Solid State Drive (SSD) Market Growth by Manufacturers, Regions, Type and Application, Forecast to 2022


Global Solid State Drive Market on the basis of capacity as <250 GB, 250 GB to <500 GB, 500 GB to <750GB, and >750 GB. A type of storage instrument that is employed for safekeeping of the data permanently is known as a solid-state drive. It generally utilizes an assembly of incorporated circuits as memory. It is also popularly known in its abbreviated form as SSD. It is said that there are no moving components in these devices. In order to keep hold of the data devoid of any power, the tool makes use of NAND-flash memory chips. It is generally faster in nature and offer enhanced performance than HDDs. It has been observed that the product is gaining huge recognition in mobile and handheld instruments like notebooks as primary storage across the globe due to its augmented applications and benefits. Due to burgeoning demands and prerequisites, the manufacturers are emphasizing on progressing the devices with enhanced competence.

            

The key factors that are playing a major role in raising the market share may include rise in the industrialization, urbanization, technological advancements, rise in the investments by the leading manufacturers, advanced benefits of SSDs over HDDs, rise in the frequency of data centers, increase in the production of cloud computing, and burgeoning big data functions across various sectors. Besides, the initiation of the cloud technology is also contributing to a great extent in the market growth. The only factor that is hampering the market growth entails soaring costs of the product. Owing to all the above-mentioned factors, it has been estimated that the Solid State Drive Market will witness a huge upsurge in the upcoming years.

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Solid State Drive Market on the basis of interface as PCIe, SATA, and SAS. Among all the interfaces, the SATA segment is taking up the largest share. Solid State Drive Market is segmented on the basis of end user as Client, Enterprise, and others. Among all the segments, the Client segment is covering the largest share. Solid State Drive Market is segmented on the basis of application as Entertainment Devices, Video Storage, Data Centers, Desktop PCs, Notebooks/Tablets, and others. Solid State Drive Market on the basis of geographical location as North America, Europe, China, Japan, Southeast Asia, and India.

As far as the geographical region goes, Asia Pacific is currently leading the market and it is simultaneously accounting for the largest share in the market, the reason being intensification of consumer base, development of consumer electronics market, and augmented expenditure in the IT infrastructure particularly in countries like China, Taiwan, South Korea, and India. In contrast, North America and Europe are also displaying a robust growth in the market due to emergence of huge market opportunities in the particular region, rise in the industrialization, urbanization, rise in the adoption levels, increasing awareness among the end users regarding its efficiency, and rise in the investments by the leading manufacturers.

Market Segment:

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Solid State Drive (SSD) in these regions, from 2012 to 2022 (forecast), covering

• United States
• EU
• China
• Japan
• South Korea
• Taiwan

Global Solid State Drive (SSD) market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Intel Corp. (US)

• Micron Technology, Inc. (US)
• SanDisk Corp. (US)
• Samsung (Korea)
• Toshiba Corp. (JP)
• Kingston (US)
• Hewlett Packard (US)

The key players operating in the Solid State Drive Market are recognized as SanDisk Corp., Toshiba Corp., Micron Technology, Inc., Microsemi Corp., Kingston Technology Corp., Intel Corp., Hitachi Global Storage Technology (HGST) Inc., Samsung Electronics, Lite-On Technology Corp, and Seagate Technology plc.

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