Digital Storage Projections for 2020 on HDDs, SSDs and Magnetic Tapes

To read this article from Forbes, click on:
Digital Storage Projections For 2020, Part 1
Magnetic storage, including HDDs and magnetic tape are now and will likely remain the least expensive digital storage technology for some time to come. Magnetic tape media is probably less than $10/TB and near line HDDs provide storage for less than $30/TB. This should be compared to SSDs with storage capacities for enterprise applications of at least $150/TB. Magnetic storage will continue to grow to store the rapidly growing data generated by big data, IoT, AI and 5G applications.
HDDs are declining in many applications but look to experience continued growth for secondary storage applications in data centers. Magnetic tape continues to be relevant for long term data archiving. Storage capacity growth for long term data retention will grow with the onslaught of new data generating applications.