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EMEA External Hard Disk Drive Market Achieves 20% Growth in Q2 2011 - Strong growth has been experienced in the extyernal disk drive market in Q2 despite notable challenges arising as a result of the Japan earthquake according to a report from Futuresource Consulting - Futuresource-Consulting.com
EMEA External Hard Disk Drive Market Achieves 20% Growth in Q2 2011

 

NewswireToday - /newswire/ - Dunstable, Bedfordshire, United Kingdom, 2011/09/13 - Strong growth has been experienced in the extyernal disk drive market in Q2 despite notable challenges arising as a result of the Japan earthquake according to a report from Futuresource Consulting - Futuresource-Consulting.com.

   
 
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The external hard disk drive (HDD) market experienced strong growth in the EMEA region in Q2 this year, achieving shipments of close to six million units, compared with 4.9 million in Q2 2010, according to a new market tracking report from Futuresource Consulting.

"During the last quarter there has been a notable year-on-year increase in demand for external HDDs, despite the fallout from the Japanese earthquake, which did result in some supply chain challenges early in Q2," says Mats Larsson, Research Consultant at Futuresource. "These challenges were swiftly overcome and strong demand from emerging markets in Eastern Europe and the Middle East powered the sector to new growth."

Futuresource (futuresource-consulting.com) has been tracking quarterly shipments across the 17 key EMEA countries for two years, covering portable, desktop, multimedia and NAS drive form factors, with shipment and price tracking services that deliver 100% market coverage, including highly detailed outputs that track sales by country, by brand, by form factor and by quarter.

"We're seeing a number of distinct trend differences appearing across countries and product sectors," says Larsson,"with very strong growth in Russia, Turkey and Saudi Arabia, in contrast to recent declines in Sweden where the introduction of a new levy has impacted. Denmark has exhibited an even stronger decline as its levy has sharply increased cross border retail from Germany.

"Germany continues to dominate the EMEA market, generating more than 1.1 million shipments in Q2 2011, closely followed by France with the UK in third position. Portable drives - 2.5 inch - continue to outsell desktop drives in all territories, but gains in market share did not match the pace of demand, due to the stronger impact of shortages on this segment. Looking to consumer NAS, the market continues to grow, but at a slower rate than many predicted a year ago."

Moving forward, there are still many opportunities within this market sector and Futuresource forecasts show the external HDD market across EMEA 17 will reach 30 million units shipped by year end 2011.

 
 
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Written by / Agency / Source: Futuresource Consulting

 
 

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EMEA External Hard Disk Drive Market Achieves 20% Growth in Q2 2011

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Publisher Contact: Andy C. Watson - Futuresource-hq.com 
+44(0)15 8250 0169 andy.watson[.]futuresource-hq.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Futuresource Consulting securities in any jurisdiction including any other companies listed or named in this release.

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