The popularity of pricey CD-RW and DVD-ROM drives has caused an upsurge in the removable storage market, and looks likely to increase as the need for capacity soars.
“The resurgence in revenue growth is mainly due to the increased importance of CD-RW technology,” said Wolfgang Schlichting, research manager for IDC’s Removable Storage program. “CD-RW has gained much momentum as a viable upgrade to CD-ROM.”
According to IDC, the value of shipments will increase from $10.5 billion in 2000 to $15.4 billion in 2004. In 1999, shipments soared 28% to 157 million, and by 2004 IDC expects them to surpass 289 million.
DVD-ROM will slowly replace CD-ROM in many PC systems.
“DVD-ROM had exceptional growth in 1999,” said Schlichting. “This growth will continue as the need for more capacity increases. DVD technology will only gradually transition from read-only to DVD-recordable technologies.”
IDC believes that on the strength of CD-RW’s success, the CD/DVD-Rec segment will be the fastest-growing drive type of the overall removable storage market.
IDC recently published the Optical/Removable Storage Market Forecast and Analysis, 2000-2004, which analyzes the worldwide markets for CD-ROM, DVD-ROM, CD-R, CD-RW, power drive, DVD-Rec, 3.5inch magneto-optical, 5.25inch optical, 12/14inch Worm, and low- and high-end magnetic removable disk drives.