Hard Disk Market Analysis

Technology [Microwave-Assisted Magnetic Recording (MAMR), Heat-Assisted Magnetic Recording (HAMR), Shingled Magnetic Recording (SMR), and Perpendicular Magnetic Recording (PMR)]

By technology, the perpendicular magnetic recording (PMR) segment in hard disk market is poised to increase its revenue share by 2037. PMR technology, which arranges magnetic bits perpendicularly to the disk platter, allows for higher data density than traditional longitudinal recording. This innovation has enabled hard disk manufacturers to produce drives with greater storage capacities without increasing the physical size of the disk. As data storage demands continue to rise, PMR’s ability to maximize areal density on smaller disks has made it a critical technology, especially for enterprise and data center markets where high-capacity and cost-effective solutions are essential.

PMR-based hard disks have played a vital role in supporting data-intensive applications, such as video surveillance, cloud storage, and big data analytics. The growing demand for storage in these sectors is expected to maintain a steady demand for high-density hard disks leveraging PMR, even as SSDs gain popularity in consumer applications. Additionally, PMR technology is being improved with advancements like shingled magnetic recording (SMR), which overlaps recording tracks to boost density further, and energy-assisted methods (such as HAMR and MAMR), which promise even higher capacities.

End user (Personal use, Business/Commercial, and Governmental)

The business/commercial segment is predicted to capture over 57.2% hard disk market share by 2037 with a focus on reliable, scalable storage solutions. The commercial segment is driven by rising storage demands from industries such as retail, media, healthcare, and finance. This segment includes small and medium-sized enterprises (SMEs) and larger corporations that require data storage solutions, such as operational data, backup and disaster recovery, video surveillance, and customer data.

The personal use segment also holds a significant hard disk market share due to the increasing demand for storage in everyday computing. Although enterprise applications dominate the hard disk market, personal use is expected to remain steady due to ongoing consumer demand for cost-effective, high-capacity storage solutions. This demand is driven primarily by the increasing consumption of digital media, such as high-definition video, photos, and large game files, as well as the need for reliable data backups.

Our in-depth analysis of the hard disk market includes the following segments: