Market Research Report
Worldwide Hard Disk Drive Forecast, 2020-2024
|Published by||IDC||Product code||342857|
|Published||Content info||25 Pages
Delivery time: 1-2 business days
|Worldwide Hard Disk Drive Forecast, 2020-2024|
|Published: May 15, 2020||Content info: 25 Pages||
This IDC study presents an update to the Worldwide Hard Disk Drive Forecast Update, 2019-2023 (IDC #US45667319, December 2019). The worldwide HDD forecast integrates IDC's current IT hardware and consumer electronics products forecasts through 2024 as well as updated HDD and solid state drive (SSD) technology transition assumptions. This forecast also reflects updated HDD and SSD attach rate assumptions in systems, particularly where the mass storage device is fungible in the system or device.Underpinning the worldwide HDD forecast are IDC's assumptions regarding HDD technology transitions that will affect the pace of HDD areal density growth (see Worldwide Hard Disk Drive Component Forecast, 2019-2023, IDC #US45586419, October 2019), HDD product transitions, and HDD price-per-gigabyte declines for each HDD product segment."The COVID-19 pandemic continues to have widespread impact on IT spending and the global economy," according to Ed Burns, research director, Hard Disk Drive and Storage Technologies at IDC. "While such a rapid deceleration of the global economy is clearly a significant negative for GDP and many areas of IT spending, HDDs remain a critical component for the IT industry that continues to experience strong enterprise demand during the crisis."