Computer Storage Device Market Overview in the USA

The revenue of the computer storage device market in the U.S. amounted to $ in 2018, reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, computer storage device consumption continues to indicate a deep reduction. The growth pace was the most rapid in 2017 when the market value increased by % y-o-y. Computer storage device consumption peaked at $ in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

In value terms, computer storage device production totaled $ in 2018. Overall, computer storage device production continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when production volume decreased by -% y-o-y. Over the period under review, computer storage device production attained its peak figure level at $ in 2013; however, from 2014 to 2018, production remained at a lower figure.

Computer storage device consumption in the U.S. stood at units in 2018, falling by -% against the previous year. Over the period under review, computer storage device consumption continues to indicate a drastic descent. The pace of growth was the most pronounced in 2015 when consumption volume decreased by -% against the previous year. Computer storage device consumption peaked at units in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

The revenue of the computer storage device market in the U.S. amounted to $ in 2018, dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, computer storage device consumption continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when the market value increased by % year-to-year. Computer storage device consumption peaked at $ in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Driven by rising demand for computer storage device in the U.S., the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of % for the period from 2018 to , which is projected to bring the market volume to units by the end of .

In 2018, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.

The U.S. remains a net importer of computer storage device; in physical and value terms, imports consistently exceeded exports from 2013 to 2018. In 2018, there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.