Hard drive sales continue to drop alarmingly
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Currently the manufacturers of hard drives are not having a very good time due to the drop in sales that this type of storage devices has been suffering for 2 years now. The latest data that we know has been provided by the IDC and Gartner studies, who assure that the sales of hard drives have fallen by 20% in the first quarter of this year.
Seagate and Western Digital the most affected
The most affected companies have been Seagate and Western Digital, in the last quarter sales of hard drives fell 20% compared to the same period of the previous year, a situation that worsens if we take into account that throughout 2015 sales Totals had already fallen 17% compared to 2014, that trend seems to be repeating this year.
What's happening? PC users no longer need as much storage space? It can be a mixture of several reasons, firstly enthusiastic users are beginning to bet on the new SSD solid disks that offer a much faster read and write speed than a mechanical hard drive, which in recent years has stagnated in this appearance.
Hard drive sales fall for 2 years
Another reason could be that much of the multimedia content that was previously downloaded to the computer can now be consumed online, videos, movies and music on services such as YouTube, Netflix or iTunes, making the use of hard drives decrease as there is no need to download that content.
This may be why Western Digital decided to buy SanDisk, the famous SSD maker, for $ 19 billion a few days ago. It is possible that in a few years mechanical hard drives will be a thing of the past.
The price of nand memory will continue to drop due to oversupply
NAND memory prices are expected to continue to decline at least until the beginning of the second half of this year 2018 due to oversupply.
Nand memory price confirmed to continue to drop
A DRAM Exchange report has stated that NAND memory prices will continue to decline in the second half of this year.
Hard drive sales fell 13% in the first quarter of the year
According to a Trendfocus report, hard drive sales fell nearly 13% in the first quarter of 2019.