Nearline HDDs Continues to Surge in 3CQ24 Lifting Total Capacity Shipment to 325+EB

This market report from Trendfocus, Inc. is part of its SDAS: HDD Information Service Preliminary CQ3 ’24 Quarterly Update, October 4, 2024

Preliminary CQ3 ’24 Results:
Nearline Continues to Surge Lifting Total Capacity Shipment to 325+EB,
Units Rise to 32 Million HDDs

3.5″/2.5″ enterprise HDDs: solid hyperscale growth drove nearline capacity shipments to approximately 275EB and 15.3 million units in 3CQ24. Performance enterprise HDDs continues to soften, failing to around 0.8 million units.
3.5″ desktop/CA HDDs: total 3.5″ desktop/CE HDD shipments (including 3.5″ external and branded surveillance HDDs) eased slightly as a weak surveillance rebound was offset by falling demand in other 3.5″ markets. 3.5″ desktop/CA HDD shipments total roughly 9.0 million units.
2.5″ mobile/CE HDDs: 2.5″ mobile/CE HDD shipments held fat sequentially of approximately 6.4 million HDDs, reflecting typival seasonal patterns.

Company	HDDs in million	*Q/Q change*	Y/Y change	Market share
Seagate	12.50-13.30	1.6 – 8.1%	3.9 – 10.6%	40.6 – 40.8%
Toshiba	5.90-6.20	-0.5 – 4.6%	-5.3 – -0.5%	19.2 – 19.0%
WDC	12.40-13.10	2.9 – 8.7%	19.1 – 25.8%	40.3 – 40.2%
TOTAL	30.80-32.60	1.7 – 7.7%	7.4 – 13.7%	100%

Preliminary data – values may change