Asia Pacific Data Storage Converter Market Size & Outlook
Asia Pacific data storage converter market, 2018-2030 (US$M)
Asia Pacific data storage converter market highlights
- The Asia Pacific data storage converter market generated a revenue of USD 579.2 million in 2023.
- The market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, mobile devices was the largest revenue generating type in 2023.
- Mobile Devices is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 579.2 million |
| Market revenue in 2030 | USD 1,179.2 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Mobile devices |
| Fastest growing segment | Mobile Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mobile Devices |
| Key market players worldwide | ADATA Technology, Apacer Technology, ATTO Technology, Broadcom Inc, Infineon Technologies AG, Intel Corp, NXP Semiconductors NV, ON Semiconductor Corp, Phison Electronics |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.8% of the global data storage converter market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,179.2 million by 2030.
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Data Storage Converter Market Scope
Data Storage Converter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific data storage converter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data storage converter market will help companies and investors design strategic landscapes.
Mobile devices was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific data storage converter market based on mobile devices covering the revenue growth of each sub-segment from 2018 to 2030.
In Asia Pacific, the data storage converter market is growing rapidly, driven by the region's booming digital economy and significant investments in technology infrastructure.
The rise of emerging markets, coupled with increasing adoption of cloud services and e-commerce, is creating a substantial demand for data storage converters. Additionally, the expansion of data centers and smart cities is further fueling market growth in this region.
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Target buyers of Asia Pacific data storage converter market databook
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Our clientele includes a mix of data storage converter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific data storage converter market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific data storage converter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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