry around, allowing users to access their data anywhere, anytime, without being limited to a specific location.
High Storage Capacity: External portable SSDs come in various capacities, providing users with ample storage space for large files, multimedia content, software applications, and backups, catering to diverse storage needs.
Durability and Reliability: SSDs are more durable and shock-resistant than traditional Hard Disk Drives (HDDs) due to their lack of moving parts, ensuring data integrity and reliability, especially in mobile and rugged environments.
Compatibility: External portable SSDs are compatible with a wide range of devices, including PCs, Macs, gaming consoles, and smart devices, offering users a versatile storage solution that can be easily connected and used across different platforms.
Market Challenges for External Portable SSDs:
Cost: The cost of external portable SSDs may be higher compared to traditional HDDs with similar storage capacities, posing a challenge for budget-conscious consumers looking for cost-effective storage solutions.
Data Security: As external portable SSDs are easily portable, there is a risk of data exposure in case of loss or theft. Implementing data encryption and security measures is essential to protect sensitive information stored on the drive.
Limited Lifespan: While SSDs are durable, they have a finite number of read/write cycles, which may affect their lifespan, particularly with heavy usage. Proper maintenance and usage practices can help prolong the life of the SSD.
Compatibility Issues: Some devices may not have the necessary ports or drivers to support external portable SSDs, requiring users to invest in adapters or ensure compatibility before using the drive with older hardware.
Competition and Technological Advancements: The market for external portable storage is competitive, with rapid technological advancements leading to the introduction of newer, faster, and more affordable storage solutions. Manufacturers must stay innovative to meet consumer demands and remain competitive in the market.
LP Information, Inc. (LPI) ' newest research report, the “External Portable SSD Industry Forecast” looks at past sales and reviews total world External Portable SSD sales in 2024, providing a comprehensive analysis by region and market sector of projected External Portable SSD sales for 2025 through 2031. With External Portable SSD sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world External Portable SSD industry.
This Insight Report provides a comprehensive analysis of the global External Portable SSD landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on External Portable SSD portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global External Portable SSD market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for External Portable SSD and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global External Portable SSD.
This report presents a comprehensive overview, market shares, and growth opportunities of External Portable SSD market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
500GB
1TB
2TB
Others
Segmentation by Application:
Enterprise
Personal
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Western Digital
Kioxia (Toshiba)
Kingston
Samsung
Seagate Technology
ADATA
Lexar
Lenovo
Sony
Crucial
Key Questions Addressed in this Report
What is the 10-year outlook for the global External Portable SSD market?
What factors are driving External Portable SSD market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do External Portable SSD market opportunities vary by end market size?
How does External Portable SSD break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook