Global HDD storage industry to more than quadruple capacity shipped by 2011

By 2011, the hard disk drive (HDD) industry will more than quadruple the total HDD capacity shipped in 2006 to meet the growing storage requirements of an expanding digital world, according to IDC. Worldwide HDD unit shipments will increase to 675 million units in 2011, while revenue will rise to approximately US$37 billion.

"The expanding digital universe creates a tremendous opportunity for HDD storage used in PCs, enterprise systems, and personal storage devices," said John Rydning, research manager for IDC’s hard disk drives program. "Despite challenges from competing storage technologies, volatile consumer electronic markets, and enigmatic changes ahead for the computing environment, the fundamental need for additional storage capacity worldwide will continue to generate solid HDD demand."

More here at DigiTimes