- 2.5” external HDD captured 93% market share
- 3.5” external HDD captured 7% market share
- 1TB capacity was the most popular capacity with 45% market share.
Gurugram/New Delhi, Sep 13, 2022: According to CMR’s India External Hard Drive Market Review for H1 CY2022, the India External HDD (2.5” & 3.5”) market shipments increased by 7% YoY. However, on a QoQ basis, the market shipments grew marginally by 1% in Q2 CY2022.
“The external HDD market has slowed down owing to rapid transition towards SSDs. Significant growth in the external SSD market indicates growing consumer inclination towards it, driven by the superior features that the external SSDs offer. However, in terms of large capacity at an affordable price, external HDDs has been the preferred option leading to this YoY growth,” observed Shipra Sinha, Lead Analyst, CyberMedia Research.
H1 CY2022 Highlights
Seagate led the market with 45% market share and WD was at the second position with 41% share in the overall external HDD category. Toshiba stood at the third position with 13% market share with its shipments growing 87% YoY.
NAS
Overall NAS shipments increased by 40% YoY in H1 CY2022.
Future Trends
CMR anticipates external HDD (2.5” and 3.5”) shipments to record 10-12% YoY growth by the end of CY2022 driven by the digital acceleration at play.
As per Shipra, “With the onset of festive season, external HDD shipments in Q3 2022 are expected to surge. Consumers will watch for attractive offers and brands will look to build on this rising demand. Although external SSD market is growing, the external HDD will maintain its current demand. Brands focus on producing compact, unique, secure and affordable HDDs will amp up the external HDD market.”
Notes for Editors
- Cyber Media Research (CMR) is a pioneering market intelligence and consulting firm that runs a comprehensive quarterly market update on the India Consumer Storage market. CMR’s India Quarterly Hard Drives Market Review covers External HDD, NAS, Surveillance HDD sold via distributors and retail outlets. The report accounts for ‘legal’ shipments, but does not include bundled or ‘grey’ market shipments or units brought from abroad by individuals as a part of personal baggage.
- CMR uses the term “shipments” to describe the number of hard drive devices leaving the factory premises for OEM sales or stocking by distributors and retailers. For the convenience of media, the term ‘shipment’ is sometimes replaced by “sales” in the press release, but this reflects the market size in terms of units of hard drive devices and not their absolute value.
– ENDS –
About CyberMedia Research and Services Ltd
A part of CyberMedia (www.cybermedia.co.in), South Asia’s largest specialty media and media services group, CyberMedia Research (CMR) has been a front runner in market research, consulting and advisory services since 1986.
CMR offers research-based insights and marketing consultancy services – market intelligence, market sizing, stakeholder satisfaction, growth opportunity identification, incubation advisory, and go-to-market services – covering the Information Technology, Telecommunications, Semiconductors, Electronics & Smart Infrastructure, Government, Energy & Utilities and Lifesciences sectors, as well as the large enterprise, SMB and consumer user segments.
CMR’s core value proposition encompasses a rich portfolio of syndicated reports and custom research capabilities across multiple industries, markets and geographies. CMR’s forthcoming studies include stakeholder satisfaction surveys, mega spender assessments and market mapping studies for these domains.
CyberMedia Research, a division of Cyber Media Research and Services Ltd., is a member of the Market Research Society of India (www.mrsi.in).