Shingled Magnetic Recording Market Set for Remarkable Growth: Forecasts a 20.7% CAGR between 2022 and 2032, Reports FMI

The market for shingled magnetic recording is anticipated to expand at a robust CAGR of 20.7% from 2022 to 2032. It is currently valued at US$ 1.6 billion, but by then, it’s anticipated to be worth US$ 10.6 billion. Previously, the market grew at a slower CAGR of 19.3% from 2016 to 2021. One of the technologies with the quickest growth …

Shingled Magnetic Recording Market is forecasted to reach the value of US$ 10.6 Billion by 2032

Shingled Magnetic Recording (SMR) is one of the fastest growing technologies due to increase in the demand to improve capacity of hard disk drive and to recover data from archived hard disk drive. The shingled magnetic recording market is thriving at a robust CAGR of 20.7% through 2032, while it holds a revenue of US$ 1.6 Billion in 2022 and is forecasted …