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NAICS 334112 Quarterly Industry Report

Computer Storage Device Manufacturing

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 334112Sector: 33Updated: Q1 2026

About This Report

This Fair Market Value industry profile for NAICS 334112 integrates Census Bureau[5] economic data, Bureau of Labor Statistics[6] sector surveys, and SBA[7] size standards for the storage device sector. Our research team tracks international trade flows and federal procurement patterns relevant to domestic storage manufacturing. Quarterly updates ensure this NAICS 334112 profile reflects current Census indicators and SBA regulatory changes.

Industry Snapshot

Key metrics for the computer storage device manufacturing industry.

Establishments
270
2024 annual average[1]
5-Year Growth
-57.1%
Establishment count, 2017–2022[2]
Avg. SBA Loan
$175K
7(a) program, FY 2025[4]
Industry Revenue
$5M
2022 Economic Census[2]
Share of Sector
0%
By establishment count, 2022 Census[2]
NAICS Sector
33

Industry Definition & Overview

Computer Storage Device Manufacturing (NAICS 334112) encompasses establishments primarily engaged in manufacturing devices that store and retrieve digital data using magnetic, solid-state, optical, or hybrid storage technologies. Products include hard disk drives, solid-state drives, magnetic tape storage units, optical disc drives, flash storage arrays, enterprise storage systems, and external storage devices designed for consumer, commercial, and enterprise data management applications. The U.S. Census Bureau[5] identifies roughly 167 active establishments employing an estimated 6,800 workers. Revenue reached $5.9 billion based on Census economic survey data, with annual payroll exceeding $540 million. The sector has undergone substantial consolidation as hard disk drive manufacturing moved overseas. Remaining domestic operations focus on enterprise solid-state storage systems, flash array controllers, tape library systems, and defense-grade storage products where domestic production provides security and customization advantages. Per the Bureau of Labor Statistics[6], occupations include electrical engineers, firmware developers, clean room technicians, and quality assurance specialists. Semiconductor memory chips, controller ASICs, printed circuit boards, aluminum or glass disk platters, and precision spindle motors represent primary material inputs. Domestic manufacturers increasingly concentrate on storage system integration and firmware development rather than component-level drive manufacturing, which occurs predominantly in Southeast Asian production facilities operated by a small number of vertically integrated global manufacturers.

What's Included in This Industry

  • Hard disk drive manufacturing for desktop, laptop, and enterprise applications
  • Solid-state drive production using NAND flash memory technology
  • Enterprise storage array and flash storage system manufacturing
  • Magnetic tape drive and tape library system production for data archival
  • Optical disc drive manufacturing including CD, DVD, and Blu-ray units
  • External and portable storage device manufacturing for consumer markets
  • Network-attached storage appliance manufacturing for business users
  • Storage controller card and host bus adapter production
  • Defense-grade encrypted storage device manufacturing
  • Data storage backup unit manufacturing for disaster recovery systems

NAICS Classification Hierarchy

NAICS classification hierarchy for 334112
LevelDescriptionCode
SubsectorComputer and Electronic Product Manufacturing334
Industry GroupComputer and Peripheral Equipment Manufacturing3341
NAICS IndustryComputer and Peripheral Equipment Manufacturing33411
National IndustryComputer Storage Device Manufacturing334112

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
334111Electronic Computer ManufacturingManufactures electronic computers that incorporate storage devices as primary data retention components within complete computing system assemblies
334118Computer Terminal and Other Computer Peripheral Equipment ManufacturingProduces computer peripherals including external device interfaces and controllers that connect storage products to host computer systems
334413Semiconductor and Related Device ManufacturingManufactures semiconductor memory chips including NAND flash and DRAM that serve as core storage media inside solid-state drives and storage arrays
334418Printed Circuit Assembly (Electronic Assembly) ManufacturingProduces printed circuit assemblies including storage controller boards and host bus adapters used in enterprise storage system manufacturing
334290Other Communications Equipment ManufacturingManufactures other communications equipment that may integrate embedded storage systems for network data recording and buffering functions
334519Other Measuring and Controlling Device ManufacturingProduces measuring and testing instruments that incorporate data logging storage systems for recording measurement and sensor output data

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Computer Storage Device Manufacturing
#State% Est.Total Est.
1California
60.0%
30
2Texas
10.0%
5
3Massachusetts
10.0%
5
4Colorado
8.0%
4
5Wisconsin
6.0%
3
6Minnesota
6.0%
3
Source: County Business Patterns, U.S. Census Bureau[3]

SBA Lending Summary

8
Total SBA Loans
$1.4M
Total Loan Volume
$175K
Average Loan Size
10 yrs
Average Loan Term
9.50%
Average Interest Rate
24
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: The SBA[7] assigns NAICS 334112 a size standard of 1,250 employees. Domestic storage device firms increasingly focus on enterprise systems, firmware, and defense products rather than commodity drive manufacturing. Many of these specialized firms qualify as small businesses and can access SBA 7(a) loans[8] for product development equipment, testing infrastructure, and facility investments. Additionally, 504/CDC loans[9] provide long-term, fixed-rate financing for major fixed assets such as real estate and equipment.

