Hard disk Market – Global Industry Analysis and Forecast (2023-2029)

Global Hard disk Market was valued at US$ 55.5 Bn. in 2022 and is expected to reach US$ 79.22 Bn. by 2029, at a CAGR of 5.2% during a forecast period.

Hard disk Market Overview:

Hard discs are non-volatile computer storage systems that consist of rotating magnetic discs or platters. It is a permanent data storage device that is utilized as a secondary storage device. Data may be accessible directly since the disc rotates at a faster pace. During the forecast period, the worldwide hard disc market is expected to develop significantly. Manufacturers of hard disc drives (HDDs) are aggressively investing in modern technologies in order to provide the most effective data storage facilities to businesses and individuals. Consider the usage of sophisticated aluminum substrates, which has grown in importance and popularity among HDD makers in recent years.Hard disk MarketTo know about the Research Methodology :- Request Free Sample Report

COVID-19 impact on global hard disk market:

COVID-19 has had an influence on a variety of industries around the world, resulting in travel prohibitions, global lockdown, and a delay in numerous enterprises' supply chains. Due to the uncertain location of digital gadgets, the semiconductor industry has also been severely impacted by the continuing unprecedented occurrence, with a dramatic drop in revenues. Despite the increasing uncertainty, semiconductor makers, particularly HDD manufacturers, try to maintain operations and focus on long-term strategy. With persistent commercial stability, many semiconductor manufacturers collaborate with their partners and specific markets.

Hard disk Market Dynamics:

The hard disk is an electromechanical data storage device that uses magnetic storage to store and retrieve digital data using one or more rigid rapidly rotating platters coated with magnetic material. Hard disk manufacturers are significantly investing in advanced technologies to offer the most efficient data storage facilities to enterprises as well as individuals. Presently, the hard disk market is focused on Seagate, Western Digital Corporation, and Toshiba are estimated to more than xx% of the market share in 2022. The global hard disk market is driven by the increasing need for data storage facilities among enterprises as well as the introduction of advanced and reliable SSDs. However, the high cost of the hard disk is restraining the market growth at the global level. Widespread adoption of cloud computing and significant development and expansion of IoT in various applications are expected to create beneficial opportunities for the key player in the market during the forecast period.

Hard disk Market segment analysis:

The Global Hard disk Market is segmented into Type, and Application. Based on type, the hard disk drive (HDD) segment has led the hard disk market in 2022 and is estimated to generate more than US$ xx Mn market revenue by 2029, with a CAGR of xx%. The higher demand for HDDs and its extensively used in personal computers and data centres due to HDDs are inexpensive as compared to SSDs, their demand is higher. e.g., Microsoft Corporation announced to terminate the service of the Windows 7 operating system by 2022.Hard disk MarketBased on application, in 2029, the notebook category is expected to lead the global hard disc market, with a market value of $25.81 billion. Depending on the application, several sorts of storage configurations are used by notebooks with various use cases. The market is seeing an increase in demand for notebook PCs having both an HDD and an SSD.

Hard disk Market Regional Insight:

Asia Pacific held the dominant market share of xx% in 2022 and is expected to maintain a leading position in the market during the forecast period. China and Japan are major contributors to regional market growth. Among these, china accounted for the prominent market share of xx% in 2022 and is expected to reach US$ Mn by the end of 2029, with a CAGR of 7.0%. Owing to the presence of a large number of manufacturing firms and the availability of low-cost raw materials as well as inexpensive labor. But, Japan is expected to grow at the CAGR of xx% during the forecast period thanks to the Japanese market is likely to offer lucrative opportunities for vendors operating in the hard disk market. Key players in the market are highly investing in research and development activities for the introduction of the advanced had disk is predicted to accelerate the growth of this region in the near future. The objective of the report is to present a comprehensive analysis of the global Hard disk market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projects the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.

Global Hard disk Market Scope: Inquire before buying

Global Hard disk Market
Base Year 2022 Forecast Period 2023-2029
Historical Data CAGR Market Size in 2022 Market Size in 2029
2018 to 2022 5.2% US$ 55.5 Bn US$ 79.2 Bn
Segments Covered
by Type Hard Disk Drive (HDD) Solid State Drives (SDD) Hybrid Disk Drives (HHD) by Application Notebook Desktop Servers
Regions Covered
North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America

Hard disk Market Key Players are:

