Solid State Drives (SSD) Market Scope and Analysis by 2029
Solid State Drives Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 53.02 Billion |
Market Size by 2031 | US$ 143.52 Billion |
Global CAGR (2023 - 2031) | 13.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Solid State Drives Market News and Recent Developments
The solid-state drives market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the solid-state drives market are listed below:
- As digital transformation becomes imperative, with the continual evolution of Artificial Intelligence (AI) and rapid advancements in cloud computing, enterprises' demand for data computation and storage is escalating. To meet this growing demand, STC (a subsidiary of Kioxia) launched the CL6 series of industrial-grade SSDs, the world's first to be equipped with KIOXIA's sixth-generation BiCS FLASH™ 3D flash memory. (Source: STC Company Website, September 2023)
- Seagate Technology Holdings plc, a world leader in mass-data storage infrastructure solutions, and Phison Electronics Corp, a global leader in NAND flash controller and storage solutions, announced today plans to expand their SSD portfolio of next-gen high-performance, high-density enterprise NVMe SSDs. The new SSDs will help enterprises lower total cost ownership (TCO) through increased storage density, lower power consumption, and higher performance. (Source: Seagate Technology Holdings plc Company Website, April 2022)
Solid State Drives Market Report Coverage and Deliverables
The “Solid State Drives Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Solid state drives market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Solid state drives market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Solid state drives market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the solid state drives market.
- Detailed company profiles.