The mechanical hard drive market is expected to reach US$126.97 billion in 2033

News on October 14, according to the authoritative analysis agency Future Market Insights (Future Market Insights' latest research report shows that the mechanical hard drive market is experiencing steady growth, with an average annual growth rate of 12%. It is expected that by 2033, the global mechanical hard drive market will reach US$126.967 billion, equivalent to approximately 928.129 billion yuan, while the market size in 2022 is estimated to be US$36.5 billion, approximately 266.815 billion yuan, and is expected to grow 3.5 times in the next 10 years. .

According to the editor’s understanding, future market insights believe that with the rapid development of digitalization on a global scale, the demand for data storage solutions continues to rise, and at the same time, the continuous innovation of hard disk technology also Promoted the development of the mechanical hard disk market.

Under this circumstance, major hard drive manufacturers are actively introducing new products and continuously improving storage capacity, which will ensure that mechanical hard drives continue to become a large-scale The preferred solution for data storage further promotes the growth of the mechanical hard drive market

The research report also points out that network-attached storage (NAS) is still the main application scenario for mechanical hard drives, occupying market share At the same time, mobile hard drives account for more than one-third of the market share. Both areas will usher in positive growth.

In addition, increasingly frequent cyber attacks pose a threat to corporate resources, so local data storage technology has been further improved. Storage facilities are often separated from the corporate network and the Internet and are relatively more secure, while cloud infrastructure is not yet as secure and reliable as on-premises storage solutions. Analysts expect this trend to continue in the forecast period ahead.

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