| Product Code: ETC5080108 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Guatemala continued to rely heavily on imports of data storage devices, with China, USA, Taiwan, Mexico, and Vietnam being the top exporting countries. Despite a negative Compound Annual Growth Rate (CAGR) of -0.51% from 2020 to 2024, the market saw a significant decline in growth rate from 2023 to 2024 at -16.13%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, highlighting the dominance of key players in the data storage device industry within Guatemala. This data suggests potential challenges and opportunities for market players in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Data storage devices Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Data storage devices Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Data storage devices Market - Industry Life Cycle |
3.4 Guatemala Data storage devices Market - Porter's Five Forces |
3.5 Guatemala Data storage devices Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Guatemala Data storage devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Data storage devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for data storage solutions due to the growing volume of digital data being generated in Guatemala. |
4.2.2 Adoption of cloud computing services leading to a higher need for data storage devices. |
4.2.3 Government initiatives promoting digital transformation and technological advancements in the country. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing data storage solutions. |
4.3.2 Data security concerns and the need for robust cybersecurity measures. |
4.3.3 Limited awareness about the benefits of advanced data storage technologies among small and medium enterprises in Guatemala. |
5 Guatemala Data storage devices Market Trends |
6 Guatemala Data storage devices Market Segmentations |
6.1 Guatemala Data storage devices Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Data storage devices Market Revenues & Volume, By Internally, 2021-2031F |
6.1.3 Guatemala Data storage devices Market Revenues & Volume, By Externally, 2021-2031F |
6.2 Guatemala Data storage devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Data storage devices Market Revenues & Volume, By Store, 2021-2031F |
6.2.3 Guatemala Data storage devices Market Revenues & Volume, By Port, 2021-2031F |
6.2.4 Guatemala Data storage devices Market Revenues & Volume, By Extract Data Files, 2021-2031F |
6.2.5 Guatemala Data storage devices Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Data storage devices Market Import-Export Trade Statistics |
7.1 Guatemala Data storage devices Market Export to Major Countries |
7.2 Guatemala Data storage devices Market Imports from Major Countries |
8 Guatemala Data storage devices Market Key Performance Indicators |
8.1 Average data storage capacity per capita in Guatemala. |
8.2 Adoption rate of cloud storage solutions among businesses in the country. |
8.3 Number of data breaches reported and resolved annually in Guatemala. |
8.4 Average annual growth rate of the data storage devices market in Guatemala. |
8.5 Percentage of businesses in Guatemala investing in data storage infrastructure upgrades. |
9 Guatemala Data storage devices Market - Opportunity Assessment |
9.1 Guatemala Data storage devices Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Guatemala Data storage devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Data storage devices Market - Competitive Landscape |
10.1 Guatemala Data storage devices Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Data storage devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here