Learn about actual and potential costs
How much should I pay for Hard Disk Drives?
What is the average price of Hard Disk Drives?
This procurement report includes pricing information to help you purchase Hard Disk Drives. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Hard Disk Drives been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Hard Disk Drives yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Hard Disk Drives?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Hard Disk Drives with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Market share concentration in the HDD market is high. The top three vendors are Western Digital, Seagate and Toshiba, and together they account for more than 50.0% of total market revenue. These vendors are well-established in multiple computer peripheral markets, especially data storage devices, allowing them to command significant market... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What types of technical issues have you experienced with your HDDs?
How often do you experience defects with your HDDs? To what degree are in-process inspections and process controls carried out?
What is your acceptable margin of error for the HDDs I am seeking to purchase?
How many recalls have you had on HDDs? Were they voluntary or mandated? What problems created the need for the recalls? How have you handled these recalls?
Supply Chain Risk
How many suppliers do you source from?
Where are your input suppliers located?
Have you ever experienced a price spike from one or more of your suppliers? How did you cope with the spike?
How often do you evaluate your supply chain's prices to ensure they are still competitive?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?
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Key elements for every RFP
What should my RFP include?
Buyers should specify their budgets for HDDs and related services and goods.
Buyers should indicate when payment occurs (e.g. upon award of the contract or over a period of time).
Buyers should look for vendors that offer hardware and software solutions that meet the requirements of the RFP.
Buyers should evaluate vendors based on previous client testimonials and their ability to provide quality customer service.
Buyers should evaluate providers based on the estimated costs of the device and services.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include the date and time when proposals are due and when award information will be available.
Buyers should provide the RFP schedule and expected timeline for product delivery, installation and operationality.
Evaluate major factors to mitigate risk
How risky is the supply chain?
While the supply chain risk for HDDs is typically low, it has been elevated to a moderate level in 2020 as a result of the coronavirus pandemic. Partial or full manufacturing plant shutdowns have disrupted production for HDDs and their components, which have increased the risk of buyers facing HDD... Subscribe to learn more.