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The global volume in the 'Storage Units' segment of the consumer electronics market was forecast to continuously increase between 2024 and 2029 by in total 66.2 million pieces (+2.55 percent). According to this forecast, in 2029, the indicator will have increased for the fifth consecutive year to 2.7 billion pieces.

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Volume of the storage units market worldwide from 2019 to 2029 (in millions)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Storage units are devices used to store and access digital data. They can be internal, such as hard disk drives (HDD) or solid-state drives (SSD) that are installed inside a computer, or external, such as USB flash drives, external HDDs, or network-attached storage (NAS) devices. Storage units have different capacities and read/write speeds and can be used for storing different types of data, including documents, photos, videos, music, and software applications. They are an essential component of a computer system, and can be used for backing up important data, expanding the storage capacity of a computer, or sharing data between devices. Storage units are widely used in homes, businesses, and data centers to store, protect, and manage digital data.

Additional Information:

The market comprises revenue, average revenue per capita, volume, average volume per capita and price. Figures are generated through both online and offline sales channels and include spending by consumers (B2C). Key players in the market are companies like Sony, Panasonic, Samsung, LG, and Philips. These companies are leaders in their respective segments and are known for their innovative products, brand reputation, and extensive distribution networks. For more information on the data displayed, use the info button right next to the boxes.

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