The North America Data Storage Converter Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Storage Converter Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,006.9 million by 2031. The Canada market is experiencing a CAGR of 10.4% during (2024 - 2031). Additionally, The Mexico market would showcase a CAGR of 10.2% during (2024 - 2031).
One of the key drivers behind the growth of the data storage converter market is the increasing reliance on cloud computing and hybrid cloud environments. Where cloud adoption is becoming ubiquitous across industries, the demand for data storage converters is expected to rise significantly. In addition to cloud computing, the proliferation of IoT devices has profoundly impacted data generation and storage requirements.
Additionally, IoT devices, which include everything from smart home gadgets to industrial sensors, generate massive amounts of real-time data that must be stored, processed, and analyzed. As businesses deploy more IoT devices, efficient and scalable storage solutions are needed.
The rapid adoption of digital technologies across both public and commercial sectors is a key driver behind the significant growth of North America's data storage converter market. Government initiatives to improve digital infrastructure, enhance cybersecurity, and ensure regulatory compliance further shape the region’s data storage landscape, contributing to continued market expansion in the coming years.
Free Valuable Insights: The Data Storage Converter Market is Predict to reach USD 3.9 Billion by 2031, at a CAGR of 9.7%
Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Application, the market is segmented into Consumer Electronics, Data Centers, Enterprise Storage, Automotive Systems, and Other Application. Based on Type, the market is segmented into Mobile Devices, Embedded Systems, Single-Board Computers (SBCs), and System-on-Chip (SoC) Designs. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- VMware, Inc. (Broadcom Inc.)
- Intel Corporation
- NXP Semiconductors N.V.
- ON Semiconductor Corporation
- Phison Electronics Corporation
- Microchip Technology Incorporated
- STMicroelectronics N.V.
- Texas Instruments, Inc.
- Analog Devices, Inc.
- Apacer Technology Inc.
North America Data Storage Converter Market Report Segmentation
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Application
- Consumer Electronics
- Data Centers
- Enterprise Storage
- Automotive Systems
- Other Application
By Type
- Mobile Devices
- Embedded Systems
- Single-Board Computers (SBCs)
- System-on-Chip (SoC) Designs
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Data Storage Converter Market, by Enterprise Size
1.4.2 North America Data Storage Converter Market, by Application
1.4.3 North America Data Storage Converter Market, by Type
1.4.4 North America Data Storage Converter Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Porter Five Forces Analysis
Chapter 5. North America Data Storage Converter Market by Enterprise Size
5.1 North America Large Enterprises Market by Country
5.2 North America Small & Medium Enterprises Market by Country
Chapter 6. North America Data Storage Converter Market by Application
6.1 North America Consumer Electronics Market by Country
6.2 North America Data Centers Market by Country
6.3 North America Enterprise Storage Market by Country
6.4 North America Automotive Systems Market by Country
6.5 North America Other Application Market by Country
Chapter 7. North America Data Storage Converter Market by Type
7.1 North America Mobile Devices Market by Country
7.2 North America Embedded Systems Market by Country
7.3 North America Single-Board Computers (SBCs) Market by Country
7.4 North America System-on-Chip (SoC) Designs Market by Country
Chapter 8. North America Data Storage Converter Market by Country
8.1 US Data Storage Converter Market
8.1.1 US Data Storage Converter Market by Enterprise Size
8.1.2 US Data Storage Converter Market by Application
8.1.3 US Data Storage Converter Market by Type
8.2 Canada Data Storage Converter Market
8.2.1 Canada Data Storage Converter Market by Enterprise Size
8.2.2 Canada Data Storage Converter Market by Application
8.2.3 Canada Data Storage Converter Market by Type
8.3 Mexico Data Storage Converter Market
8.3.1 Mexico Data Storage Converter Market by Enterprise Size
8.3.2 Mexico Data Storage Converter Market by Application
8.3.3 Mexico Data Storage Converter Market by Type
8.4 Rest of North America Data Storage Converter Market
8.4.1 Rest of North America Data Storage Converter Market by Enterprise Size
8.4.2 Rest of North America Data Storage Converter Market by Application
8.4.3 Rest of North America Data Storage Converter Market by Type
Chapter 9. Company Profiles
9.1 VMware, Inc. (Broadcom Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.6 SWOT Analysis
9.2 Intel Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 NXP Semiconductors N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 ON Semiconductor Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Phison Electronics Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Research & Development Expenses
9.6 Microchip Technology Incorporated
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 STMicroelectronics N.V.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Texas Instruments, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Analog Devices, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 SWOT Analysis
9.10. Apacer Technology Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
TABLE 1 North America Data Storage Converter Market, 2020 - 2023, USD Million
TABLE 2 North America Data Storage Converter Market, 2024 - 2031, USD Million
TABLE 3 North America Data Storage Converter Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 4 North America Data Storage Converter Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 5 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Small & Medium Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Small & Medium Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Data Storage Converter Market by Application, 2020 - 2023, USD Million
TABLE 10 North America Data Storage Converter Market by Application, 2024 - 2031, USD Million
