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Global USB Flashdrives Market to Experience Significant Growth by 2030

According to a recent analysis by Emergen Research, the global USB flash drive market size was valued at USD 7.96 Billion in 2020 and is forecast to reach USD 14.20 Billion at a CAGR of 7.4% through 2028. The market growth is driven by rise in work-from-home culture and surging demand for electronic storage devices with flash memory. USB flash drives are in high demand owing to the advantages associated with the product, including compact size, light-weight.

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Global USB Flashdrives Market to Experience Significant Growth by 2030

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  1. USB Flash Drive Market Size Worth USD 14.20 Billion in 2028 www.emergenresearch.com Surging demand for reliable data back-up storage options that retain information without relying on power sources or batteries is a key factor driving USB flash drives market growth

  2. Industries We Cater to Food & Beverages Foods & Beverage, Food Ingredients, Food Processing and Equipment, Food Testing and Supply Chain, Health Food and Sports Nutrition, Frozen and Processed Food, Household, Retail Power & Energy Oil and Gas, Electricity, Energy Storage, Environmental, Renewable Energy Automotive Services Information and Tech Electric and Hybrid Vehicles, Off Highway and On Highway Vehicles, Aftermarket and Maintenance, Automotive Parts, Interior and Exterior Materials, Automotive electronics and Systems Data Security, Cloud Computing, IoT and Digitalization, Robotics, Telecom and Networking, Software and Services, Analytics, Semiconductor, Internet and E-Commerce www.emergenresearch.com Pharma & Healthcare Materials and Chemicals Medical Devices, Therapeutics, Biotechnology, Medical Imaging, Healthcare IT, Hospital Management, Diagnostics, Laboratory Equipment, Pharmaceutical Organic Chemicals, Disinfectants and Preservatives, Adhesives and Sealants, Polymers and Resins, Petrochemicals, Agrochemicals and Fertilizers, Paints and Coatings 5

  3. Market Summary According to a recent analysis by Emergen Research, the global USB flash drive market size was valued at USD 7.96 Billion in 2020 and is forecast to reach USD 14.20 Billion at a CAGR of 7.4% through 2028. The market growth is driven by rise in work-from-home culture and surging demand for electronic storage devices with flash memory. USB flash drives are in high demand owing to the advantages associated with the product, including compact size, light-weight, high-speed data transfer & storage capabilities, no reliance on power source or battery for functioning, simplicity of the technology, and ease of use. The product is also less prone to damage or corruption as compared to other storage devices like CDs and floppy disks. The introduction of USB 3.0 flash drives that offer a data transfer rate of 4.8 GB per second will further boost product proliferation in the coming years. High demand for compact and easy-to-use storage devices with optimum storage capacity will influence USB flash drives industry expansion during the forecast period. Read More : https://www.emergenresearch.com/industry-report/usb-flashdrives-market www.emergenresearch.com

  4. Market Summary Key Findings In the Report:          Based on application, the commercial segment is projected to gain major traction during the analysis period. This can be attributed to high performance and reliability of USB flash drives for data storage applications in transportation, casino gaming, networking & communications, aerospace & military, industrials, healthcare sector, and others. Based on distribution channel, the online segment account for largest market share in the base year and is forecast to register significant growth through 2028. This can be attributed to the availability of wide-range of USB flash drives on online platforms. Buying products online saves times as well as money due to competitive discounts. Rising trend of online shopping among consumers due to wide range of product options, multiple payment options, and discounts will drive the sales of USB flash drives through online distribution channels. Asia Pacific is expected to contribute make major revenue contributions to the global USB flash drive market and register significant growth rate during the forecast period. This can be attributed to factor like steady economic growth, increasing consumer spending on electronic products, and high consumption of computing and data storage devices in the region. In addition, rapid proliferation of smartphones and cameras requiring high-speed storage option will further bolster the demand for USB flash drives in the coming years. Request Free Sample @ https://www.emergenresearch.com/request-sample/741 www.emergenresearch.com

  5. Market Summary • Emergen Research has segmented the global USB flash drive market on the basis of product type, application, distribution channel and region: • Product Type Outlook (Revenue, USD Billion; 2018-2028) • 8GB • 16GB • 32GB • 64GB • 128GB • Others • Application Outlook (Revenue, USD Billion; 2018-2028) • Personal • Commercial • Distribution Channel Outlook (Revenue, USD Billion; 2018-2028) • Online • Offline • Request customization @ https://www.emergenresearch.com/request-for-customization/741

  6. MARKETSEGMENTATION www.emergenresearch.com

  7. LATEST PUBLICATIONS Oligonucleotide Synthesis Market Vaccine Market Virtual Diagnostics Market Water-soluble Drugs Market Asthma Spacers Market Medical Supplies Market Laparoscopy and Endoscopy Devices Market Mobile C-Arms Market Surgical Instrument Tracking Systems Market Bionics Market Interventional Oncology Devices Market Wound Care Market GERD Drugs and Devices Market Healthcare Supply Chain Management Market Human Microbiome Therapeutics Market Mice Model Market Oncology Informatics Market Anti-Aging Devices Market Metastatic Cancer Treatment Market Population Health Management Solutions Market www.emergenresearch.com

  8. At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade. Our expertise umbrellas the technological environment of all major industries, and our services help you map your actions to ensure optimal yield. Our analysts utilize their market proficiency to offer actionable insights that help our clients implement profitable strategies and optimize their return on investment. Our services are wide-ranging, right from technological environment analysis to technological profiling that highlights the existing opportunities in the market you can capitalize on to stay ahead of your competitors. About Us www.emergenresearch.com

  9. Lets Talk; Contact Information Reach out to us and our Research Executives will ensure you get the report that meets all your requirements and address all your concerns. 14671 110 Avenue, Surrey, British Columbia, V3R2A9 www.emergenresearch.com www.emergenresearch.com sales@emergenresearch.com +1 (604) 757-9756

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