Hard Disk Market Research Report - Global Forecast till 2026

Market Scenario The Global Hard Disk Market is expected to grow at a substantial rate due to the increasing need for data storage facilities among enterprises as well as the introduction of advanced and reliable SSDs. Hard disk manufacturers are significantly investing in advanced technologies in order to offer the most efficient data storage facilities to enterprises as well as individuals. Currently, the hard disk market is concentrated with Western Digital Corporation, Seagate, and Toshiba occupying more than 70% of the market share. The hard disk drive (HDD) market is highly concentrated in comparison to the solid-state drive (SSD). The HDD segment occupies a market share of 80.5% in the overall hard disk market. Report Sample:

Market Research Analysis: Regionally, the hard disk market has been divided into the US, China, Europe, SoutheastAsia, India, Japan, the Middle East & Africa, and Central and South America. The US led the hard disk market from 2014 to 2016, whereas China is expected to lead the hard disk market from 2017 to Japan is expected to be the fastest-growing country-level market in the hard disk market during the forecast period, registering a CAGR of 7.6%, followed by India. Geographically, the global hard disk market has been segmented into the US, China, Europe, Southeast Asia, India, Japan, the Middle East & Africa, and Central and South America. Browse Complete Report Details:

Scope of the Report: The global hard disk market has been segmented on the basis of type, application, and region. Based on the type, the hard disk market has been segmented into hard disk drive (HDD), solid-state drives (SDD), and hybrid disk drives (HHD). The hard disk drive (HDD) segment accounted for the largest market share of 80% in 2018; However, solid-state drives (SSD) segment is expected to register the highest CAGR of 17.0% Based on the application, the notebook segment accounted for the largest market share of 39% in However, server segment is expected to register the highest CAGR of 9.3% during the forecast period.

Key Players: The prominent players operating in the hard disk market are Sony Corporation (Japan), Transcend Information. Inc. (Japan), Samsung Electronics (South Korea), ADATA Technology Co. Ltd. (Taiwan), Hewlett Packard Enterprise Company (HP) (US), Apple Inc. (US), Quantum Corp. (US), SK Hynix Inc. (South Korea), Intel Corporation (US), Mushkin Enhanced (US), and Micron Technology Inc. (US), Western Digital Corporation (US), Seagate Technology LLC (US), and Toshiba Corporation (US). The major players in this market have adopted the strategies such as geographic expansion, product launch, collaboration, and mergers & acquisitions. The growth of the market vendors is dependent on the market conditions, government support, and industry development. Thus, the vendors should focus on expanding, geographically and improving the services.

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