External Hard Disk Drive Market size was valued at USD 40.22 Billion in 2024 and is forecasted to grow at a CAGR of 5.06% from 2026 to 2033, reaching USD 58.66 Billion by 2033.
The South Korea External Hard Disk Drive (HDD) market is experiencing significant growth, driven by a rising demand across various industries. With an increasing reliance on data storage and backup solutions, businesses in South Korea are seeking reliable, high-performance external hard drives to meet their ever-growing needs for data security and accessibility. The market is expected to expand due to innovations in technology, such as larger storage capacities, faster data transfer speeds, and more durable designs.
Industries such as entertainment, healthcare, and IT are particularly driving the demand for external HDDs. In the entertainment sector, the explosion of digital content—such as films, music, and gaming—requires efficient data storage systems. External HDDs are essential for managing large media files, offering a portable solution for content creators and consumers alike. Additionally, the healthcare industry relies heavily on external HDDs for storing medical records, imaging data, and patient information. With data privacy and security regulations becoming stricter, external hard drives are an affordable yet effective method for safeguarding sensitive medical data.
In the IT sector, where vast amounts of data are created daily, businesses require scalable storage solutions to handle both primary and backup data needs. External HDDs provide a cost-effective solution for storing large databases and are increasingly utilized for both enterprise and personal use. The market has seen a shift towards portable external hard drives that offer more flexibility in storage, making them ideal for professionals who require on-the-go data management.
One of the key drivers of the South Korean external HDD market is the rapid technological advancements. Manufacturers are continuously developing external hard drives with faster read/write speeds, enhanced durability, and higher capacity. Innovations such as solid-state hybrid drives (SSHD) and ultra-fast USB interfaces have further pushed the demand for external HDDs, providing consumers and businesses with a wide range of options.
As digitalization continues to permeate industries in South Korea, the demand for external hard drives will only grow, shaping the future of data storage solutions. The external hard disk drive market is becoming more competitive, with various brands vying for market share, while consumers increasingly expect superior performance, security, and portability in their storage devices.
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LaCie
Toshiba
Transcend Information
Buffalo Americas
Western Digital
Seagate
ADATA Technology
Verbatim(CMC Magnetics)
Lenovo
Eaget
Silicon Power
Apricorn
Dell
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea External Hard Disk Drive Market
Hard Disk Drive (HDD)
Solid State Drive (SSD)
Up to 500GB
501GB to 1TB
1TB to 2TB
Above 2TB
USB 2.0
USB 3.0
USB 3.1/3.2
Thunderbolt
Consumer Electronics
Enterprise Data Storage
Gaming
Backup and Data Recovery
Individual Consumers
Small and Medium Enterprises (SMEs)
Large Enterprises
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea External Hard Disk Drive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea External Hard Disk Drive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea External Hard Disk Drive Market, By Type
6. South Korea External Hard Disk Drive Market, By Application
7. South Korea External Hard Disk Drive Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea External Hard Disk Drive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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