The hard drive of the computer is a device that helps storing all software installed, as well as the data files created. The data files include documents that have been created and downloaded, such as photos, videos, music, and more.
The hard drive is a procedure of permanent storage, rather than temporary memory such as random-access memory (RAM). It functions mainly when the computer is turned off. In this way, the files remain safely stored on the drive so it can be used again the next time when the computer is started for further process.
Types of HDD — Hard Disk Drivers
There are two general types of hard drives: hard disk drives (HDD), which use one or more rotating discs and rely on magnetic storage. The second one is the solid-state drives (SSD) that have no movable mechanical parts, but use flash memory like the one is found in USB flash drives. For a regular desktop computer, it is more likely to have a hard disk drive. But the solid-state drives are more typical for high-end computers as well as expensive laptops.
Advantages of Hard Disk Drives
The hard disk drive is a very old digital data storage technology that still exists and chiefly used in various types of computers and servers, especially. At the same time, the primitive hard drive technology is now slowly getting replaced by much faster disc-less flash technology. In recent times, faster servers such as hosting servers utilize solid-state drives (SSD) to auger the performance of websites and simultaneously offer higher bandwidth. Yet they are widely used as hard drives for non-frequently accessed data like backups and large downloadable files that are not intricate in the website loading process. Therefore, in the present time, file sharing, and online backup service providers, web hosting, and data centers plan their servers to use both SSD and HDD storage technologies.
Regional Analysis
Geographic analysis of the hard disk market has been done for the US, China, Europe, SoutheastAsia, India, Japan, the Middle East & Africa, and Central and South America.
China accounted for the largest market share in 2018. The rapid adoption of cloud computing, a growing number of data centers, and the generation of significant volumes of data are the reasons boosting the growth of the hard disk market in the region. The manufacturing plants of various leading players such as Seagate Technology LLC and Hitachi Global Storage Technologies are present in China. Along with this, a number of regional players such as Shenzhen Xinkerui Electronic Technology Co., Ltd, Shenzhen KingSpec Electronics Technology Co., Ltd, Shenzhen Kingdisk Century Technology Co., Ltd, Shenzhen Flashine Science and Technology Co., Ltd, Shenzhen Junhaowei Technology Co., Ltd, Shenzhen Topadkiosk Technology Co., Ltd, Shenzhen Xinkerui Electronic Technology Co., Ltd, and Shenzhen Joinwin Technology Ltd are present in the country.
The US is expected to be the second-largest market during the forecast period. This country is hub to some of the largest multinational corporations operating in this market, including leading players such as Seagate Technology LLC and Western Digital Corporation. The market is also increasing owing to digital transformation, proliferation of the Internet of Things (IoT), as well as cloud technology, which is leading to a large amount of data being generated. New and improved technologies are assisting in developing the newer versions of hard disks. These factors are crucial in driving the market in North America. Along with this, the growing demand for hard disks from enterprises across all verticals as well as individual customers is expected to boost the growth of the hard disk market in North America.
Competitive Analysis
The prominent players profiled in the hard disk market include Hewlett Packard Enterprise Company (HP) (US), Apple Inc. (US), Quantum Corp. (US), SK Hynix Inc. (South Korea), Intel Corporation (US), Mushkin Enhanced (US), and Micron Technology Inc. (US), Western Digital Corporation (US), Seagate Technology LLC (US), Toshiba Corporation (US), Sony Corporation (Japan), Transcend Information. Inc. (Japan), Samsung Electronics (South Korea), and ADATA Technology Co. Ltd. (Taiwan).
Segmental Analysis
The hard disk segment has been categorized on the basis of type, application, and region.
Based on type, the hard disk market has been segmented into Hard Disk Drive (HDD), Solid State Drives (SDD), and Hybrid Disk Drives (HHD).
Based on application, the hard disk market has been categorized into notebook, desktop, and server.
Based on region, the market has been categorized into the US, China, Europe, Southeast Asia, India, Japan, the Middle East & Africa, and Central and South America.
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