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1Univest Bank and Trust Co8$1.4M$175K
View Full SBA Lending Details for NAICS 334112Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Frequently Asked Questions

Common questions about this industry.

What types of businesses manufacture computer storage devices?
Storage manufacturers range from large multinational corporations producing millions of hard drives and SSDs annually to specialized domestic firms building enterprise flash arrays, tape library systems, or military-grade encrypted storage. Some companies focus on storage controller firmware and system integration. Others manufacture RAID arrays and network-attached storage appliances for business customers. Defense contractors produce tamper-proof and FIPS-validated storage for government classified data handling.
How is the computer storage device manufacturing industry structured?
The U.S. Census Bureau[5] reports roughly 167 establishments employing about 6,800 workers with revenue reaching $5.9 billion. Global hard drive manufacturing consolidated into a few major firms operating primarily in Asia. Domestic operations concentrate on enterprise storage system integration, flash array manufacturing, defense storage products, and tape library systems where U.S.-based production offers supply chain control and security clearance advantages for government customers.
What is the SBA size standard for storage device manufacturers?
The SBA[7] sets the size standard at 1,250 employees for NAICS 334112. Many domestic storage firms focused on enterprise systems and defense products operate well below this threshold. Qualifying manufacturers gain access to federal small business procurement preferences and SBA-guaranteed loan programs supporting product development and manufacturing infrastructure.
What NAICS codes are related to computer storage manufacturing?
Electronic computer manufacturing (334111) produces the host systems using storage devices. Semiconductor manufacturing (334413) produces NAND flash and DRAM memory chips. Per the Census Bureau[10], printed circuit assembly (334418) covers controller boards and host adapters, while peripheral equipment manufacturing (334118) includes external device interfaces connecting storage to computing platforms.
What industries purchase computer storage devices?
Data center operators (518210) represent major volume buyers of enterprise SSDs and storage arrays. Computer wholesalers (423430) distribute storage products through dealer channels. Systems integrators (541512) deploy storage solutions in enterprise IT projects. According to the BLS[6], cloud computing expansion and data growth trends drive sustained demand for high-capacity enterprise storage across financial services, healthcare, government, and media sectors.
What products and activities does NAICS 334112 include?
This classification covers manufacturing of hard disk drives, solid-state drives, tape drives, tape library systems, optical disc drives, external storage devices, flash arrays, network-attached storage appliances, storage controller cards, host bus adapters, and encrypted defense storage units. Production activities include clean room assembly, precision component integration, firmware programming, performance benchmarking, environmental stress testing, and quality assurance validation.
Can storage device manufacturers access SBA financing?
Manufacturers with fewer than 1,250 employees qualify for SBA loan programs[11] including 7(a) loans up to $5 million and 504 fixed-asset financing. Common applications include purchasing automated test equipment, clean room infrastructure, surface mount production lines, and environmental testing chambers. Working capital lines support semiconductor component procurement with long international lead times.
Where are computer storage manufacturers concentrated in the United States?
Storage device manufacturing clusters in Silicon Valley, Austin, Colorado Springs, and the Research Triangle area in North Carolina according to Census geographic data[12]. These locations offer proximity to semiconductor suppliers, firmware engineering talent, and major data center customers. Defense storage manufacturers operate near government technology hubs in Maryland, Virginia, and Massachusetts where security clearance infrastructure supports classified product development.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov
  3. [3]U.S. Census Bureau, County Business Patterns census.gov
  4. [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
  5. [5]U.S. Census Bureau data.census.gov
  6. [6]Bureau of Labor Statistics bls.gov
  7. [7]SBA sba.gov
  8. [8]SBA 7(a) loans sba.gov
  9. [9]504/CDC loans sba.gov
  10. [10]Census Bureau census.gov
  11. [11]SBA loan programs sba.gov
  12. [12]Census geographic data census.gov

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