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Solid State Drive Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Solid State Drive Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Report Code: 0157 Category: Electronics, ICT and Semiconductors Published: May, 2018

A recent report published by Infinium Global Research on solid state drive market provides in-depth analysis of segments and sub-segments in global as well as regional markets of solid state drive market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional markets of solid state drive over the short term as well as long term. The report is a comprehensive presentation of trends, forecasts, and dollar values of the global solid state drive market. According to the report, the global solid state drive market is projected to grow at a CAGR of 14.1% over the forecast period of 2018 - 2024.

 

Market Insights

The factors driving the growth of the solid state drive market are high reliability and performance efficiency benefits over the hard disk drivers. In addition, the rapidly growing adoption of solid state drivers at data centers and the rising use of SSD for innovative solutions such as big data owing to its better lifespan have escalated the profitability of this market. However, the unavailability of large-sized SSD modules and high maintenance costs are the factors responsible for restraining the growth of the solid state drive market. Moreover, the growing demand for SSDs in mobile industries and technological advancements to improve the capacity and efficiency of SSD devices are expected to create more opportunities for this market in the upcoming years.

 

Segments Covered

The report on the global solid state drive market covers segments such as technology, form factor, interface, and end-user. The technology segments include SLC, MLC planar, MLC 3D, TLC planar, and TLC 3D. On the basis of form factor the global solid state drive market is categorized into 1.8”/2.5”, 3.5”, M.2, U.2 (SFF 8639), and FHHL and HHHL. Furthermore, on the basis of interface, the solid state drive market is segmented as PCIe, SATA, and SAS. On the basis of end-user the solid state drive market is segmented as client, automotive, industrial, and enterprise.


Solid State Drive Market

 

Geographic Coverage

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography is provided over the period of 2016 – 2024.

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and others. Moreover, The European region covers countries such as Germany, the UK, France, Spain, and the rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018 - 2024.

 

Companies Profiled:

The report provides profiles of the companies in the global solid state drive market such as Lite-On, Western Digital, Toshiba, Intel, Samsung, Seagate, Micron, SK Hynix, Microsemi, and Kingston.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global solid state drive market. Moreover, the IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider.  The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of solid state drive market. Moreover, the study highlights current market trends and provides forecasts from 2018 to 2024. We also have highlighted future trends in the solid state drive market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. Additionally, the analysis highlights the rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers, and distributors of the solid state drive market to understand the present and future trends in this market and formulate their strategies accordingly.


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