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How Much Can Seagate's HDD Revenue Grow Over The Next Three Years?

Seagate Technology’s (NASDAQ: STX) HDD (hard disk drive) revenue will likely decline at an average annual rate of 2.1% from $10.60 billion in fiscal 2018 to $9.94 billion in fiscal 2021, according to Trefis estimates. This decline will likely be led by slower enterprise demand. Seagate is a storage company, and most of its revenues (around 90%) come from HDD sales, unlike some of its peers, such as Western Digital, which also sell solid-state drives. In this analysis, we compare Seagate’s HDD growth and performance vis-à-vis its primary competitor ~ Western Digital ~ and provide an outlook of the future course of business. You can view our interactive dashboard analysis ~ How Much Can Seagate’s HDD Revenue Grow Over The Next Three Years? ~ for more details. In addition, you can see more of our data for information technology companies here. How Much Has Seagate’s HDD Revenue Grown Since 2016? Seagate’s HDD sales grew from $10.20 billion in fiscal 2016 to $10.60 billion in fiscal 2018...