The report offers detailed coverage of Encrypted Flash Drives industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Encrypted Flash Drives by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Encrypted flash drives (also known as pen drives, USB memory sticks, thumb drives, or flash keys) can be used in finance, government/military, enterprises and individual in meeting tough data security. There are two type of encrypted flash drives which cover hardware encryption and software encryption.
Kingston dominated the market, with accounted for 33.10% of the Encrypted Flash Drives production value market share in 2016, because of the acquisition of IronKey. SanDisk, LaCie are the key players and accounted for 12.90%, 9.95% respectively of the overall Encrypted Flash Drives market share in 2016. Global giant market mainly distributed in USA and Europe. It has unshakable status in this field.
USA is the largest consumption region of Encrypted Flash Drives, with a consumption market share nearly 56.41% in 2016. The second place is Europe; following USA with the consumption market share over 22.28% in 2016.
Encrypted Flash Drives used in industry including Government/Military, Finance, Enterprises and Individual. Report data showed that 51.14 % of the Encrypted Flash Drives market demand in finance, and the remained 48.86% is for the other applications in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product\'s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The report forecast global Encrypted Flash Drives market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Encrypted Flash Drives market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Kingston
SanDisk
LaCie
Kanguru Solutions
Transcend Information
Datalocker
Apricorn
Integral Memory
iStorage
Verbatim
Axiom Memory Solutions
At the same time, we classify Encrypted Flash Drives according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Software-Based Encrypted Flash Drives
Hardware-Based Encrypted Flash Drives
Market by Application
Government/Military
Finance
Enterprises
Individual
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Encrypted Flash Drives market for the forecast period 2021 - 2025?
• What are the driving forces in the Encrypted Flash Drives market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Encrypted Flash Drives industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?