Since the information technology has become the way of life in the 21st century, laptops and computer systems have turned to be the wheels of this technology-driven era. From personal undertakings to professional accomplishments, computers have registered their presence in every spot of life. However, there may be some sort of technical glitches in the course of commencing tasks with computers that hinders the flow of work.
Customer support platforms are a way to build the credibility of their products and services for companies; however, it’s a need for customers who invest their pretty penny in owning a specific product or service.
Take HP laptops, for instance, how many of you are a proud owner of HP laptops.
Hard Disk MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Hard Disk Market.
The growth sectors of the Hard Disk Market are identified with precision for a better growth perspective.The global hard disk market is expected to reach 93.88 billion by 2026, growing at a CAGR of 6.5% during the forecast period (2018—2026).
In this report, Market Research Future (MRFR) includes market segmentation and market dynamics to offer a better glimpse of the market in the coming years.Data generation continues to surge, globally which in turn is increasing the demand for electronic data storage.
According to World Economic Forum, at present each day around 500 million tweets and 294 billion emails are sent; 4 petabytes of data are created on Facebook; 4 terabytes of data are created from each connected car, and 65 billion messages are sent on WhatsApp.
In this regard, increased need for the storage leads to the growth of global hard disk market during the forecast period.Segmental AnalysisThe global hard disk market has been segmented on the basis of type, application, and region.Based on type, the hard disk market has been segmented into hard disk drive (HDD), solid-state drives (SDD), and Hybrid Disk Drives (HHD).
As the hard drives are used for storing large volumes of data, with typical storage capacities ranging from 1 terabyte to 6 terabytes on a single drive.The SSD segment was the second-largest market in 2018, valued at USD 9.31 billion; it is projected to exhibit a CAGR of 17.0%.