LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global enterprise SSD controller market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
According to Technavio market research analysts, the global enterprise SSD controller market will grow at a CAGR of close to 26% during the forecast period. The increasing demand for enterprise storage is a major factor driving the market’s growth.
The demand for enterprise storage is increasing in various industries. The advent of Big Data has enabled organizations across the world are generating a significant volume of data that must be stored in diverse systems, databases, files, and repositories. Most of the data are unstructured data which is generated from text, images, sound, portable document format (PDF), PowerPoint presentations (PPTs), videos, social media, online communication, the Internet, blogs, digital media, sensors, and surveillance. The need for effective management is necessary due to the increasing volume of data.
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In this report, Technavio highlights the emergence of NVMe as one of the key emerging trends in the global enterprise SSD controller market:
Emergence of NVMe
NVMe is a high-performance, scalable, and non-uniform memory access (NUMA) optimized communication protocol that can run on communication interfaces such as SATA and PCIe. It is optimized for NAND flash storage and next-generation SSDs. While legacy Serial Attached SCSI (SAS) and SATA support single-queued architecture, NVMe supports up to 64,000 queues, each with 64,000 entries. NVMe can provide many deep queues and number of commands per queue. NVMe exceeds the capabilities of legacy storage technologies such as the SAS and SATA in terms of capacity, security, and performance. It also has the ability to optimize traditional PCIe technology for use with NVMe-based storage devices. To mitigate the speed bottleneck, which is a characteristic of SATA systems, is the primary objective of NVMe.
“NVMe does not require a traditional storage controller to function, which might affect the global enterprise SSD controller market. However, controllers will be used in NVMe system design as they can allow NVMe streams and I/O determinism and support different functions such as write-path optimization, compression, and deduplication,” says a senior analyst at Technavio for research on semiconductor equipment.
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Global enterprise SSD controller market segmentation
This market research report segments the global enterprise SSD controller market into the following applications, including MLC, TLC, and SLC and key regions, including the Americas, APAC, and EMEA.
The MLC segment held the largest market share in 2017, accounting for nearly 52% of the market. The market share for this application is expected to increase by 2022. The fastest growing application is TLC, which will account for nearly 41% of the total market share by 2022.
APAC was the leading region for the global enterprise SSD controller market in 2017, accounting for a market share of nearly 81%. By 2022, APAC is expected to continue dominating the market and register positive growth rate.
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