Worldwide Hard Disk Drive 2Q21 Preliminary Shipment Results

Worldwide Hard Disk Drive 2Q21 Preliminary Shipment Results

This IDC Market Perspective provides a preliminary unit shipment range for worldwide hard disk drive (HDD) units by HDD class and estimated supplier market share for 2Q21."The emergence of Chia cryptocurrency farming and the resulting demand for HDDs were significant factors adding to an already tight market in 2Q21," according to Ed Burns, research director, Worldwide Hard Disk Drives at IDC. "And while this was a positive development for the HDD industry, it came at a time when demand from cloud service providers was also very strong along with an increasing OEM demand, which caused demand to exceed supply, depleted channel inventory of 3.5in. drives, and resulted in new multiquarter supply agreements."

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