DUBLIN--(BUSINESS WIRE)--The "Solid State Drive Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.
The Solid State Drive (SSD) market is expected to expand at a CAGR of 17.80% to grow to US$36.455 billion by 2022, from US$16.071 billion in 2017.
This market is primarily driven due to the factors such as high demand for these drives in data centers owing to the need of faster, cheaper and denser storage. Rapidly declining prices, performance improvement due to the formation of NVMe, and surge in cloud customers are some of the key factors for the market growth. Solid State Drives also offer various advantages, such as reduced latency and boot time, less power and space consumption, more resistance to physical shocks among others. Increasing development of high capacity SSDs is lucrative growth potential of this market throughout the forecast period.
By interface, global SSD market is segmented as SATA, SAS, and PCle. SATA will account for the largest market share of global SSD market during the forecast period. The old desktop PCs support only SATA interface for upgrading from HDDs to SSDs, thereby driving the growth of this market segment. Moreover, lower price of SATA than other interfaces will also bolster the growth of this segment over the forecast period.
- Samsung Electronics
- Kingston Technology Corporation
- Lite-On Technology Corporation
- Intel Corporation
- HGST, Inc.
- Micron Technology
- Toshiba Corporation
- SK Hynix, Inc.
- Microsemi Corporation
- Seagate Technology PLC
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. SSD Market Forecast by End-User (US$ Billion)
6. SSD Market Forecast by Application (US$ Billion)
7. SSD Market Forecast by Interface (US$ Billion)
8. SSD Market Forecast by Geography (US$ Billion)
9. Competitive Intelligence
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/7nmmcw/solid_state_drive