The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Hard Disk Market. The growth sectors of the Hard Disk Market are identified with precision for a better growth perspective.
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). In this report, Market Research Future (MRFR) includes market segmentation and market dynamics to offer a better glimpse of the market in the coming years.
Data generation continues to surge, globally which in turn is increasing the demand for electronic data storage. This trend is therefore expected to increase the demand for hard disks. The increasing proliferation of digital commerce and internet-ready devices like smartphones, various consumer electronics, home appliances, and alarm monitoring systems, among others, have generated huge data over the cloud. Also, MRFR believes that the need for data storage will continue to increase in coming years as well largely from enterprises/corporate, enterprise data center as well as cloud service providers. According to World Economic Forum, at present each day around 500 million tweets and 294 billion emails are sent; 4 petabytes of data are created on Facebook; 4 terabytes of data are created from each connected car, and 65 billion messages are sent on WhatsApp. By 2025, it is estimated that 463 exabytes of data will be created each day globally. With such significant year on year growth in data worldwide, the need for data storage space will increase which will, therefore, increase the overall demand for such storage devices. In this regard, increased need for the storage leads to the growth of global hard disk market during the forecast period.
Segmental Analysis
The global hard disk market has been segmented 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). The HDD segment accounted for the largest market share in 2018, with a market value of USD 44.93 billion; it is expected to register the CAGR of 2.3% during the forecast period. As the hard drives are used for storing large volumes of data, with typical storage capacities ranging from 1 terabyte to 6 terabytes on a single drive.The SSD segment was the second-largest market in 2018, valued at USD 9.31 billion; it is projected to exhibit a CAGR of 17.0%. Solid-state drives are generally more resistant to physical shock and damage due to lack of moving parts. They also have silent operations, quicker input/output operations per second (IOPS) than HDDs and much lower latency. These are some of the factors responsible for the growth of the SSD market during the forecast period.
Based on application, the hard disk market has been categorized into notebook, desktop, and server. The notebook segment accounted for the largest market share in 2018, with a market value of USD 22.18 billion; it is expected to register the CAGR of 6.1% during the forecast period. Notebooks today opt for a combination of a hard disk drive and solid-state drives. This is one of the factors that drive the growth of the market. The server segment was valued at USD 16.34 billion; it is projected to exhibit the highest CAGR of 9.3%. With the growth of streaming services and cloud technologies are some of the factors responsible for the growth of the market during the forecast period.
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Global 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 2026Hard Disk MarketOverviewThe 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).
In this report, Market Research Future (MRFR) includes market segmentation and market dynamics to offer a better glimpse of the market in the coming years.Data generation continues to surge, globally which in turn is increasing the demand for electronic data storage.
This trend is therefore expected to increase the demand for hard disks.
For free sample report: https://www.marketresearchfuture.com/sample_request/8306Hard Disk MarketAlso, MRFR believes that the need for data storage will continue to increase in coming years as well largely from enterprises/corporate, enterprise data center as well as cloud service providers.
According to World Economic Forum, at present each day around 500 million tweets and 294 billion emails are sent; 4 petabytes of data are created on Facebook; 4 terabytes of data are created from each connected car, and 65 billion messages are sent on WhatsApp.
With such significant year on year growth in data worldwide, the need for data storage space will increase which will, therefore, increase the overall demand for such storage devices.
Hard Disk Market SizeThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Hard Disk Market Size.
The growth sectors of the Hard Disk Market Size are identified with precision for a better growth perspective.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 increasingly being used in laptops, notebooks, and smartphones.
The company has planned to expand SSD manufacturing in Penang, Malaysia.
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.Competitive AnalysisThe 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).Segmental AnalysisThe 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 AnalysisGeographic 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.
According to 6Wresearch, India External Hard Disk market shipments have crossed 1.6 million units for the year ending June 2014.
Seagate led the market followed by Western Digital (WD).
Top five players include Seagate, WD, Sony, Toshiba, Transcend and Adata.
The market is consistently witnessing a shift in demand towards larger storage devices as compare to the traditionally Gigabyte External HDD.
Key features of the report: 1.Total External Hard Disk shipment in IndiaMarket share by various players in various segments and specificationsShipments by market playersModel wise shipments by each companyPrice of each modelSpecifications covering 6.1 Company 6.2 Data Transfer Rate (Maximum) 6.3 Drive Capacity 6.4 Drive Connectivity Type 6.5 Model No.
6.6 Usb 2.0 6.7 Usb 3.0 About Us-6Wresearch is the premier, one stop market intelligence and advisory centre, known for its best in class business research and consulting activity.
Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally.
Maintain a competitive edge by sizing up with available business opportunity in Global Mechanical Hard Disk Market various segments and emerging territory.Mechanical Hard Disk Market Overview A hard disk, hard disk drive, hard drive, or fixed disk is an electro-mechanical data storage device, which uses magnetic storage to store and retrieve digital information using one or more rigid fast rotating disks coated with magnetic material.
It is a type of non-volatile storage, retaining stored data even when powered off.Free Sample Report + All Related Graphs & Charts @ : https://www.advancemarketanalytics.com/sample-report/12585-global-mechanical-hard-disk-sales-market Latest released the research study on Global Mechanical Hard Disk Market, offers a detailed overview of the factors influencing the global business scope.
The study covers emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Logitech (Switzerland),Toshiba (Japan),Western Digital (United States) ,Seiko Epson (Japan),Lexmark International, Inc. (United States) ,Microsoft Corporation (United States),Apple (United States),Dell (United States),IBM (United States),Seagate Technology LLC (United States) ,.
Market Drivers The Increased Popularity of Mechanical Hard Disk Owing to Low PricesThe Growing Demand for PC’s and Laptops Restraints Slowly Being Replaced By SSD Storage Devices Challenges Mechanical Components That Are Vulnerable To Shock, Or High Power Consumption The Global Mechanical Hard Disk Market segments and Market Data Break Down are illuminated below: by Type (2 TB), Application (Commercial Segment, Home Use), Sales Channel (OEM, Aftermarket) Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/12585-global-mechanical-hard-disk-sales-market Strategic Points Covered in Table of Content of Global Mechanical Hard Disk Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Mechanical Hard Disk marketChapter 2: Exclusive Summary – the basic information of the Mechanical Hard Disk Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Mechanical Hard DiskChapter 4: Presenting the Mechanical Hard Disk Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Chapter 6: Evaluating the leading manufacturers of the Mechanical Hard Disk market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company ProfileChapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Mechanical Hard Disk Market is a valuable source of guidance for individuals and companies in their decision framework.
