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The external hard disk market size is forecast to increase by USD 3.34 billion at a CAGR of 5.93% between 2023 and 2028. The market is experiencing significant growth due to the multiple advantages it offers, including high storage capacity, portability, and ease of use. Another trend driving market growth is the increasing popularity of wireless external hard disks, which eliminates the need for cables and provides greater convenience. Additionally, the emergence of cloud storage services has not deterred the demand for external hard disks, as they continue to be preferred for their offline storage capabilities and faster data transfer rates. Despite these growth factors, challenges such as data security concerns and the ongoing competition from cloud storage providers persist. Nevertheless, the market is expected to continue its growth trajectory, driven by the ongoing demand for additional storage and the need for data backup solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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