Solid-State Drive (SSD) Market Size was valued at USD 27.9 billion in 2021. The solid-state drive (SSD) market industry is projected to grow from USD 32.1 Billion in 2022 to USD 86.5 billion by 2030, showing a 15.2% compound annual growth rate (CAGR) for the anticipated timeframe (2022 - 2030).
With the rising uses of connected & wearable devices,
the market value is projected to accelerate during the next few years.
According to Market Research Future (MRFR), the global solid state drive market
valuation is estimated to grow at a significant CAGR throughout the review
period (2022-2030). Technological advances in storage technologies accelerate
the growth of the market.
Many organizations now prefer to use flash-based storage
systems as secondary storage due to their storage stability and the enhanced
backup and data recovery performance. Moreover, rising usages of the internet
and smart connected devices foster the solid state drive industry, generating
the data. The increasing demand for solid state drive positively impacts the
market growth.
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Solid State Drive Market- Segments
The report is segmented into interfaces, form factors,
storage, technologies, end-users, and regions. The interface segment is
sub-segmented into SATA, SAS, PCIe, and others. The form factor segment is
sub-segmented into 8”/2.5”, 5”, 2”, 2 (SFF 8639), FHHL, and HHHL.
The technology segment is sub-segmented into SLC, MLC
planar, MLC 3D, TLC planar, TLC 3D, and others. The storage segment is
sub-segmented into under 500 GB, 500 GB–1 TB, 1 TB – 2 TB, above 2 TB. The
end-user segment is sub-segmented into enterprises, client, industrial,
automotive, and others.
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Regional Analysis:
The essential world Solid State
Drive market is projected to grow at an essential rate during the assessed
period from 2018 to 2023. The North American locale is projected to lead the
SSD market because of rising interest for present-day and proficient figuring
frameworks, essential reception of distributed computing, and heightening
enormous information examination. Asia-Pacific is the major and greatest market
attributable to the more popularity from nations like China, Taiwan, India, and
Japan. The essential market in this area is shown by the expanding utilization
of distributed computing in associations and the improvement of server farms.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions &
Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces
Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of
Global Solid-State Drive Market
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