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.
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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