News
 

Bookmark and Share

(0) 

Despite the rising popularity of media tablets and solid state drives (SSDs), the hard disk drive (HDD) industry has tremendous revenue expansion opportunities over the next five years, according to analysts from International Data Corp.

The HDD industry revenue will grow from $33.4 billion in 2010 to $48.2 billion in 2015, according to IDC. But the HDD industry will need to transform itself and reorder its priorities to realize this revenue growth. The personal storage market continues to be one of the strongest growth segments for the HDD industry.

HDD demand will continue to be founded in traditional IT segments, however, unit shipment growth will be driven mainly by the expansion of public and private cloud storage infrastructure and, more importantly, by demand from consumers and small businesses for private or personal cloud storage devices and solutions. HDD industry revenue growth will be accelerated based on broadening adoption of storage devices that help to speed up overall PC performance.

"The HDD industry needs to shift its R&D priorities, giving more attention to developing faster HDD performance for PC markets while simultaneously delivering HDD capacity advancements to support enterprise storage growth demands. At the same time, HDD vendors have an opportunity to transform into storage solution providers with a broad range of products that address the needs of both consumers and small businesses," said John Rydning, research director for disk storage mechanisms at IDC.

According to the market research company, with or without industry consolidation, HDD average selling price (ASP) declines will slow near term as HDD technology advancements are slowing, making it more difficult for HDD vendors to reduce HDD bill of material costs. In the long term, the HDD industry has an opportunity to increase HDD ASPs with hybrid NAND and rotating disk storage devices aimed at the PC market.

Tags: HDD, Seagate, WD, Western Digital, Hitachi, Samsung

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Monday, April 14, 2014

8:23 am | Microsoft Vows to Release Xbox 360 Emulator for Xbox One. Microsoft Xbox One May Gain Compatibility with Xbox 360 Games

Tuesday, April 1, 2014

10:39 am | Microsoft Reveals Kinect for Windows v2 Hardware. Launch of New Kinect for Windows Approaches

Tuesday, March 25, 2014

1:57 pm | Facebook to Acquire Virtual Reality Pioneer, Oculus VR. Facebook Considers Virtual Reality as Next-Gen Social Platform

1:35 pm | Intel Acquires Maker of Wearable Computing Devices. Basis Science Becomes Fully-Owned Subsidiary of Intel

Monday, March 24, 2014

10:53 pm | Global UHD TV Shipments Total 1.6 Million Units in 2013 – Analysts. China Ahead of the Whole World with 4K TV Adoption

10:40 pm | Crytek to Adopt AMD Mantle Mantle API for CryEngine. Leading Game Developer Adopts AMD Mantle

9:08 pm | Microsoft Unleashes DirectX 12: One API for PCs, Mobile Gadgets and Xbox One. Microsoft Promises Increased Performance, New Features with DirectX 12

3:33 pm | PowerVR Wizard: Imagination Reveals World’s First Ray-Tracing GPU IP for Mobile Devices. Imagination Technologies Brings Ray-Tracing, Hybrid Rendering Modes to Smartphones and Tablets

2:00 pm | Nokia Now Expects to Close Deal with Microsoft in Q2. Sale of Nokia’s Division to Close Next Month