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Worldwide Hard Disk Drive Component Forecast, 2024–2028

Publisher IDC
Published Jun 28, 2024
Length 11 Pages
SKU # IDC18931034

Description

Worldwide Hard Disk Drive Component Forecast, 2024–2028


This IDC study analyzes the hard disk drive component market for 2024–2028."The HDD industry is coming out of an extended digestion phase with the hyperscale cloud service providers having worked through their excess inventories," according to Ed Burns, research director of Hard Disk Drive and Storage Technologies at IDC. "Demand is expected to exceed supply over the near term, and the long-term growth prospects for HDD exabyte demand continue to look bright, bolstered by the increasing value of data in an AI world."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Key HDD Component Market Forecast Assumptions for 2024–2028
Market Context
Drivers and Inhibitors
Drivers
Volume of Data Generated and Stored in Datacenters Continues to Grow over the Long Term
GenAI Is Expected to Support Incremental Growth in Storage for Datacenter Environments
Expanding Use of Video Surveillance and Video Analytics
Inhibitors
New Technology Innovations
Generative Artificial Intelligence
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
IDC's Worldwide HDD Component Research and Data Modeling Process
Related Research

Pricing

Currency Rates
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