Floppy Disk is a specific type of removable
magnetic storage medium, which is generally used to move the information
between laptops, computers, or other devices. It is basically used for early digital-cameras,
electronic music-instruments, and older type of computer-game consoles. Size of
floppy disk is frequently between 124mm and 360 mm in the outside-diameter,
although these sizes may vary from country to country. Most floppy disks are
double-sided that allow the user to
store any kind of information, but some models with the privileged memory have
been made with double-sided drives (DSDD) that allow up to 720KB or more per
side for all modern-formats except enhanced CDs.
Some of the key features of floppy disk
include user friendly, reasonable price and easy to use. Various innovations and
further developments in technical areas led to the market launch of more
functional, higher-quality and higher-dimensional diskettes, which will
stimulate the use of the product and support the growth of the market.
Referring to the study, Global
Floppy Disk Industry Research Report 2021 Segmented by Major Market Players,
Types, Applications and Countries Forecast to 2027. Some of the key companies operating
in the global floppy disk market include Kingston Technology Corporation,
Western Digital Technologies Inc, Intel Corporation, Sony Corporation, Samsung
Electronics, Seagate Technology, Lenovo, Toshiba Corporation and among others. Major
players continue to innovate and invest in research and development to maintain
an affordable product portfolio. Recent mergers & acquisitions among the leading
players is a key strategy the business entities control to strengthen their
reach to the customers.
Based on types, floppy disk market can
be segregated as 160kb, 320 kb and others. 320kb size of floppy disk has storage
capacity of up to 320 kb that can hold up to two megabytes (2 MB) of data. In
addition, based on application, market can be segmented as laptop and desktop.
The floppy disk market is primarily
driven by growth in adoption of desktop and laptop computers, followed by increase
in application of computers in various sectors and rise in customer awareness
regarding floppy disk features. Apart from this, growth in technological
advancements and increase in use of innovative mediums data storage may impact
the market.
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Based on regional analysis, the
North-America is a leading region in global floppy disk market owing to
increase in use of personal computers and notebook computer across the region.
The Europe and Asia-Pacific regions are estimated to witness higher growth rate
due to growth in population coupled with improving living standards of people
over the forecast period. Growing industry and technological advances have
resulted in an increased use of computers for both personal and business
purposes, which has resulted in a greater need for data storage at both
personal and business levels. All of these factors will drive demand for the
floppy disk market and support the market growth. It is projected that future
of the global floppy disk market will be bright on account of increase in use
of internet and computers in various firms during the forecast period.
For
More Information, refer to below link:-
Global
Floppy Disk Market
Growth
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