C3Q 2024 HDD Industry Update
Forbes, Monday, October 28th, 2024
The data is in for the C3Q 2024 HDD shipments from the upcoming November 2024 Digital Storage Technology Newsletter.
Total HDD shipments in C3Q 2024 were up about 6.0% compared with C2Q 2024 (32.1M versus 30.3M). Total exabytes shipped in C3Q 2024 were up about 17% from C2Q 2024, driven by greater sales of mass storage HDDs, such as nearline drives.
HDD revenues (estimated at $4.51B) were up about 12.1% from the prior quarter. This quarter continued the upward trend in unit and exabyte shipments as well as revenues, that started three quarters ago.