A new market intelligence report projects the Hard Disk Drive (HDD) market will grow from $51.82 billion in 2026 to $69.74 billion by 2031.
Hyperscale data centers and AI-generated data proliferation fuel this expansion. HDDs maintain relevance in hyperscale storage strategies. The technology leverages a strong cost-per-terabyte advantage.
Western Digital forecasts 23% growth in its HDD exabyte shipments between 2024 and 2028. Density improvements from technologies like HAMR drive this growth.