Lot of Market Reports on Storage

There are a lot of market reports on storage as this industry is a huge one able to get subscribers.

They come from 360 Market Updates, 360 Research Reports, QYResearch Inc., QY Market Insights, Industry Research, Garner Insights, Absolute Reports, ProMarket Research, Trade Market Research, Crystal Market Reports, Precision Reports, HTF Market Intelligence, Market N Reports, Market Insight Report, Market researchpro, Inc., Marker Research Explore, Globalinforesearch.biz, TopKeyPlayers, Reports Intellect, Eminent Market, Invant Research, Researchvector, Tech You N Me, etc.

They sell their reports several thousands of dollars and they are generally of poor quality.

You cannot trust them, good ones being from other companies including DRAMeXchange, Gartner, IDC and Trendfocus,

But here we will insist of probably the poorest one from Market researchpro dated September 4, 2018 and authored by Prateek Kulhari: Floppy Disk Market to See Worldwide Growth by 2025: Leading Companies are Western Digital Technologies Inc, Kingston Technology Corporation, Seagate Technology. (111 pages, $4,900)

Abstract of summary of this report:
“It is an all-encompassing research on the market trends of floppy disk industry. The updates are key to the said market and will provide an assessment of majorly all the important data of the floppy disk market. If you are an existing player who wants to know the growth rate for the next five years or a new players who is looking to create a niche in the market, this report will be extremely useful to you. The in-depth information by various segments of floppy disk market enables managers to monitor future profitability and make vital decisions for sustainable growth. The categories of products are important to understand their sales volume as well as their overall profitability margin in the market.”

Major Players in Floppy Disk Market
According to this report, “the market is growing at a very rapid pace and has witnessed entrance of many local and regional vendors offering specific application products for multiple end-users. But this new entrants are faced with cut throat competition due to innovative technology, quality services and diligence of international vendors. The three pillars to understanding the status of the major manufacturers in the floppy disk market are – company profiling, the prices they charge, profitable gross margin. Here are the major players in this market:
• Western Digital
• Kingston
• Seagate
• Lenovo
• Sony
• Toshiba
• Intel
• Samsung Electronics.”

Definitely the author knows nothing on the floppy disk market. No companies cited are currently involved in floppy disk or drive devices. Western Digital, Kingston, Lenovo, Seagate and Intel never were involved in this market. Sony stopped this activity in 2011. No one PC or laptop now includes a floppy disk drive even if floppy disks remained a popular medium for nearly 40 years, but their use was beginning to decline by the mid-1990s to finally completely disappear.

“The market is growing at a very rapid pace,” added the report. It’s the opposite, the market went down at a very rapid space since several years and practically does not exist anymore – but for old computers – because the media is not reliable with poor capacity (1.44MB) replaced by CD-R and CD-RW and then USB keys.

Just a recommendation: don’t buy this report from Market researchpro, and, even if you can get a copy for free, don’t read it.