Ethernet Hard Drive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Ethernet Hard Drive Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • ICT

Report Description

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An Ethernet hard drive is a type of external hard drive that has direct Ethernet interface to simplify the access of data centers, cloud operations and storage networks. An Ethernet-connected hard drive acts as a server which optimizes the use of the power and significantly reduces the total cost of ownership (TCO). Ethernet connection has characteristics such as high speed and reliability thus making it suitable for any type of use case. Usually, Ethernet is used as a network cable. Ethernet hard drives can be plugged directly into a computer, just like any other type of connecting device or a hard drive. These drives are physically separated form a computer, but are still on the same physical network (usually in the same building). A network attached storage (NAS) device is another common use of Ethernet hard drives. These devices can be used to monitor the operations of a network as well as to store the files that can be accessed by several number of systems connected in the same network. Ethernet hard drives are also called as object drives and has IP interface that enables them to communicate directly with the end use applications. Ethernet hard drives help the businesses to store and retrieve data at a high speed and with cost efficiency. With Ethernet and power connection, Ethernet hard drives can communicate with any other Ethernet connected device in the world and are smart enough to track their own data. Ethernet hard drives also feature inherent redundancy which means that failure in one drive will not result in system downtime.

The demand for high performance and high availability applications and the emergence of advanced technologies are further expected to favor the growth of Ethernet hard drives market over the forecast period.

Global Ethernet hard drives Market has been segmented on the basis of its storage capacity, enterprise size and region. On the basis of storage type the Ethernet hard drives market has been segmented as less than 500 GB, 500 - 1 TB and more than 1 TB. Hard drives with storage capacity more than 1 TB are expected to grow significantly, due to rising amount of data generated by the enterprises. On the basis of enterprise size, the market is segmented as large, small and medium enterprises. Large enterprises are projected to have a major share in the global Ethernet hard drives market, as they have to deal with large amount of data, whereas rising awareness of these drives among mid and small sized enterprises are further supporting the growth of SME’s in the market.

In terms of region, the global Ethernet hard drives market is segmented into North America, South America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). Currently, North America is estimated to dominate the global Ethernet hard drives market in terms of its share of revenue contribution followed by Europe. Growth in next generation portable devices market is the reason behind increase in shipment and sales of Ethernet hard drives market. This is anticipated to be a major factor propelling the Ethernet hard drives market in the region. However, among all the regions, Asia Pacific is estimated to create significant market opportunities for the key players operating in the market due to significantly rising industrialization in this region, during the forecast period.

The global Ethernet hard drives vendors in the market are increasingly focusing on the development and introduction these drives at affordable prices so as to maintain their position in this price competitive market. Western Digital Corporation, Seagate Technology LLC, ManualsLib, etc. are some of the major players in the global Ethernet hard drives market.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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