USB 3.0 Flash Drives Market : APAC to Retain Top Spot in Global USB 3.0 Flash Drives Market
Players such as HP, SanDisk, and Lexar are expected to continue dominating the U.S. USB 3.0 flash drives market. They also hold significant shares in Europe, along with Fischer Connectors and Toshiba Electronics. On the other hand, players such as Samsung, Kingston, Transcend, and SanDisk hold the leading shares within Asia Pacific.
Players such as HP, SanDisk, and Lexar are expected to continue dominating the U.S. USB 3.0 flash drives market. They also hold significant shares in Europe, along with Fischer Connectors and Toshiba Electronics. On the other hand, players such as Samsung, Kingston, Transcend, and SanDisk hold the leading shares within Asia Pacific.
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High Costs Cont<strong>in</strong>ue Stifl<strong>in</strong>g Demand for <strong>USB</strong> <strong>3.0</strong> <strong>Flash</strong> <strong>Drives</strong><br />
One of the key challenges faced by the global <strong>USB</strong> <strong>3.0</strong> flash drives market currently, is the high<br />
costs associated with manufactur<strong>in</strong>g these devices. Consumers are generally deterred by the costs of<br />
a majority of the <strong>USB</strong> <strong>3.0</strong> tech <strong>in</strong> the market currently, and manufacturers are struggl<strong>in</strong>g <strong>to</strong> ma<strong>in</strong>ta<strong>in</strong><br />
the l<strong>in</strong>e between profit and loss while try<strong>in</strong>g <strong>to</strong> reduce product cost. This issue is likely <strong>to</strong> be<br />
resolved over time as manufactur<strong>in</strong>g methods improve and allow players <strong>to</strong> cut down on cost of<br />
production.<br />
“Current opportunities <strong>in</strong> the U.S., Europe, and Asia Pacific <strong>USB</strong> <strong>3.0</strong> flash drives market lie <strong>in</strong> the<br />
developed regions from North America and Europe. Although Asia Pacific is the lead<strong>in</strong>g producer<br />
of <strong>USB</strong> <strong>3.0</strong> flash drives, the scope of use for them is much larger <strong>in</strong> Europe and North America. The<br />
lowered prices of <strong>USB</strong> <strong>3.0</strong> tech can, for <strong>in</strong>stance, allow students <strong>to</strong> s<strong>to</strong>re and share academic data <strong>in</strong><br />
a fast and reliable way, thereby <strong>in</strong>creas<strong>in</strong>g sales,” adds the analyst.<br />
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