Hard Disk Drive (HDD) Market Report: Trends, Forecast and Competitive Analysis to 2030

Hard Disk Drive (HDD) Trends and Forecast

The future of the global hard disk drive (HDD) market looks promising with opportunities in the mobile, consumer, desktop, enterprise, and near line applications. The global hard disk drive (HDD) market is expected to reach an estimated $58.7 billion by 2030 with a CAGR of 6.9% from 2024 to 2030. The major drivers for this market are growing use of smartphones and rising adoption of smart and connected technologies.

A more than 150-page report is developed to help in your business decisions.

Hard Disk Drive (HDD) by Segment

The study includes a forecast for the global hard disk drive (HDD) by type, storage capacity, application, and region.

Hard Disk Drive (HDD) Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Internal HDD
• External HDD

Hard Disk Drive (HDD) Market by Storage Capacity [Shipment Analysis by Value from 2018 to 2030]:

• Below 1TB
• 1TB and Above

Hard Disk Drive (HDD) Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Mobile
• Consumer
• Desktop
• Enterprise
• Near Line
• Others

Hard Disk Drive (HDD) Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hard Disk Drive (HDD) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hard disk drive (HDD) companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hard disk drive (HDD) companies profiled in this report include-

• Seagate Technology
• Western Digital
• Toshiba Memory
• Hewlett Packard Enterprise
• Sony

Hard Disk Drive (HDD) Market Insights

Lucintel forecasts that internal HDD is expected to witness the highest growth over the forecast period.

Within this market, mobile is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Hard Disk Drive (HDD) Market

Market Size Estimates: Hard disk drive (HDD) market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hard disk drive (HDD) market size by type, storage capacity, application, and region in terms of value ($B).

Regional Analysis: Hard disk drive (HDD) market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, storage capacities, applications, and regions for the hard disk drive (HDD) market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hard disk drive (HDD) market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the hard disk drive (HDD) market size?

Answer: The global hard disk drive (HDD) market is expected to reach an estimated $58.7 billion by 2030.

Q2. What is the growth forecast for hard disk drive (HDD) market?

Answer: The global hard disk drive (HDD) market is expected to grow with a CAGR of 6.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hard disk drive (HDD) market?

Answer: The major drivers for this market are growing use of smartphones and rising adoption of smart and connected technologies.

Q4. What are the major segments for hard disk drive (HDD) market?

Answer: The future of the hard disk drive (HDD) market looks promising with opportunities in the mobile, consumer, desktop, enterprise, and near line applications.

Q5. Who are the key hard disk drive (HDD) market companies?

Answer: Some of the key hard disk drive (HDD) companies are as follows:

• Seagate Technology
• Western Digital
• Toshiba Memory
• Hewlett Packard Enterprise
• Sony

Q6. Which hard disk drive (HDD) market segment will be the largest in future?

Answer: Lucintel forecasts that internal HDD is expected to witness the highest growth over the forecast period.

Q7. In hard disk drive (HDD) market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the hard disk drive (HDD) market by type (internal HDD and external HDD), storage capacity (below 1tb and 1tb and above), application (mobile, consumer, desktop, enterprise, near line, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?