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Worldwide Hard Disk Drive Market Shares, 2023: Unprecedented Declines in Cloud HDD Demand Caused by Elevated Inventory Levels

Publisher IDC
Published Mar 29, 2024
Length 10 Pages
SKU # IDC18658498

Description

Worldwide Hard Disk Drive Market Shares, 2023: Unprecedented Declines in Cloud HDD Demand Caused by Elevated Inventory Levels


This IDC study reviews the worldwide hard disk drive (HDD) vendor market shares for 2023."Worldwide HDD industry revenue declined significantly for the second consecutive year due primarily to continued elevated inventories at cloud service providers coupled with a prolonged shift of enterprise spending to compute due to emerging artificial intelligence initiatives," according to Ed Burns, research director, Hard Disk Drive and Storage Technologies, IDC. "Revenue market shares did shift, with Western Digital gaining share, while Seagate and Toshiba lost share in 2023."

Please Note: Extended description available upon request.

Table of Contents

10 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Enterprise HDD Product Segments
Who Shaped the Year
Seagate
Toshiba
Western Digital
Market Context
Significant Market Developments
Methodology
Market Definition
Related Research

Pricing

Currency Rates
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