Press release
Solid State Drive Market worth $108.57 billion by 2030, growing at a CAGR of 13.99% - Exclusive Report by 360iResearch
The "Solid State Drive Market by Technology (MLC 3D, MLC Planar, SLC), Inteface (PCIe, SAS, SATA), Capacity, End-user - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.
The Global Solid State Drive Market to grow from USD 43.41 billion in 2023 to USD 108.57 billion by 2030, at a CAGR of 13.99%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/solid-state-drive?utm_source=openpr&utm_medium=referral&utm_campaign=sample
A solid-state drive (SSD) is a type of storage device that utilizes integrated circuit assemblies to store data persistently. SSDs allow for faster data access times, lower latency, increased reliability, and improved resistance to physical shock. SSDs leverage memory technologies such as NAND flash or newer storage technologies, including 3D XPoint, to retain data even without power. Their performance and durability make them a preferred choice in both consumer electronics and enterprise storage systems. The Solid State Drive (SSD) market, a critical segment within the data storage industry, is witnessing significant growth as these devices increasingly become the preferred choice for data storage across a wide range of applications. Leveraging their robustness, lower energy requirements, and faster data retrieval capabilities, SSDs have replaced traditional hard disk drives in personal computers, servers, and mobile devices, finding applications within IT, consumer electronics, automotive sectors, and beyond. Factors fueling market expansion include the surge in big data, IoT, and computer device usage, requiring more efficient storage solutions. The rise of cloud computing further propels the adoption of SSDs in data centers for enhanced efficiency. Despite the growth prospects, challenges such as data recovery complexities, competition from innovative storage technologies, and high-cost requirements for the upgradation of SSDs hinder the scope of the market. Growth opportunities are being carved out by emerging technologies such as NVMe, catering to the explosive data demands of artificial intelligence and machine learning workloads. R&D focused on enhancing SSD durability, power efficiency, and data transfer interfaces while also embedding advanced encryption for heightened data security, represents a lucrative scope for the solid-state drive market.
The solid state drive (SSD) market in the Americas is showing robust growth, driven primarily by heightened demand for faster data processing and storage solutions across various sectors. The region, particularly the United States, with the presence of several SSD manufacturers, is witnessing advancements in technologies such as non-volatile memory express (NVMe). The adoption rate in North America is further bolstered by the burgeoning cloud storage market, significant investments in data centers, and a strong presence in the gaming industry, which demands high-performance storage solutions. The EMEA region presents a diverse SSD market landscape. Europe's established economies, including Germany, the UK, and France, are experiencing a steady uptake of SSDs due to the ongoing digital transformation in industries and growing interest in energy-efficient and durable storage solutions. The Middle East is experiencing a rise in demand linked to the increasing digitalization of its economic sectors. GDPR and other data protection regulations in Europe also contribute to the need for secure and reliable storage solutions like SSDs. The APAC region is anticipated to exhibit the highest growth rate in the SSD market, fueled by the presence of several SSD manufacturers in countries including South Korea, Japan, and Taiwan. China is also making significant contributions to market expansion through large-scale manufacturing and adoption across its rapidly growing technology sector. This region benefits from a strong consumer electronics sector, a demand for high-speed data processing in smart devices, and a shift towards cloud-based services that require enterprise-level SSDs.
Market Segmentation & Coverage:
This research report categorizes the Solid State Drive Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology, market is studied across MLC 3D, MLC Planar, SLC, TLC 3D, and TLC Planar. The SLC is projected to witness significant market share during forecast period.
Based on Inteface, market is studied across PCIe, SAS, and SATA. The SATA is projected to witness significant market share during forecast period.
Based on Capacity, market is studied across 250 GB and above and Below 250 GB. The 250 GB and above is projected to witness significant market share during forecast period.
Based on End-user, market is studied across Enterprise and Individual. The Individual is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.71% in 2023, followed by Asia-Pacific.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/solid-state-drive?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Solid State Drive Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Solid State Drive Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Solid State Drive Market, highlighting leading vendors and their innovative profiles. These include ADATA Technology Co., Ltd., Apacer Technology Inc., Biostar Microtech International Corporation, Dell Inc., Edge Tech Corporation, Fujitsu Limited, Hewlett-Packard Company, Intel Corporation, International Business Machines Corporation, Kingston Technology Corporation, KIOXIA Corporation, LITE-ON Technology Corporation, Longsys, Marvell Technology, Inc., Microsemi Corporation by Microchip Technology Inc., Netac Technology Co., Ltd., Samsung Electronics Co., Ltd., Seagate Technology Holdings plc, SK Hynix Inc., TDK Corporation, Toshiba Corporation, Transcend Information, Inc., Verbatim Americas LLC, Western Digital Corporation, and Zhejiang Dahua Technology Co., Ltd. i.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Solid State Drive Market, by Technology
7. Solid State Drive Market, by Inteface
8. Solid State Drive Market, by Capacity
9. Solid State Drive Market, by End-user
10. Americas Solid State Drive Market
11. Asia-Pacific Solid State Drive Market
12. Europe, Middle East & Africa Solid State Drive Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Solid State Drive Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Solid State Drive Market?
