Sales of hard drives will drop by 50% by the end of 2019

Sales of hard drives will drop by 50% by the end of 2019

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Modern technologies make fewer and fewer people buy hard drives. Instead, consumers bet on better alternatives such as SSDs or cloud services. This is the reason that global sales of hard drives have dropped a few consecutive quarters.

Nidec is one of the leading suppliers of rotating drives for hard drives in the industry and predicted that sales in this sector will fall by 50% in the months they leave by the end of the year.

The company claims that its products are used in 85% of all hard drives on the market. A factor that adds more credibility to their predictions that all analysts and producers will take into account. According to data, HDD prices fell by 43% between 2010 and 2018.

These processes have already forced Nidec to focus on alternative low-revenue, including 5G networks, automotive and hardware solutions for Internet-connected devices, TechSpot reported.

For example, in 2010, supplies of 650 million hard drives were made, and this figure was only 375 million at the end of last year. Nidec said deliveries will not exceed 309 million by the end of 2019.

It’s time to note that their initial forecast was 356 million sales, but current processes in the industry are not so encouraging. Leading manufacturers will also have to settle for no more than 290 million sales next year, according to Nidek.

Sales of hard drives will drop by 50% by the end of 2019

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