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World's Appetite for Digital Storage Capacity Continues to Fuel HDD Demand, Says IDC
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| 5 June 2008 |
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The world's prodigious appetite for digital storage capacity continues to fuel hard disk drive (HDD) demand and revenue. Worldwide HDD shipments are expected to grow in 2008, even in the face of economic uncertainty in the United States, and increase at a compound annual growth rate of more than 9 percent between 2007 and 2012, IDC forecasts. Flash-based solid state disk drives (SSDs) will curtail HDD demand in some markets, but the HDD industry will shrug-off these and other competing storage technologies to attain consecutive years of record-setting HDD shipments and revenue.
"Disk drive OEMs are very aware of the different competing storage technologies that exist today, and will exist in the future," said John Rydning, Research Director for Hard Disk Drives at IDC. "They will rightly shrug-off these competing technologies for a later day, choosing instead to capitalize on the healthy and profitable opportunities that lie ahead in the hard disk drive industry."
Among key trends of the HDD industry are the following:
HDD markets least threatened by competing storage technologies such as enterprise storage systems, personal storage devices, and personal video recorders, will compose nearly 50 percent of total HDD unit shipments by 2012.
Successive generations of HDD products using perpendicular magnetic recording (PMR) technology will enable average HDD capacities to increase by nearly threefold by 2012.
IDC's study, 'Worldwide Hard Disk Drive 2008-2012 Forecast: Shrugging-Off Storage Technology Challengers,' presents a forecast of HDD demand both by standard HDD industry form factors, and for the following HDD consumption segments: portable PCs, desktop PCs, enterprise storage systems, servers, personal storage devices, and various consumer electronics products. The HDD market opportunities are discussed in terms of HDD OEM unit shipments, exit-factory revenue, terabytes shipped, and compound annual growth rates for the period 2007-2012.
www.idc.com |
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