Hard Disk Market 2026 – Latest Update, Trends & International News In One Place – Check Out Now ($93.88 Billion Market)

Hard Disk Market 2026 - Latest Update, Trends & International News In One Place - Check Out Now ($93.88 Billion Market)

“Growth Chart Global Hard Disk Market By 2026”
The Global Hard Disk Market is expected to reach 93.88 Billion by 2026, growing at a CAGR of 6.5% during the forecast period (2018—2026). This article provides new insights related to hard disk Industry including future forecast by experts, Trends, Latest update, News, Segmentation, Key players, Regional growth and worth of the industry all researched by industrial experts. Check full details below.

Hard Disk Market Research Report— by Type {Hard Disk Drive (HDD), Solid State Drives (SDD) and Hybrid Disk Drives (HHD)}, Application (Notebook, Desktop, and Server) and by Region {US, Europe (Russia, Germany, the UK, France, Italy, Spain and Poland), China, Japan, India, South-East Asia (Malaysia, Singapore, the Philippines, Indonesia, Myanmar, Thailand and Vietnam), Central and South America (Brazil, Mexico and Colombia) and Middle East and Africa (Saudi Arabia, UAE, Turkey, Egypt, South Africa and Nigeria)} – Forecast till 2026

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Overview

The global hard disk market is estimated to reach USD 93.88 billion by 2026 with a CAGR 6.5% during the forecast period (2018—2026)

Demand for solid-state drives is gaining momentum around the globe. SSDs are much more capable than traditional HDDs. SDDs are faster and have far superior storage capacity. They use flash memory to store data, which in turn provides better performance and reliability in end-use applications. The adoption of SSD has further gained pace due to the introduction of affordable SSDs by key vendors. SSDs are increasingly being used in laptops, notebooks, and smartphones. Also, with the growth in the shipment of smartphones and laptops, the demand for SSDs is further increasing. Due to the growing demand for SSDs, the manufacturers are focusing on their production, in order to effectively meet the demand. For instance, in 2018, Western Digital announced its long-term plan to increase the production of SSDs. The company has planned to expand SSD manufacturing in Penang, Malaysia. Similarly, in 2018, Samsung announced the mass production of the industry’s first 4-bit (QLC, quad-level cell) 4-terabyte (TB) SATA solid-state drive (SSD) for consumers. Due to a considerable shift to SSDs among individual consumers and cloud service providers, manufacturers are increasing the production of SSDs, which in turn is increasing the overall hard disk market.

Segmental Analysis

The hard disk segment has been categorized on the basis of type, application, and region.

Based on type, the hard disk market has been segmented into Hard Disk Drive (HDD), Solid State Drives (SDD), and Hybrid Disk Drives (HHD).

Based on application, the hard disk market has been categorized into notebook, desktop, and server.

Based on region, the market has been categorized into the US, China, Europe, Southeast Asia, India, Japan, the Middle East & Africa, and Central and South America.

Regional Analysis

Geographic analysis of the hard disk market has been done for the US, China, Europe, SoutheastAsia, India, Japan, the Middle East & Africa, and Central and South America.

China accounted for the largest market share in 2018. The rapid adoption of cloud computing, a growing number of data centers, and the generation of significant volumes of data are the reasons boosting the growth of the hard disk market in the region. The manufacturing plants of various leading players such as Seagate Technology LLC and Hitachi Global Storage Technologies are present in China. Along with this, a number of regional players such as Shenzhen Xinkerui Electronic Technology Co., Ltd, Shenzhen KingSpec Electronics Technology Co., Ltd, Shenzhen Kingdisk Century Technology Co., Ltd, Shenzhen Flashine Science and Technology Co., Ltd, Shenzhen Junhaowei Technology Co., Ltd, Shenzhen Topadkiosk Technology Co., Ltd, Shenzhen Xinkerui Electronic Technology Co., Ltd, and Shenzhen Joinwin Technology Ltd are present in the country.

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Competitive Analysis

The prominent players profiled in the hard disk market include 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), Western Digital Corporation (US), Seagate Technology LLC (US), Toshiba Corporation (US), Sony Corporation (Japan), Transcend Information. Inc. (Japan), Samsung Electronics (South Korea), and ADATA Technology Co. Ltd. (Taiwan).

 

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