Red alert for HDDs: Sales fell by half

A new report from Trendfocus sheds light on the plight of the mechanical storage industry as we start 2023. Seagate and its...
 Red alert for HDDs: Sales fell by half
READING NOW Red alert for HDDs: Sales fell by half
A new report from Trendfocus sheds light on the plight of the mechanical storage industry as we start 2023. Seagate and WDC’s sales fell by half, while other companies saw dramatic declines, according to new research covering the largest HDD storage providers, shipments and market shares through 2022.

HDDs are slowly disappearing

According to these data, the worst performing firm on the market is Seagate, the largest member of the HDD industry trio. Seagate’s HDD shipments fell 43.7 percent last year. WDC, on the other hand, followed Seagate closely with 43.0 percent in the same period. On the other hand, the decrease in Toshiba saw 39.3 percent.

When we look at the entire HDD sector, we see that 35 or 36 million units were shipped in 2022. The decrease compared to the previous year has reached a very high value of 42.5 percent. Naturally, we can say that the current situation is not at a level that can be sustained for many years.

Trendfocus points out that the biggest current challenge for HDD storage manufacturers is falling demand in the enterprise cloud storage industry. The single-digit drop in sales of consumer-grade 3.5-inch HDDs isn’t bad, but it’s not enough to spark any hope. Another market analysis firm, TrendForce, gave very pessimistic news to the laptop HDD industry, saying that 92 percent of laptops sold in 2022 have SSDs, and this ratio is expected to increase to 96 percent by 2023.

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