Europe Data Storage Converter Market Size & Outlook
Europe data storage converter market, 2018-2030 (US$M)
Europe data storage converter market highlights
- The Europe data storage converter market generated a revenue of USD 430.0 million in 2023.
- The market is expected to grow at a CAGR of 9.2% 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.
Europe data book summary
| Market revenue in 2023 | USD 430.0 million |
| Market revenue in 2030 | USD 793.6 million |
| Growth rate | 9.2% (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, Europe region accounted for 22.1% 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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Europe 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 Europe data storage converter market based on mobile devices covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is witnessing a rise in the data storage converter market due to increasing digital transformation across various industries and stringent data protection regulations.
The adoption of hybrid cloud solutions and the need for compliant data management drive demand for data storage converters that facilitate seamless integration and secure data transfer. Additionally, the growth of the IoT ecosystem and smart manufacturing contributes to the expanding market.
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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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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 Europe data storage converter market , including forecasts for subscribers. This continent databook contains high-level insights into Europe data storage converter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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