1. Western Digital Co 2. Seagate Technology 3. Toshiba Co 4. Sony Co 5. Transcend Information. 6. Samsung Electronics 7. ADATA Technology Co 8. Hewlett Packard Enterprise 9. Apple Inc. 10. Quantum Corp. 11. SK Hynix Inc. 12. Intel Corporation 13. Mushkin Enhanced 14. Micron Technology Inc. 15. SanDisk 16. Hitachi 17. G-Technology Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: Asia pacific region holds the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global Market is growing at a CAGR of 5.2 % during forecasting period 2023-2029. 3. What segments are covered in Global market? Ans: Global  Market is segmented into type, application and region. 4. Who are the key players in Global market? Ans: The important key players in the Global  Market are – Western Digital Co, Seagate Technology, Toshiba Co, Sony Co, Transcend Information., Samsung Electronics, ADATA Technology Co, Hewlett Packard Enterprise, Apple Inc., Quantum Corp., SK Hynix Inc., Intel Corporation. 5. What is the study period of this market? Ans: The Global Hard disk Market is studied from 2022 to 2029.
1. Hard disk Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Hard disk Market: Dynamics 2.1. Hard disk Market Trends by Region 2.1.1. North America Hard disk Market Trends 2.1.2. Europe Hard disk Market Trends 2.1.3. Asia Pacific Hard disk Market Trends 2.1.4. Middle East and Africa Hard disk Market Trends 2.1.5. South America Hard disk Market Trends 2.2. Hard disk Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Hard disk Market Drivers 2.2.1.2. North America Hard disk Market Restraints 2.2.1.3. North America Hard disk Market Opportunities 2.2.1.4. North America Hard disk Market Challenges 2.2.2. Europe 2.2.2.1. Europe Hard disk Market Drivers 2.2.2.2. Europe Hard disk Market Restraints 2.2.2.3. Europe Hard disk Market Opportunities 2.2.2.4. Europe Hard disk Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Hard disk Market Drivers 2.2.3.2. Asia Pacific Hard disk Market Restraints 2.2.3.3. Asia Pacific Hard disk Market Opportunities 2.2.3.4. Asia Pacific Hard disk Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Hard disk Market Drivers 2.2.4.2. Middle East and Africa Hard disk Market Restraints 2.2.4.3. Middle East and Africa Hard disk Market Opportunities 2.2.4.4. Middle East and Africa Hard disk Market Challenges 2.2.5. South America 2.2.5.1. South America Hard disk Market Drivers 2.2.5.2. South America Hard disk Market Restraints 2.2.5.3. South America Hard disk Market Opportunities 2.2.5.4. South America Hard disk Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Hard disk Industry 2.8. Analysis of Government Schemes and Initiatives For Hard disk Industry 2.9. Hard disk Market Trade Analysis 2.10. The Global Pandemic Impact on Hard disk Market 3. Hard disk Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Hard disk Market Size and Forecast, by Type (2022-2029) 3.1.1. Hard Disk Drive (HDD) 3.1.2. Solid State Drives (SDD) 3.1.3. Hybrid Disk Drives (HHD) 3.2. Hard disk Market Size and Forecast, by Application (2022-2029) 3.2.1. Notebook 3.2.2. Desktop 3.2.3. Servers 3.3. Hard disk Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Hard disk Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Hard disk Market Size and Forecast, by Type (2022-2029) 4.1.1. Hard Disk Drive (HDD) 4.1.2. Solid State Drives (SDD) 4.1.3. Hybrid Disk Drives (HHD) 4.2. North America Hard disk Market Size and Forecast, by Application (2022-2029) 4.2.1. Notebook 4.2.2. Desktop 4.2.3. Servers 4.3. North America Hard disk Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Hard disk Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Hard Disk Drive (HDD) 4.3.1.1.2. Solid State Drives (SDD) 4.3.1.1.3. Hybrid Disk Drives (HHD) 4.3.1.2. United States Hard disk Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Notebook 4.3.1.2.2. Desktop 4.3.1.2.3. Servers 4.3.2. Canada 4.3.2.1. Canada Hard disk Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Hard Disk Drive (HDD) 4.3.2.1.2. Solid State Drives (SDD) 4.3.2.1.3. Hybrid Disk Drives (HHD) 4.3.2.2. Canada Hard disk Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Notebook 4.3.2.2.2. Desktop 4.3.2.2.3. Servers 4.3.3. Mexico 4.3.3.1. Mexico Hard disk Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Hard Disk Drive (HDD) 4.3.3.1.2. Solid State Drives (SDD) 4.3.3.1.3. Hybrid Disk Drives (HHD) 4.3.3.2. Mexico Hard disk Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Notebook 4.3.3.2.2. Desktop 4.3.3.2.3. Servers 5. Europe Hard disk Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Hard disk Market Size and Forecast, by Type (2022-2029) 5.2. Europe Hard disk Market Size and Forecast, by Application (2022-2029) 5.3. Europe Hard disk Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Hard disk Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Hard disk Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Hard disk Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Hard disk Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Hard disk Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Hard disk Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Hard disk Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Hard disk Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Hard disk Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Hard disk Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Hard disk Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Hard disk Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Hard disk Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Hard disk Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Hard disk Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Hard disk Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Hard disk Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Hard disk Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Hard disk Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Hard disk Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Hard disk Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Hard disk Market Size and Forecast, by Application (2022-2029) 8. South America Hard disk Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Hard disk Market Size and Forecast, by Type (2022-2029) 8.2. South America Hard disk Market Size and Forecast, by Application (2022-2029) 8.3. South America Hard disk Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Hard disk Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Hard disk Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Hard disk Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Hard disk Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Hard disk Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Hard disk Market Size and Forecast, by Application (2022-2029) 9. Global Hard disk Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Hard disk Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Western Digital Co 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Seagate Technology 10.3. Toshiba Co 10.4. Sony Co 10.5. Transcend Information. 10.6. Samsung Electronics 10.7. ADATA Technology Co 10.8. Hewlett Packard Enterprise 10.9. Apple Inc. 10.10. Quantum Corp. 10.11. SK Hynix Inc. 10.12. Intel Corporation 10.13. Mushkin Enhanced 10.14. Micron Technology Inc. 10.15. SanDisk 10.16. Hitachi 10.17. G-Technology 11. Key Findings 12. Industry Recommendations 13. Hard disk Market: Research Methodology 14. Terms and Glossary

About This Report

Report ID 63888
Category Electronics
Published Date June 2023
Updated Date
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