Seagate is planning to release the immense 16TB hard drive sometime next year. Currently, it offers 10TB which is the biggest capacity HDD.

Back in 2013, Seagate hoped to release a 20TB HDD by 2020. Seems like they are very close to it. As written in PC World, the company plans to ship 14TB and 16TB hard drives over the next 18 months, company executives said on an earnings call last week.

A 12TB hard disk drive based on helium technology is being tested, and the feedback is positive, said Stephen Luczo, the CEO. Mostly enterprises demand high-capacity drives and also some consumers who can afford.

As written in Techno Buffalo, enterprise users looking to slim down existing bays are going to want these new drives, since it let them store more information on fewer drives, usually saving energy if there are hundreds of these running in a single data room.

Seagate currently priced 10TB hard drives starting at around $400. However, hard drives are losing market share because of solid-state drives aka SSDs because it is faster and power-efficient. SSDs are being installed in many PCs.

Hard drive somehow manages to stay in the market because of the cost factor. SSDs are more expensive than HDDs. Also, HDD can offer more storage than SSDs. Large organisation needs bigger capacity drives to store a large amount of data.

The demand for surveillance camera is increasing day by day in which recorded data is stored on hard drives. Seagate is trying to increase the storage capacity of pen drive and wants to increase the minimum hard drive capacity to 1TB in PCs.

On the other side, Seagate has also taken a lead in SSDs and it is about to ship 60TB SSDs this year. If it releases 16TB hard drives in next 18 months they sure will achieve their 20TB target in 2020.

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