Technavio Announces the Publication of its Research Report Global Peripheral Component Interconnect Express (PCIe) SSD Market 2016-2020
Technavio recognizes the following companies as the key players in the global peripheral component interconnect express (PCIe) SSD market: Intel, Micron, Samsung, Seagate, Western Digital, and Toshiba.
Other Prominent Vendors in the market are: ADATA, Apacer, IBM, Kingston Technology, Memblaze, Nimbus Data Systems, OCZ, SK Hynix, and Violin Memory.
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Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be rise in investments in emerging memory technology. The 3D NAND flash memory market is a new market where manufacturers are investing a lot of capital. Some companies such as Samsung, Micron, and Intel have already invested to extend their product portfolios. Toshiba, in collaboration with SanDisk, is investing huge funds to develop 3D NAND. Samsung, SanDisk, and Toshiba, and Intel and Micron are likely to invest more than $18 billion in the manufacturing of 3D NAND during the forecast period. Intel has plans to invest up to $5.5 billion to manufacture flash memory in its China-based memory chip plant during the forecast period. Hence, increasing investments in 3D NAND technology will boost the global PCIe SSD market during the forecast period.
According to the report, need for managed service data centers will be a key driver for market growth. It is advantageous for an enterprise to operate a colocation facility rather than to build a data center. Data center colocation allows enterprises to rent computing storage, servers, and network. It enables minimal utilization of power and bandwidth and enhances the security of enterprise IT equipment.
Further, the report states that the lack of availability of constant low latency is a major challenge. Write latency can be masked with write-back caching. However, read latency cannot be hidden. SSD latencies are usually for a couple of hundred microseconds. In certain cases, when access is interrupted by the device’s internal tasks, SSD’s latency can exceed tens of milliseconds or even to a few seconds. The situation is further complicated by the lack of coordination across an array of devices. This results in unpredictable performance of I/Os due to uncoordinated internal tasks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Solid-State Drive
A solid-state drive (SSD) is a kind of an electronic disk that is built out of silicon microchips and is used for data storage. It uses the same I/O interface design as hard disk drives and stores data in solid-state memory in the form of electric charge. It is made out of silicon microchips. Dynamic random access memory (DRAM) and negated AND (NAND) are most commonly used storage components used in many devices. Semiconductor-based devices such as NAND have no mechanical or moving parts. This reduces the risk of failure and allows higher read and write speeds in SSDs. The number of applications of SSDs has also increased as they can withstand extreme shocks, consume less power, deliver high consistency, and can be integrated into devices that are used in harsh environments.
Technavios analysts forecast the global peripheral component interconnect express (PCIe) SSD market to grow at a CAGR of 33.24% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global peripheral component interconnect express (PCIe) SSD market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of PCIe SSDs to the enterprise segment.
The market is divided into the following segments based on geography:
Technavio’s report, Global Peripheral Component Interconnect Express (PCIe) SSD Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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