HDD manufacturers do seem to see trouble brewing. Eg, one interesting thing to me is that hard disks are getting more complex. We now have:
* Helium
* HAMR
* SMR
* Dual actuators
Helium and HAMR improve density, but add cost. SMR improves density but results in drives that need special handling. Dual actuators improve performance, but increase points of failure.
Things like HAMR and SMR seem to be a sign that there's not that much more density to squeeze out without taking special measures.
One problem is that as drives get larger and larger, RAID sync times keep on growing. Even assuming faster RPM drives and multiple actuators it seems we're getting quite closer to where this becomes a serious problem.