DUBLIN--(BUSINESS WIRE)--The "Solid State Drive (SSD) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Solid State Drive (SSD) market worldwide is projected to grow by US$48.9 Billion, driven by a compounded growth of 15%.
SATA, one of the segments analyzed and sized in this study, displays the potential to grow at over 16%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$37.9 Billion by the year 2025, SATA will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 16.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$1.9 Billion to the region's size and clout in the next 5 to 6 years. Over US$2.3 Billion worth of projected demand in the region will come from the rest of the European markets.
In Japan, SATA will reach a market size of US$3 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 14.7% over the next couple of years and add approximately US$8.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- ADATA Technology Co. Ltd.
- BiTMICRO Networks Inc.
- Intel Corporation
- Kingston Technology Europe Co. L.L.P.
- LITE-ON Technology Corporation
- Micron Technology Inc.
- Microsemi Corporation
- Samsung Electronics Co. Ltd.
- Seagate Technology LLC
- SK Hynix Inc.
- Toshiba Corporation
- Viking Technologes
- Western Digital Corporation
For more information about this report visit https://www.researchandmarkets.com/r/d4kaaf