How Much Can Seagate’s HDD Revenue Grow Over The Next Three Years? – Forbes

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How Much Can Seagate’s HDD Revenue Grow Over The Next Three Years?
Seagate Technology’s HDD revenue will likely decline at an average annual rate of 2.1% from $10.60 billion in fiscal 2018 to $9.94 billion in fiscal 2021, according to Trefis estimates. This decline will likely be led by slower enterprise demand. Seagate is a storage company, and most of its revenues (around 90%) comes from HDD sales, unlike some of its peers, such as Western Digital, which also sell SSDs.