India’s Surveillance HDD Shipments Grow 19% YoY, External HDD Shipments Decline 3%: CMR

India’s Surveillance HDD Shipments Grow 19% YoY, External HDD Shipments Decline 3%: CMR

Picture of Prabhu Ram, Vice President – Industry Research Group (IIG)

Prabhu Ram, Vice President – Industry Research Group (IIG)

  • External HDD Shipments Decline 3% YoY, 15% QoQ
  • Surveillance HDD Shipments Grow 19% YoY, Decline 9% QoQ
  • Market Outlook: 18–22% External HDD Growth, 12–15% Surveillance HDD Growth Projected for CY2026

Gurugram/New Delhi, September 14, 2026: According to the latest CMR India Consumer HDD Devices Market Review Report by CyberMedia Research (CMR), External HDD shipments declined 3% year-on-year (YoY) and 15% quarter-on-quarter (QoQ), while Surveillance HDD shipments grew 19% YoY but fell 9% QoQ in Q2 2026.

According to Mukesh Sharma, Senior Analyst, CyberMedia Research (CMR), “Storage purchasing decisions continue to be shaped by cost effectiveness, capacity requirements, and long-term data retention needs. Surveillance HDD demand remains the standout growth driver, driven by expanding high-resolution deployments and longer retention cycles. The External HDD segment, meanwhile, saw a modest YoY decline in shipments, reflecting a more cautious consumer spending environment even as the persistent price differential between SSDs and HDDs continues to reinforce HDDs’ relevance for capacity-centric use cases.”

HDD Drives Market Highlights Q2 2026

External HDD Market: 2TB drives dominated the segment, capturing 45% of total shipments.

  • Western Digital led the External HDD market with a 49% share, with bit shipments growing 16% YoY.
  • Seagate followed with a 38% share in bit shipments.

Surveillance HDD Market: 2TB and 4TB drives dominated the segment, together accounting for 57% of total shipments.

  • Seagate led the market with a 50% share and 58% YoY growth in bit shipments.
  • Western Digital followed with a 39% share.

Future Outlook

CMR expects India’s HDD device market to maintain steady growth through CY2026, supported by rising data creation, AI-enabled surveillance deployments, and increasing long-term storage requirements. External HDD shipments are projected to grow 18–22% YoY, while Surveillance HDD shipments are expected to grow 12–15% YoY during CY2026. “India’s storage market is entering a phase where data intensity, surveillance expansion, and long-term retention requirements are becoming structural demand drivers. While SSDs continue to scale across performance-centric workloads, HDDs remain strategically critical for high-capacity, cost-efficient storage deployments across enterprise, surveillance, SMB, and consumer environments,” added Preet Kaur, Analyst, CyberMedia Research (CMR).