Patterned Magnetic Media Market To Develop Strongly And Cross USD 4.8 billion | CAGR of 4.3%
The global patterned magnetic media market was valued at USD 4.8 billion in 2019 and is expected to grow at a CAGR of 4.3% from 2020 to 2027. Patterned magnetic media are used in hard disk drives (HDDs) for data storage. The ever increasing demand for HDDs in computers, servers, and consumer electronics is the key factor driving the growth of the patterned magnetic media market. The rising trend of cloud computing is also fueling the demand for HDDs, as these devices are used to store large amounts of data in data centers. In addition, the growing popularity of social…
- Date: November 1, 2022
- Author: Thomas Bretz
- Category: FinancialContent