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HDD industry targets 300,000 petabytes of storage
By siliconindia
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Monday, 03 May 2010, 21:26 IST
Framingham: Hard disk drive (HDD) industry is going to deliver over 300,000 petabytes of storage capacity over the next five years to enterprise datacenters and clouds, according to International Data Corporation (IDC). With a remarkable increase of HDD terabyte shipments for enterprise applications, HDD vendors are going to introduce new HDD products or form factors that address both current and future enterprise storage market requirements. HDD shipments for enterprise applications will increase from 40.5 million units in 2009 to 52.6 million units in 2014, as shown in a recent research from IDC.
While the HDD revenue derived from enterprise markets will grow at a compound annual growth rate (CAGR) of 1.7 percent during this time, the HDD market revenue will continue to be impacted by several ongoing trends. These include continued shift away from higher cost performance-optimized HDDs to lower cost capacity-optimized solutions and solid state drives (SSDs) to complement HDDs in storage systems.
John Rydning, Research Director for Storage Mechanisms said that disk end users striving to bring more efficiency to current solutions are employing intensive cost cutting measures. He added, "The employment of technologies such as data deduplication, thin provisioning, storage multitiering, and storage virtualization are all contributing to reducing end-user costs."
The IDC study, "Worldwide Hard Disk Drive 2010-2014 Forecast: Sowing the Seeds of Change for Enterprise Applications" emphasizes on the updated look at the hard disk drive market for enterprise applications through 2014. According to the study, the enterprise HDD market will have opportunities in certain areas like HDD OEM unit shipments, exit-factory revenue, terabytes shipped, and compound annual growth rates for the period 20092014.
Other key findings from IDC's research include completion of the transition from 3.5in. to 2.5in. performance-optimized form factor HDDs by 2012. And growing interest in new storage delivery models and decline in price for per gigabyte of performance-optimized HDD storage, at a rate of approximately 25 percent to 30 percent per year.
