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Hard Disk Drive Market Trends, Growth & Segmentation - 2031

www.mordorintelligence.com

Seagate, Western Digital, and Toshiba collectively accounted for more than 95% of global shipments in 2025. Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of 2026. ... Hyperscale data-center count reached 1,136 at year-end 2024 and is projected to triple by 2030 as AI accelerators reshape computing footprints. Hard Disk Drive market size in 2026 is estimated at USD 51.82 billion, growing from 2025 value of USD 48.83 billion with 2031 projections showing USD 69.74 billion, growing at 6.12% CAGR over 2026-2031. Cost-per-terabyte advantages, HAMR-driven capacity roadmaps that point to 100 TB and beyond, and the explosion of AI-generated cold data keep hard drives central to hyperscale storage strategies. The market is projected to expand at a 6.12% CAGR, rising from USD 51.82 billion in 2026 to USD 69.74 billion in 2031. ... The 3.5-inch category delivered 65.62% of 2025 revenue and is growing at a 9.29% CAGR as hyperscale operators prioritize capacity density. Near-line enterprise deployments expand as cloud providers allocate roughly 15–20% of their record USD 315 billion 2025 capital budgets to storage infrastructure, while energy-per-terabyte metrics sustain demand in power-constrained data-center markets[1]Investor Relations Team, “FY 2024 10-K,” Western Digital Corporation, wdc.com .

Hard Disk Market Size, Share & Forecast 2026-2035 | Global Analysis

www.researchnester.com

Hard Disk Market size was over USD 64.72 billion in 2025 and is poised to exceed USD 112.66 billion by 2035, witnessing over 5.7% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of hard disk is evaluated at USD 68.04 billion. Discover Market Trends & Growth Opportunities: Download Free PDF To preserve a competitive advantage, these organizations use cutting-edge technologies and inventive solutions. For instance, in March 2024, LaCie, Seagate Technology Holdings plc's premium brand, unveiled the new LaCie Rugged Mini SSD portable storage drive, which has a capacity of up to 4TB and is sturdy, quick, and compact. In January 2024, Seagate Technology LLC, a global pioneer in mass-data storage infrastructure solutions, introduced the new Seagate IronWolf Pro 24 TB hard drive, which meets the changing data demands of SMB and enterprise network attached storage (NAS) systems. The rise of IoT, 5G, and social media fuel this data explosion, as billions of connected devices create vast amounts of information daily. For instance, there were 16.6 billion linked IoT devices by the end of 2023 (a 15% increase over 2022), and this value climbed 13% to 18.8 billion by the end of 2024.

HDD Prices Trend Over Time: 2026 Market Analysis & Forecast

www.accio.com

Capacity Shipments: HDD capacity shipments are estimated to increase by 34% from 2024 to 2025, reaching approximately 1.79 Zettabytes (ZB) 6. Cost Advantage: HDDs continue to offer a significant cost benefit over enterprise SSDs, with Seagate achieving USD 15 per terabyte in 2024, maintaining a 2.5x cost advantage 27. Rising HDD Prices: Multiple sources indicate a significant increase in HDD prices, with some users reporting a 20% rise in 2026 3. Contract prices for HDDs jumped approximately 4% quarter-over-quarter in Q4 2025 6. The global external hard drive market reached approximately USD 10.46 Billion in 2025.

Explore the Global Hard Disk Drive Market — analysis of key trends, ...

www.futuremarketinsights.com

The Hard Disk Drive Market worth USD 70.1 billion in 2026 is growing at a CAGR of 5.3% to reach USD 117.5 billion by 2036. Seagate Technology Holdings PLC, Western Digital Corporation, Toshiba Corporation, Samsung Electronics Co., Ltd., and Quantum Corporation are the major companies operating in this market. Source: Future Market Insights competitive analysis, 2026. ... · March 2025: Seagate completed the acquisition of Intevac, adding thin-film processing systems to its mass-capacity data storage business. What is the current and future size of the hard disk drive market from 2025 through 2036. How fast the market is expected to grow between 2026 and 2036 across the covered regions. Market scope covers all commercially traded hard disk drives grouped by drive type, storage capacity, drive interface, power source, end use, and use case. Revenue sizing reflects sales of finished HDD products from 2026 to 2036. The study includes portable units for personal transfer needs, desktop drives for internal or external expansion, and NAS focused drives used in always on storage systems.

Hard Disk Drive Market Size,Trends ,and Share, Growth, Report 2035

www.industryresearch.biz

The global Hard Disk Drive Market is forecast to expand from USD 53238.7 million in 2026 to USD 57050.59 million in 2027, and is expected to reach USD 99182.38 million by 2035, growing at a CAGR of 7.16% over the forecast period. I need the full data tables, segment breakdown, and competitive landscape for detailed regional analysis and revenue estimates. Download FREE Sample · The global hard disk drive (HDD) market is projected to ship approximately 278 million units in 2025, driven by demand for enterprise data storage and high-capacity drives. Seagate launched a 24 TB nearline HDD in 2024, representing a 12% capacity increase over its previous model. Western Digital expanded its enterprise HDD production capacity by 18% in 2025. Toshiba introduced a 20 TB surveillance HDD in 2024, boosting storage density by 14%. HAMR-based HDD shipments reached 8 million units in 2025, up 220% from 2023. Average drive capacities have risen from 3.6 TB in 2023 to 4.2 TB in 2025, with nearline enterprise HDDs holding over 68% of total exabytes shipped. The consumer HDD segment accounts for 32% of units shipped, while surveillance and NAS markets collectively contribute 14% of global unit demand.

Worldwide Hard Disk Drive Forecast Update, 2024–2028

my.idc.com

"Demand continues to accelerate in the second half of 2024 and the industry appears to have underpinned demand visibility that will support this trend through calendar 2025, and in some cases well into 2026, with one limiting factor being the supply chain's ability to support the growth through execution on technology transitions, customer qualifications, and volume ramps," according to Ed Burns, research director, Hard Disk Drive and Storage Technologies at IDC.