| Product Code: ETC5080131 | 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 |
Maldives` import shipments for data storage devices in 2024 saw a significant increase in concentration, with top exporting countries being China, USA, Taiwan, Hong Kong, and India. The Herfindahl-Hirschman Index (HHI) reflecting market concentration surged from moderate in 2023 to very high in 2024. Despite a strong compound annual growth rate (CAGR) of 11.33% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -20.47%. This shift in concentration and growth dynamics may indicate evolving market trends and competitive landscape in the data storage sector in Maldives.

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 Maldives Data storage devices Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Data storage devices Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Data storage devices Market - Industry Life Cycle |
3.4 Maldives Data storage devices Market - Porter's Five Forces |
3.5 Maldives Data storage devices Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Maldives Data storage devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Data storage devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for data storage solutions due to increasing digitization and data generation in various industries. |
4.2.2 Increasing adoption of cloud storage services and data analytics, leading to a higher need for storage devices. |
4.2.3 Rising investments in IT infrastructure and data centers in the Maldives to support the growing digital economy. |
4.3 Market Restraints |
4.3.1 Limited IT expertise and resources, leading to challenges in implementing and managing complex data storage solutions. |
4.3.2 High initial investment costs associated with advanced data storage devices and technologies. |
4.3.3 Concerns regarding data security and privacy, leading to hesitancy in adopting certain data storage solutions. |
5 Maldives Data storage devices Market Trends |
6 Maldives Data storage devices Market Segmentations |
6.1 Maldives Data storage devices Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Maldives Data storage devices Market Revenues & Volume, By Internally, 2021-2031F |
6.1.3 Maldives Data storage devices Market Revenues & Volume, By Externally, 2021-2031F |
6.2 Maldives Data storage devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Data storage devices Market Revenues & Volume, By Store, 2021-2031F |
6.2.3 Maldives Data storage devices Market Revenues & Volume, By Port, 2021-2031F |
6.2.4 Maldives Data storage devices Market Revenues & Volume, By Extract Data Files, 2021-2031F |
6.2.5 Maldives Data storage devices Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Data storage devices Market Import-Export Trade Statistics |
7.1 Maldives Data storage devices Market Export to Major Countries |
7.2 Maldives Data storage devices Market Imports from Major Countries |
8 Maldives Data storage devices Market Key Performance Indicators |
8.1 Average data storage capacity per organization in the Maldives. |
8.2 Percentage of organizations in the Maldives using cloud storage solutions. |
8.3 Data storage device utilization rate in the Maldives. |
8.4 Rate of data storage device upgrades and replacements in the Maldives. |
8.5 Average data storage-related downtime for organizations in the Maldives. |
9 Maldives Data storage devices Market - Opportunity Assessment |
9.1 Maldives Data storage devices Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Maldives Data storage devices Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Data storage devices Market - Competitive Landscape |
10.1 Maldives Data storage devices Market Revenue Share, By Companies, 2024 |
10.2 Maldives 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