Hard drive industry unfazed by flash drives
Some people are worried that the superior technology in flash-based solid-state-drives (SSD's) might make a serious dent in the hard disk drive (HDD) market. However, according to market analysis firm TrendFocus, the hard drive industry is actually looking at a projected growth. Thanks to perpendicular recording technology, which reduces the cost to shove more data on a disk, the hard drive market is expected to grow an impressive $33 billion USD. The enormous growth projection is also due to the growing IT markets in India and China.