Solid State Drive Market Analysis Report of Industry Trends, Insights and Forecasts 2017 to 2020

The Solid State Drive Market is projected to grow at a CAGR of 14.68%between 2017 and 2023. The Solid State Drive Market is growing and the experts have predicted the future stats of Solid State Drive. Solid State Drive Market report contains the top corporate profiles and strategies with industry analysis and trends.

Complete report is now available on 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 at http://www.rnrmarketresearch.com/solid-state-drives-market-by-capacity-interface-sata-sas-pcie-end-user-enterprise-client-application-data-centers-desktop-pcs-notebooks-tablets-entertainment-devices-video-storage-and-region-globa-st-to-2022-market-report.html

The solid state drive market has entered its growth phase and is expected to grow further in the coming years. The market for solid state drive is likely to be valued at 26.47 billion in 2017 and USD 60.22 billion by 2023, at a CAGR of 14.68% between 2017 and 2023. The drivers for this market are the increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and advantages of SSDs over HDDs. The main restraints for this market are inconsistency in low-rate latency offered by SSDs and the high cost of SSDs.

The market for PCIe interface SSD is expected to grow at the highest CAGR during the forecast period. This is owing to the advantages offered by PCIe such as high speed, enhanced performance scaling, and detailed error detection and reporting over other interfaces. The demand for PCIe interface is growing rapidly in the solid state drive market because of its advanced features such as low latency and high performance.

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Break of primary participants in Solid State Drive Market was as mentioned below:

By Company: Tier 1 = 25 %, Tier 2 =55%, and Tier 3 =20%

By Designation: C-level Executives = 30%, Directors =30%, and Others =40%

By Region: North America = 45%, Europe = 17%, APAC = 30%, and RoW = 8%

Major players of Solid State Drive Market Report are:

Some of the prominent players in the Solid State Drive market include Samsung (South Korea), Intel (US), Western Digital (US), Micron (US), Toshiba (Japan), Kingston (US), Lite-On (Taiwan), Seagate (Ireland), SK hynix (South Korea), Microsemi (US).

FAQ’s regarding the Solid State Drive Market Report are:

Market Penetration of Solid State Drive Market Report:
Comprehensive information on the product portfolios of the top players in the Solid State Drive market

Product Development/Innovation of Solid State Drive Market Report:
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Solid State Drive market

Competitive Assessment of Solid State Drive Market Report:
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Solid State Drive market

Market Development of Solid State Drive Market Report:
Comprehensive information about emerging markets. This report analyzes the market for various Solid State Drive products across geographies

Market Diversification of Solid State Drive Market Report:
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Solid State Drive market

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2.5” SSD comes at a low cost per IO than all other form factors. 2.5’’ form factor supports all types of interfaces including SATA, SAS, and PCIe. 2.5” SSD is an effective form factor considering all its features such as ruggedness, scalability, serviceability, and others and is expected to be adopted on a large scale during the forecast period.

The rapidly growing consumer electronics market and the increasing adoption of SSDs in electronic devices is expected to boost the solid state drive market in APAC. Also, China’s semiconductor giants such as Huawei Technologies and Tsinghua Uni Group, and Taiwanese companies such as Mediatek focus on the development of SSD controllers, which would further help increase the demand for SSDs.

On an unrelated note, another research titled with Universal Flash Storage Market by Capacity (32 GB, 64 GB, 128 GB, 256 GB, 512 GB), Configuration, End Use (Automotive Electronics, Digital cameras, Gaming Consoles, High-Resolution Displays, Smartphones), Application, and Geography – Global Forecast to 2023. The universal flash storage market is estimated to grow from USD 3.59 billion in 2017 and is estimated to reach USD 9.97 billion by 2023, at a CAGR of 18.6% during 2017–2023. Now available at http://www.rnrmarketresearch.com/universal-flash-storage-market-by-capacity-32-gb-64-gb-128-gb-256-gb-512-gb-configuration-end-use-automotive-electronics-digital-cameras-gaming-consoles-high-resolution-displays-smartphones-applicatio-st-to-2023-market-report.html  

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