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Report

Europe External Hard Drive Market Report and Forecast 2025-2034

Market Report I 2025-05-28 I 124 Pages I EMR Inc.

The Europe external hard drive market was valued at USD 7.34 Billion in 2024. The industry is expected to grow at a CAGR of 3.30% during the forecast period of 2025-2034 to attain a valuation of USD 10.16 Billion by 2034.

Europe External Hard Drive Market Growth

Application in enterprises leads the Europe External Hard Drive Market growth since Businesses utilise external hard drives for various purposes.

External hard drives allow enterprises and businesses to store data, expand their storage capacities and maintain archives. In the case of memory backup and disaster recovery, external hard drives are essential in a business environment as part of strategies for safeguarding important information that can be compromised due to a system crash or other major problems. Enterprises typically require high-capacity, reliable and durable external hard drives which meet strict requirements relating to performance.

In January 2024, Sony announced a new PS5 model with a detachable disc drive and 1TB storage. This "Slim" version, slimmer and shorter than previous models, replaced both the PS5 and PS5 Digital Edition. It featured over 30% volume reduction and up to 24% weight reduction, depending on the model.

Another significant segment of the Europe External Hard Drive market is personal use. Personal files, photographs, videos, music collections, and multimedia content are what people store on hard drives. For individuals who need more space than what their computers or mobile phones can provide, these devices are useful. They also make it easier for individuals to travel around with large amounts of data while offering the flexibility to easily connect to different devices. Personal users often prioritize affordability, and ease of access to their stored files along with portability when selecting external hard drives.

Europe External Hard Drive Market Segmentation

Europe External Hard Drive Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Storage Capacity

- Below 1 TB
- 1 TB To 4 TB
- Above 4 TB

Market Breakup by Application

- Enterprises
- Personal

Market Breakup by Distribution Channel

- Offline
- Online

Market Breakup by Country

- Germany
- United Kingdom
- France
- Italy
- Others

Europe External Hard Drive Market Share

Growth in the External hard drive market is led by 1 TB to 4 TB external hard drives as individuals require more space to store data in a professional and personal capacity. As individuals produce more data daily in the form of pictures, videos, personal files, and multimedia content, 1 TB to 4 TB comes across as the ideal storage capacity in external hard drives for personal use.

Leading Companies in the Europe External Hard Drive Market

Market players in the External hard drive industry are expanding their scope through online and offline methods of distribution as a means of increasing their customer outreach. Individuals prefer offline methods of distribution as a more traditional method where the products can be physically examined before the purchase.

- Seagate Technology Holdings PLC

- Western Digital Corporation

- Toshiba Corporation

- Sony Corp.

- Transcend Information, Inc.

- Lenovo Group Limited

- Samsung Electronics Co., Ltd.

- Kingston Technology Company, Inc.

- ADATA Technology Co., Ltd.

- ORICO Technologies Co., Ltd.

- Others

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global External Hard Drive Market Overview
5.1 Key Industry Highlights
5.2 Global External Hard Drive Historical Market (2018-2024)
5.3 Global External Hard Drive Market Forecast (2025-2034)
5.4 Global External Hard Drive Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Europe External Hard Drive Market Overview
6.1 Key Industry Highlights
6.2 Europe External Hard Drive Historical Market (2018-2024)
6.3 Europe External Hard Drive Market Forecast (2025-2034)
7 Europe External Hard Drive Market by Storage Capacity
7.1 Below 1 TB
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 1 TB To 4 TB
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Above 4 TB
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
8 Europe External Hard Drive Market by Application
8.1 Enterprises
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Personal
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
9 Europe External Hard Drive Market by Distribution Channel
9.1 Offline
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Online
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Europe External Hard Drive Market by Country
10.1 Germany
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Kingdom
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 France
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Italy
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators of Demand
11.4 Key Indicators of Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Seagate Technology Holdings PLC
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Western Digital Corporation
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Toshiba Corporation
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 Sony Corp.
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Transcend Information, Inc.
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Lenovo Group Limited
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Samsung Electronics Co., Ltd.
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Kingston Technology Company, Inc.
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 ADATA Technology Co., Ltd.
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 ORICO Technologies Co., Ltd.
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Others

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