TABLE 11 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Data Centers Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Data Centers Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Enterprise Storage Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Enterprise Storage Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Automotive Systems Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Automotive Systems Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Data Storage Converter Market by Type, 2020 - 2023, USD Million
TABLE 22 North America Data Storage Converter Market by Type, 2024 - 2031, USD Million
TABLE 23 North America Mobile Devices Market by Country, 2020 - 2023, USD Million
TABLE 24 North America Mobile Devices Market by Country, 2024 - 2031, USD Million
TABLE 25 North America Embedded Systems Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Embedded Systems Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Single-Board Computers (SBCs) Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Single-Board Computers (SBCs) Market by Country, 2024 - 2031, USD Million
TABLE 29 North America System-on-Chip (SoC) Designs Market by Country, 2020 - 2023, USD Million
TABLE 30 North America System-on-Chip (SoC) Designs Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Data Storage Converter Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Data Storage Converter Market by Country, 2024 - 2031, USD Million
TABLE 33 US Data Storage Converter Market, 2020 - 2023, USD Million
TABLE 34 US Data Storage Converter Market, 2024 - 2031, USD Million
TABLE 35 US Data Storage Converter Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 36 US Data Storage Converter Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 37 US Data Storage Converter Market by Application, 2020 - 2023, USD Million
TABLE 38 US Data Storage Converter Market by Application, 2024 - 2031, USD Million
TABLE 39 US Data Storage Converter Market by Type, 2020 - 2023, USD Million
TABLE 40 US Data Storage Converter Market by Type, 2024 - 2031, USD Million
TABLE 41 Canada Data Storage Converter Market, 2020 - 2023, USD Million
TABLE 42 Canada Data Storage Converter Market, 2024 - 2031, USD Million
TABLE 43 Canada Data Storage Converter Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 44 Canada Data Storage Converter Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 45 Canada Data Storage Converter Market by Application, 2020 - 2023, USD Million
TABLE 46 Canada Data Storage Converter Market by Application, 2024 - 2031, USD Million
TABLE 47 Canada Data Storage Converter Market by Type, 2020 - 2023, USD Million
TABLE 48 Canada Data Storage Converter Market by Type, 2024 - 2031, USD Million
TABLE 49 Mexico Data Storage Converter Market, 2020 - 2023, USD Million
TABLE 50 Mexico Data Storage Converter Market, 2024 - 2031, USD Million
TABLE 51 Mexico Data Storage Converter Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 52 Mexico Data Storage Converter Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 53 Mexico Data Storage Converter Market by Application, 2020 - 2023, USD Million
TABLE 54 Mexico Data Storage Converter Market by Application, 2024 - 2031, USD Million
TABLE 55 Mexico Data Storage Converter Market by Type, 2020 - 2023, USD Million
TABLE 56 Mexico Data Storage Converter Market by Type, 2024 - 2031, USD Million
TABLE 57 Rest of North America Data Storage Converter Market, 2020 - 2023, USD Million
TABLE 58 Rest of North America Data Storage Converter Market, 2024 - 2031, USD Million
TABLE 59 Rest of North America Data Storage Converter Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 60 Rest of North America Data Storage Converter Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 61 Rest of North America Data Storage Converter Market by Application, 2020 - 2023, USD Million
TABLE 62 Rest of North America Data Storage Converter Market by Application, 2024 - 2031, USD Million
TABLE 63 Rest of North America Data Storage Converter Market by Type, 2020 - 2023, USD Million
TABLE 64 Rest of North America Data Storage Converter Market by Type, 2024 - 2031, USD Million
TABLE 65 Key Information – VMware, Inc.
TABLE 66 Key Information – Intel Corporation
TABLE 67 Key Information – NXP Semiconductors N.V.
TABLE 68 Key Information – ON Semiconductor Corporation
TABLE 69 key information – Phison Electronics Corporation
TABLE 70 Key Information – Microchip Technology Incorporated
TABLE 71 Key Information – STMicroelectronics N.V.
TABLE 72 Key Information – Texas Instruments, Inc.
TABLE 73 key information – Analog Devices, Inc.
TABLE 74 Key Information – Apacer Technology Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Data Storage Converter Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Storage Converter Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Data Storage Converter Market
FIG 6 North America Data Storage Converter Market share by Enterprise Size, 2023
FIG 7 North America Data Storage Converter Market share by Enterprise Size, 2031
FIG 8 North America Data Storage Converter Market by Enterprise Size, 2020 - 2031, USD Million
FIG 9 North America Data Storage Converter Market share by Application, 2023
FIG 10 North America Data Storage Converter Market share by Application, 2031
FIG 11 North America Data Storage Converter Market by Application, 2020 - 2031, USD Million
FIG 12 North America Data Storage Converter Market share by Type, 2023
FIG 13 North America Data Storage Converter Market share by Type, 2031
FIG 14 North America Data Storage Converter Market by Type, 2020 - 2031, USD Million
FIG 15 North America Data Storage Converter Market share by Country, 2023
FIG 16 North America Data Storage Converter Market share by Country, 2031
FIG 17 North America Data Storage Converter Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: VMware, Inc.
FIG 19 SWOT Analysis: Intel corporation
FIG 20 SWOT Analysis: NXP Semiconductors N.V.
FIG 21 SWOT Analysis: ON Semiconductor Corporation
FIG 22 Recent strategies and developments: Microchip Technology Incorporated
FIG 23 SWOT Analysis: Microchip Technology Incorporated
FIG 24 SWOT Analysis: STMicroelectronics N.V.
FIG 25 SWOT Analysis: Texas Instruments, Inc.
FIG 26 SWOT Analysis: Analog Devices, Inc.