Global Hard Disk Drive Market Size, Share, Opportunities, And Trends By Type (Internal HDD, External HDD), By End-Users (Enterprises, Nearline Storage, Consumer use), By Storage Capacity (Below 1TB, 1TB and above), And By Geography - Forecasts From 2025 To 2030

The global hard disk drive market is expected to grow at a rate of 3% CAGR, reaching a market size of US$28.045 billion in 2030 from US$24.196 billion in 2025.

The growing use of portable, desktop, and network-attached storage hard disk drives to store operating systems, software programs, and other items on magnetic disks is expected to fuel the global hard disk drive market expansion.

Moreover, the development of smart, connected technologies is boosting the demand for storage drives to store different data types. Therefore, the recent change in technical trends in the customer electronics industry is expected to aid in the global hard disk drive (HDD) market growth.

Further, to strengthen their manufacturing base and lessen their dependency on imports, several nations are launching programs that should propel market expansion further. For instance, to encourage domestic electronics manufacturing, India suddenly banned the import of personal computers, including laptops and tablets, in August 2023. Additionally, several Indian businesses are looking to produce their laptops. Reliance Jio, for example, recently announced the release of a new laptop model. Similarly, New Delhi-based startup Primebook is making a laptop specifically for Indian students.

What are the global hard disk drive market drivers?

• High demand in cloud data centers

Climate The demand for data storage devices is anticipated to rise shortly due to the nearly triple increase in Internet protocol traffic in public cloud data centers. As a result, the hard disk drive market is anticipated to experience significant growth in the upcoming years. This market is expanding due to the growing adoption of cloud storage and other enterprise applications. Furthermore, one of the reasons for the growth in HDD shipments and sales is the stability of the laptop market.Companies embraced cloud computing solutions quickly in response to the sudden shift to remote work and the need for reliable and scalable infrastructure. Hybrid cloud became popular as businesses tried to combine the benefits of public cloud services with the administration and security of on-premises or private facilities.

• Increasing demand in the consumer industry

HDD adoption is notable in the consumer sector, among other industries. These devices are being installed as recording/storage media in an increasing number of consumer electronics appliances as they become smarter daily. HDD applications are quickly spreading to other consumer electronics devices, such as gaming consoles, standalone portable storage devices, and surveillance camera systems, in addition to their traditional application areas in PCs and smartphones. They have a large storage capacity, crucial for continuously recording surveillance cameras.

• Rising need for storage

The consumer electronics sector is expanding and changing rapidly. Numerous innovations and new product launches in the industry have resulted in a sharp rise in data consumption as well. Ericsson estimated global smartphone subscriptions to be slightly over 6.4 billion in 2022 and are predicted to surpass 7.5 billion by 2028; this growth is anticipated to increase demand for storage solutions.

Furthermore, Ericsson projects that by the end of 2023, the average monthly usage of smartphones worldwide will surpass 20 GB; this is anticipated to drive up demand for data centers since the video is the primary source of data consumption.

What are the geographical trends shaping the global hard disk drive market?

The growing use of network-attached hard drives and portable devices for operating systems, applications, and other data storage on hard disks will affect the market. These are mostly found in a wide range of consumer and electronic goods. They comprise a reprogrammable rotating magnetic disk with a magnetic writing head and are mainly used for storing and retrieving digital information, including computer data.

Data centres are a company component. They store, manage, back up, and recover data in productivity applications such as e-commerce transactions and business applications. The market will benefit from the United States' growing data centre population.

For example, Cloudscene reports that as of 2023, the United States held the largest share of data center locations worldwide, with 5,375 data centers. Germany and the United Kingdom both had 522 and 517 data center locations, respectively.

Recent Developments in the global hard disk drive market:

• In May 2024: Western Digital, a leading company in-memory technology, ntroduceda portable HDD expansion across its WD®, WD_BLACK™ and SanDisk® Professional product lineups, boasting the world’s highest storage capacity in a 2.5” portable HDD. The WD My Passport portable HDD line, WD_BLACK P10 Game Drive and SanDisk Professional G-DRIVE® ArmorATD™ will all now be available in 6TB* capacities.

The Global Hard Disk Drive Market is analyzed into the following segments:

• By Type
  • Internal HDD
  • External HDD
• By End-User
  • Enterprises
  • Nearline Storage
  • Consumer Use
• By Storage
  • Below 1TB
  • 1TB and above
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View 

5. GLOBAL HARD DISK DRIVE MARKET BY TYPE

5.1. Introduction

5.2. Internal HDD

5.3. External HDD

6. GLOBAL HARD DISK DRIVE MARKET BY END-USER

6.1. Introduction

6.2. Enterprises

6.3. Nearline Storage

6.4. Consumer Use

7. GLOBAL HARD DISK DRIVE MARKET BY STORAGE CAPACITY

7.1. Introduction

7.2. Below 1TB

7.3. 1TB and above

8. GLOBAL HARD DISK DRIVE MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By End-Users

8.2.3. By Storage Capacity

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Type

8.3.2. By End-Users

8.3.3. By Storage Capacity

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina 

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By End-Users

8.4.3. By Storage Capacity

8.4.4. By Country

8.4.4.1. UK

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Italy

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By Type

8.5.2. By End-Users

8.5.3. By Storage Capacity

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By End-Users

8.6.3. By Storage Capacity

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Seagate Technology Holdings PLC

10.2. Western Digital Corporation

10.3. Toshiba Memory Corporation

10.4. Hewlett Packard Enterprise Development LP

10.5. Sony Corporation

10.6. Transcend Information Inc.

10.7. Schneider Electric

10.8. Lenovo 

10.9. ADATA Technology Co., Ltd.

10.10. Buffalo Americas Inc.

Seagate Technology Holdings PLC

Western Digital Corporation

Toshiba Memory Corporation

Hewlett Packard Enterprise Development LP

Sony Corporation

Transcend Information Inc.

Schneider Electric

Lenovo 

ADATA Technology Co., Ltd.

Buffalo Americas Inc.