UAE External Hard Drive Market Forecast Report, 2024-2029: Smart City Vision and Growing Tech Sector Fuel Dubai's Expanding Market for High-Performance External Hard Drives [Yahoo! Finance...
Western Digital Corporation (WDC)
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Source: Yahoo! Finance
The UAE External Hard Drive Market was valued at USD 63 million in 2023 and is expected to reach USD 129 million by 2029 with a CAGR of 12.63% during the forecast period. The demand for external hard drives is driven by increasing data storage needs across consumer and professional segments, particularly as digital content creation, gaming, and multimedia consumption continue to grow. Additionally, the rise in remote work and the need for secure and portable data storage solutions contribute to market expansion. The market is characterized by competition among leading technology companies, who focus on innovations in capacity, speed, security features, and compact designs to differentiate their products. The adoption of cloud storage solutions presents both a challenge and an opportunity, influencing market dynamics as users balance between cloud and physical storage options. Dubai held the largest market share in 2023. Dubai's position as a global business and financial center d
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WDC
Earnings
- 10/24/24 - Beat
WDC
Sec Filings
- 11/18/24 - Form 4
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- WDC's page on the SEC website