Digital Storage Projections For 2023, Part 1
Forbes, December 19th, 2022
For several years I have written a series of three articles outlining my projections for various digital storage and non-volatile memory technologies for the coming year and beyond.
This will be the first of my projection articles for 2023, focusing on magnetic recording technology, particularly hard disk drives (HDDs) and magnetic tape.
After significant demand for HDDs in 2021, driven by demand for both client computing and data centers for storage to support remote work during the COVID pandemic, demand started to slow in 2022 and in the second half of the year demand for digital storage and memory products declined dramatically as tech companies cut back in anticipation of lower demand in an uncertain economic environment.