Hard Disk Market Size, Share, Trends, Industry Growth, Demand, By Technology, By Type, By Application, Key Players Digital Corporation (US), Seagate Technology LLC (US), Toshiba Corporation (US) Forecast 2025
Market Overview:
The global hard disk market is expected to grow at a significant rate due to the increasing demand for data storage facilities in enterprises and the introduction of reliable high-end SSDs. Hard disk manufacturers are making significant investments in advanced technologies to provide businesses and individuals with the most efficient data storage facilities.
Currently, the hard disk market is concentrated with Western Digital Corporation, Seagate and Toshiba taking over 70% of the market share. The hard disk drive (HDD) market is very concentrated compared to solid state drives (SSD). The HDD segment occupies 80.5% market share in the total hard disk market.
Key Players:
The key players of the global hard disk market are Western Digital Corporation (US), Seagate
Technology LLC (US), Toshiba Corporation (US), Sony Corporation (Japan),
Transcend Information. Inc. (Japan), Samsung Electronics (South Korea), ADATA
Technology Co. Ltd. (Taiwan), Hewlett Packard Enterprise Company (HP) (US),
Apple Inc. (US), Quantum Corp. (US), SK Hynix Inc. (South Korea), Intel
Corporation (US), Mushkin Enhanced (US), and Micron Technology Inc. (US)
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https://www.marketresearchfuture.com/reports/hard-disk-market-8306
Market
Segmentation:
By Type
· Hard Disk Drive (HDD),
· Solid State Drives (SDD), and
· Hybrid Disk Drives (HHD)
By Application
· Notebook,
· Desktop, and
· Servers
Regional Analysis:
Geographically, the global hard disk market has been segmented into the US, China, Europe, Southeast Asia, India, Japan, Middle East and Africa, and Central and South America.
China held the largest market share in 2018 with a market value of USD 171.5 billion in 2018. The market is expected to record a 7.0% CAGR over the forecast period. This growth can be attributed to the availability of inexpensive raw materials, as well as the presence of many manufacturing companies and inexpensive labor.
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