From GlobeNewswire: 2024-09-14 13:00:00

The Global Hard Drive Degausser Market is projected to grow from USD 101.23 Million in 2023 to USD 148.75 Million by 2033, with a CAGR of 3.92%. Degaussing involves using a powerful magnetic pulse to wipe data from hard drives, eliminating any traces. This technique is NSA-approved for secure data deletion and cost-effective for reusing hard drives.

Capacitive discharge degaussers are expected to dominate the global market, offering high power and strong magnetic fields essential for data security. Data storage companies are anticipated to drive market growth with increased investment in degaussing technology due to concerns about data breaches. North America is predicted to hold the largest market share, while Asia Pacific is expected to grow rapidly.

Major vendors in the global market include Garner Products, Inc., VS Security Products Ltd., Proton Data Security, and others. The market is segmented based on type (permanent magnet degaussers, capacitive discharge degaussers, coil degaussers), application (financial companies, data storage companies, defense & government, hospitals), and region. Spherical Insights & Consulting offers market research and consulting services to help businesses achieve their objectives and strategic improvements.



Read more at GlobeNewswire: Global Hard Drive Degausser Market Size To Worth USD 148.75