Worldwide Hard Disk Drive Forecast, 2019-2023

Worldwide Hard Disk Drive Forecast, 2019-2023

  • May 2019 •
  • 23 pages •
  • Report ID: 4514042 •
  • Format: PDF
This IDC study presents an update to the Worldwide Hard Disk Drive Forecast Update, 2018-2022 (IDC #US44502318, December 2018). The worldwide HDD forecast update integrates IDC's current IT hardware and consumer electronics products forecasts through 2023 as well as updated HDD and 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 update 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, 2018-2022, IDC #US44220618, August 2018), HDD product transitions, and HDD price-per-gigabyte declines for each HDD product segment."SSD prices are declining more rapidly than previously forecast, impacting the demand outlook for HDDs negatively," according to John Rydning, research vice president, Hard Disk Drives, IDC. "In addition, enterprise HDD petabyte demand is growing more slowly for all years of the forecast than IDC had expected in the prior HDD forecast. These two factors combined will result in HDD industry revenue steadily declining from $24.4 billion in 2018 to $21.2 billion in 2023."
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