The solid state drive (SSD) market is growing rapidly, mainly due to augmenting demand for highly scalable memory devices. Besides, the increasing adoption of SSD to reduce storage costs per gigabyte while enhancing storage performance boosts the market size. Increasing needs for advanced data tiering and distributed storage solutions impact the market growth positively.
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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