Computer Storage Device Market Overview in the USA

The revenue of the computer storage device market in the U.S. amounted to $ in 2018, falling 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). Overall, computer storage device consumption continues to indicate a deep slump. The growth pace was the most rapid in 2017 with an increase of % year-to-year. 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 stood at $ in 2018. Overall, computer storage device production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when production volume decreased by -% y-o-y. Computer storage device production peaked at $ in 2013; however, from 2014 to 2018, production failed to regain its momentum.

In 2018, approx. units of computer storage devices were consumed in the U.S.; reducing by -% against the previous year. In general, computer storage device consumption continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2015 when consumption volume decreased by -% against the previous year. Over the period under review, the computer storage device consumption attained its maximum volume 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, falling 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 an abrupt decrease. The growth pace was the most rapid in 2017 with an increase of % against the previous year. Over the period under review, the computer storage device market attained its peak figure level at $ in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Depressed by shrinking demand for computer storage device in the U.S., the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2018 to , which is projected to depress 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.