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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
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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."

Table of Contents
Product Code: US46255120

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

  • Enterprise HDD Market Segment
    • OEM Server
    • OEM Storage
    • ODM Direct/Non-OEM
  • Client HDD Market Segment
    • Portable PCs
    • Desktop PCs
    • Personal and Entry-Level Storage
  • Video Surveillance and Machine Vision
  • Consumer Electronics, Industrial, and Commercial HDD Market Segments

Market Context

  • Drivers and Inhibitors
    • Drivers
      • Price Elasticity of Demand for High-Capacity HDD Storage in Enterprise Datacenters
      • Expanding Use of Video Surveillance and Video Analytics and Longer Video Retention Times
    • Inhibitors
      • COVID-19 and Macroeconomics Impact
      • Declining SSD Pricing and Increasing SSD Supply Leading to Substitution of SSDs for HDDs in Systems
      • Data Compression and Storage Efficiency Improvements
  • Significant Market Developments
  • Changes from Prior Forecast

Market Definition


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