3. What is the competitive strategic window for opportunities in the Solid State Drive Market?
4. What are the technology trends and regulatory frameworks in the Solid State Drive Market?
5. What is the market share of the leading vendors in the Solid State Drive Market?
6. What modes and strategic moves are considered suitable for entering the Solid State Drive Market?
Read More @ https://www.360iresearch.com/library/intelligence/solid-state-drive?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
The Global Solid State Drive Market to grow from USD 43.41 billion in 2023 to USD 108.57 billion by 2030, at a CAGR of 13.99%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/solid-state-drive?utm_source=openpr&utm_medium=referral&utm_campaign=sample
A solid-state drive (SSD) is a type of storage device that utilizes integrated circuit assemblies to store data persistently. SSDs allow for faster data access times, lower latency, increased reliability, and improved resistance to physical shock. SSDs leverage memory technologies such as NAND flash or newer storage technologies, including 3D XPoint, to retain data even without power. Their performance and durability make them a preferred choice in both consumer electronics and enterprise storage systems. The Solid State Drive (SSD) market, a critical segment within the data storage industry, is witnessing significant growth as these devices increasingly become the preferred choice for data storage across a wide range of applications. Leveraging their robustness, lower energy requirements, and faster data retrieval capabilities, SSDs have replaced traditional hard disk drives in personal computers, servers, and mobile devices, finding applications within IT, consumer electronics, automotive sectors, and beyond. Factors fueling market expansion include the surge in big data, IoT, and computer device usage, requiring more efficient storage solutions. The rise of cloud computing further propels the adoption of SSDs in data centers for enhanced efficiency. Despite the growth prospects, challenges such as data recovery complexities, competition from innovative storage technologies, and high-cost requirements for the upgradation of SSDs hinder the scope of the market. Growth opportunities are being carved out by emerging technologies such as NVMe, catering to the explosive data demands of artificial intelligence and machine learning workloads. R&D focused on enhancing SSD durability, power efficiency, and data transfer interfaces while also embedding advanced encryption for heightened data security, represents a lucrative scope for the solid-state drive market.
The solid state drive (SSD) market in the Americas is showing robust growth, driven primarily by heightened demand for faster data processing and storage solutions across various sectors. The region, particularly the United States, with the presence of several SSD manufacturers, is witnessing advancements in technologies such as non-volatile memory express (NVMe). The adoption rate in North America is further bolstered by the burgeoning cloud storage market, significant investments in data centers, and a strong presence in the gaming industry, which demands high-performance storage solutions. The EMEA region presents a diverse SSD market landscape. Europe's established economies, including Germany, the UK, and France, are experiencing a steady uptake of SSDs due to the ongoing digital transformation in industries and growing interest in energy-efficient and durable storage solutions. The Middle East is experiencing a rise in demand linked to the increasing digitalization of its economic sectors. GDPR and other data protection regulations in Europe also contribute to the need for secure and reliable storage solutions like SSDs. The APAC region is anticipated to exhibit the highest growth rate in the SSD market, fueled by the presence of several SSD manufacturers in countries including South Korea, Japan, and Taiwan. China is also making significant contributions to market expansion through large-scale manufacturing and adoption across its rapidly growing technology sector. This region benefits from a strong consumer electronics sector, a demand for high-speed data processing in smart devices, and a shift towards cloud-based services that require enterprise-level SSDs.
Market Segmentation & Coverage:
This research report categorizes the Solid State Drive Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology, market is studied across MLC 3D, MLC Planar, SLC, TLC 3D, and TLC Planar. The SLC is projected to witness significant market share during forecast period.
Based on Inteface, market is studied across PCIe, SAS, and SATA. The SATA is projected to witness significant market share during forecast period.
Based on Capacity, market is studied across 250 GB and above and Below 250 GB. The 250 GB and above is projected to witness significant market share during forecast period.
Based on End-user, market is studied across Enterprise and Individual. The Individual is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.71% in 2023, followed by Asia-Pacific.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/solid-state-drive?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Solid State Drive Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Solid State Drive Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Solid State Drive Market, highlighting leading vendors and their innovative profiles. These include ADATA Technology Co., Ltd., Apacer Technology Inc., Biostar Microtech International Corporation, Dell Inc., Edge Tech Corporation, Fujitsu Limited, Hewlett-Packard Company, Intel Corporation, International Business Machines Corporation, Kingston Technology Corporation, KIOXIA Corporation, LITE-ON Technology Corporation, Longsys, Marvell Technology, Inc., Microsemi Corporation by Microchip Technology Inc., Netac Technology Co., Ltd., Samsung Electronics Co., Ltd., Seagate Technology Holdings plc, SK Hynix Inc., TDK Corporation, Toshiba Corporation, Transcend Information, Inc., Verbatim Americas LLC, Western Digital Corporation, and Zhejiang Dahua Technology Co., Ltd. i.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Solid State Drive Market, by Technology
7. Solid State Drive Market, by Inteface
8. Solid State Drive Market, by Capacity
9. Solid State Drive Market, by End-user
10. Americas Solid State Drive Market
11. Asia-Pacific Solid State Drive Market
12. Europe, Middle East & Africa Solid State Drive Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Solid State Drive Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Solid State Drive Market?
3. What is the competitive strategic window for opportunities in the Solid State Drive Market?
4. What are the technology trends and regulatory frameworks in the Solid State Drive Market?
5. What is the market share of the leading vendors in the Solid State Drive Market?
6. What modes and strategic moves are considered suitable for entering the Solid State Drive Market?
Read More @ https://www.360iresearch.com/library/intelligence/solid-state-drive?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
