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Why would anyone need this much space? I can't even fill a TB between my desktop and backup drive combined, and that includes a lot of game and some movie backups.
Lots of photos. It’s so easy to take photos, and with Live Photo’s (or whatever the mini video clips are called), that storage fills up even faster.
1) A terabyte holds 250,000+ full-res, jpg photos. To reach that number, you'd have to more than 60 photos a day for 10 years.

2) Most phones come with free (or very cheap) cloud photo backup, so many people won't even have most of their photos on local storage. Pros and other heavy photo takers could just back their phones up to a physical drive that costs very little.