IDC Forecasts Hard Disk Drive Industry Will Return to Growth After a Difficult 2011

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

IDC Press Release 

FRAMINGHAM, Mass.– In the wake of two massive and tragic natural disasters, worldwide hard disk drive (HDD) unit shipments experienced a year-over-year decline of 4.5% in 2011. Although efforts to clean and repair flooded factory buildings and equipment will take most of the first half of 2012, HDD and HDD component production is expected to return to preflood output levels in the second half of this year. According to a new forecast from International Data Corporation (IDC), the HDD industry will record year-over-year unit shipment growth of 7.7% in 2012 and a compound annual growth rate (CAGR) of 9.6% for the 2011-2016 forecast period.

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