\ Solid State Drive (SSD) Market Worth 60.22 Billion USD by 2023
Company News: Page (1) of 1 - 10/12/17

Solid State Drive (SSD) Market Worth 60.22 Billion USD by 2023

 

October 12, 2017 --

PUNE, India, October 12, 2017 /PRNewswire/ --

According to the new research report "Solid State Drive (SSD) Market by Form Factor (2.5", 3.5", M.2, U.2/SFF 8639, FHHL/HHHL), Interface (SATA, SAS, PCIe), Technology (SLC, MLC, TLC), End-user (Enterprise, Client, Industrial, Automotive), and Geography - Global Forecast to 2023", published by MarketsandMarkets , the market is expected to be worth USD 26.47 Billion in 2017 and USD 60.22 Billion by 2023, at a CAGR of 14.68% between 2017 and 2023. The growth of this market is mainly driven by the increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and advantages of SSDs over HDDs.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 67 Market Data Tables and 46 Figures spread through 160 Pages and in-depth TOC on "Solid State Drive (SSD) Market - Global Forecast to 2023"


http://www.marketsandmarkets.com/Market-Reports/solid-state-drives-market-75076578.html

Early buyers will receive 10% customization on this report

Market for SATA interface solid state drive held the largest size in 2016 

The large market of SATA interface solid state drive is mainly attributed to the low price of SSDs compared to SSDs with SAS and PCIe interfaces. In addition, old desktop PCs support only SATA interface for the upgrade of storage from HDDs to SSDs. This is driving the demand for SSDs with SATA interface during the forecast period.

Market for half height, half length (HHHL); or; even bigger form factor; full height, half length (FHHL) form factor-based solid state drive is expected to grow at the highest rate during the forecast period 

Most of the PCIe SSDs are manufactured in form factors such as half height, half length (HHHL); or; even bigger form factor; full height, half length (FHHL). The market for PCIe interface is expected to dominate the use of all other available interfaces owing to high speed and enhanced performance scaling. Therefore, the market for FHHL and HHHL is expected to grow at the highest CAGR during the forecast period

Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=75076578

Solid state drive market in enterprise held the largest size in 2016 

An increasing number of enterprise applications require high performance storage, constant uptime, high throughput, power efficiency, and high reliability; SSDs meet all these requirements of enterprise applications, thereby creating enterprise data centers more dynamic. SSDs for data centers offer high speed, mass volume, and energy-efficient hierarchical storage. SSDs based on the non-volatile memory technology are widely used for mass storage and high-functionality storage. Also, the PCIe interface used in SSDs is a high-speed bus interface that provides enterprise systems with a high data-transfer speed, which helps companies manage heavy workloads with high reliability and efficiency.

North America accounted for the largest share of the solid state drive market in 2016 

North America is a key market for notebooks, laptops, and tablets. With more emphasis on speeding up data transfer, the dynamics of computing has changed for notebook, tablet, and laptop developers in this region; hence, there has been a strong push for using SSDs in these devices to save time, speed up data transfer, and achieve high-performance level. In addition, the replacement rate of traditional hard disk drives with SSDs is high in North America.

Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=75076578

Samsung (South Korea), Intel (US), Western Digital (US), Micron (US), and Toshiba (Japan) are the major players included in the report with market share analysis. The report also covers various innovators involved in the solid state drive market. Viking (US), Adata (Taiwan), Foremay (US), BiTMICRO Networks (US), and Crossbar (US) are a few innovators in the solid state drive market that offer disruptive products. Also, Diablo Technologies (Canada) and Violin Memory (US) are a few emerging companies in the market.

Browse Related Reports 

Non-Volatile Memory Market by Type (Flash (NAND, NOR), EEPROM, NVSRAM, Embedded, EPROM, 3D NAND, MRAM/STTMRAM, FRAM, RERAM/CBRAM, 3D XPOINT, NRAM), End-User Industry, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/non-volatile-memory-market-1371262.html

Next-Generation Data Storage Market by System (Direct-Attached, Network-Attached, Storage Area Network, Software-defined, Cloud, Unified), Architecture (File, Object, Block), Technology (Magnetic, Solid-State), and Industry - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/next-generation-data-storage-market-12592401.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets  

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Rohan
MarketsandMarkets INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets

Copyright 2014 PR Newswire. All Rights Reserved

Page: 1
Related Keywords:Applications, Productivity Applications, Software Development, Cloud Computing, Other Applications, Computers/Peripherals, Input/Output, Network (LAN), Notebook/Laptop/Tablets, PDF, Anim, Storage, Cloud, IT (Information Technology), Enterprise Applications, Other,

Source:PR Newswire. All Rights Reserved

Our Privacy Policy --- @ Copyright, 2015 Digital Media Online, All Rights Reserved

Webmaster
Privacy.