Heat-Assisted Magnetic Recording Device Market Share, Growth Factors, Comprehensive Research 2027

 Market Analysis

Market Research Future (MRFR) estimates the global heat-assisted magnetic recording (HAMR) device market Size to reach USD 287.42 million at a CAGR of over 38.8% from 2021 to 2030 (forecast period).

Images and video created or consumed for entertainment, video, and images from functional applications such as advertising and security, productivity-driven data such as files on PCs and servers, system logs, and significant amounts of databases created by embedded devices, machine to machine, and IoT are all examples of data-generating devices. All of this leads to more data as more traditional material is converted to digital, entertainment collections grow, and video and audio resolution improve. Furthermore, increased drive capacity, higher performance, and steadily reducing prices per megabyte of storage are features that have piqued the curiosity of computer users. 

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Market Segmentation

The global Heat-assisted magnetic recording (HAMR) device Market Size has been segmented on the basis of application.

By application, the global heat-assisted magnetic recording (HAMR) device market Size has been segmented into laptop/notebook, servers, desktops, and others. 

Regional Analysis

North America to Dominate the Global Market

In 2020, North America held the greatest market share of 39.9%. HAMR-enabled hard drives are predicted to be widely used due to price differentiation and increased data storage capacities due to reduction in grain size and improved signal noise.

The UK to Witness Growth in the Global Market

Due to the government's digital transformation strategy, the United Kingdom is one of the region's fastest adopters of heat-assisted magnetic recording devices. IT managers from large enterprises are updating their core software systems and increasing IT spending on the adoption of IoT, AI, and blockchain to improve productivity in day-to-day business operations.

China to Grow at an Exponential Rate

China has risen at an exponential rate, which has benefited the country's total economy. Furthermore, the country aspires to be a global leader in innovation, a technological powerhouse, a manufacturing hub with inexpensive labor, and other macro and microeconomic factors.

Key Players

Key players active in the global heat-assisted magnetic recording (HAMR) device market include Western Digital Corporation (US), Seagate Technology LLC (US), and Toshiba Corporation (Japan).

Industry News

In November 2020, Seagate Technology released a product that uses heat-assisted magnetic recording (HAMR) technology in its forthcoming hard drives. This innovative technology reduces grain size while improving signal noise, although it is more expensive than its perpendicular magnetic recording (PMR) counterparts due to the necessary laser heating diode.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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