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, forecast and dollar values of global solid state drive market. According to report the global solid state drive market is projected to grow at a CAGR of 14.1% over the forecast period of 2018 - 2024.
The factors driving the growth of solid-state drive market are high reliability and performance efficiency benefits over the hard disk drivers. In addition, rapidly growing adoption of solid state drivers at data centers and rising use of SSD for the innovative solutions such as big data owing its better lifespan has escalated the profitability of this market. However, unavailability of large-sized SSD module and high maintenance cost are the factors responsible for restraining the growth of solid-state drive market. Moreover, growing demand of 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 upcoming years.
The report on 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.
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 among others. Moreover, European region covers countries such as Germany, UK, France, Spain, and 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 the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
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 .
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global solid state drive market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on 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 forecast 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 on the market share of the leading players. Additionally, the analysis highlights 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.