According to Cognitive Market Research, the global Hard Disk Drive market size is USD 19658.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 2.10% from 2024 to 2031.
North America holds the major market of more than 40% of the global revenue with a market size of USD 7863.3 million in 2024 and will grow at a compound annual growth rate (CAGR) of 0.3% from 2024 to 2031.
Europe accounts for a share of over 30% of the global market size of USD 5897.5 million.
Asia Pacific holds the market of around 23% of the global revenue with a market size of USD 4521.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.
Latin America holds the market of more than 5% of the global revenue with a market size of USD 982.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.5% from 2024 to 2031.
Middle East and Africa holds the market of around 2% of the global revenue with a market size of USD 393.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.8% from 2024 to 2031.
Less than 250GB storage capacity holds the highest Hard Disk Drive market revenue share in 2024.
