Industry Background:
External disk were initially known as fixed disks, later they were known as hard disks to distinguish them from floppy disks. Hard disk is very similar to a floppy drive a magnetic recording media is fixed on the (spindle) motor, which is then spun at a high rate of speed. Magnetic read and write heads in close closeness to the media can step fast across the rotating media to sense or create flux transitions, as required. Hard Disk Storage Systems are central systems which are used to maximise disk storage operation and to offer large capacities and/or high performance. These systems are used in combination with server computers so that server have only small amount of internal hard disk.This growth is primarily driven by Growing Need of Additional Storage.
Globally, a noticeable market trend is evident Increase in Demand and Adaptation in Cloud Storage
. Major Players, such as IBM Corporation (United States), Dell Inc. (United States), Samsung Electronics (South Korea), Hitachi Data Systems Corporation (United States), Toshiba (Japan), HP Development Company (United States), NetApp (United States), Fujitsu (Japan), Seagate Technology LLC (United States) and Western Digital Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 13 July 2020, NetApp, the leader in cloud data services announced acquisition of Spot, a leader in compute management and cost optimization in the public clouds.
Market Drivers
- Growing Need of Additional Storage
Market Trend
- Increase in Demand and Adaptation in Cloud Storage
- Technology Development in External Disk System
Restraints
- Reduction in Demand of Personal Computers and Notebook
Opportunities
High Demand for Flexible Display Technology in Computer Devices
Challenges
Gradual Failure of a Hard Disk is Hard to Detect
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, External Disk System Study Sheds Light on
The External Disk System Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the External Disk System industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where External Disk System industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.