A detailed analysis of the solid state drive market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.
The solid state drive market is estimated to register lucrative revenue growth given to the product’s high performance features compared to conventional HDDs. Solid state drives have come up as an effective alternative to conventional mechanical hard disks. The product has fast throughput rates and low read-access times, enabling it to drastically speed up overall computers performance.
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Rapid innovation in the gaming sector has enabled the development of highly encrypted graphics, allowing game developers to create more realistic video games. Games with high hardware requirements require superior storage capacities, a requirement effectively fulfilled by SSDs. Electronic manufacturers have begun to cater to this demand by offering high and improved storage options.
2 TB SSD storage devices have managed to make a prominent space in consumer electronics sector, with its market projected to record a CAGR of 25% while registering over 30 million unit shipments within the forecasted timeframe. Increasing presence of connected and smart appliances along with rapid expansion activities across smart cities could fuel the adoption of advanced 2 TB SSDs to process and store big data.
Mounting adoption of the Internet of Things (IoT) across almost all sectors might further benefit the industry growth. Apart from 2 TB storage devices, SSDs are available in the form of 1TB, 500 GB and below 500 GB variants.
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Companies operating in the solid state drive market have begun to devote their efforts on inking new strategic acquisition & collaboration deals and conducting product innovation activities to develop their consumer base and market share.
Taking May 2018 for instance, Intel released its latest addition of Optane 905P SSDs to its grade Optane series. The 905P range SSDs deliver twice the capacity compared to previous models and offers enhanced performance.
Major Key Points from Table of Content:
Chapter 5. Solid State Drive Market, By Interface (Revenue, Shipments)
5.1. Key trends, by interface
5.2. SATA
5.2.1. Market estimates and forecast, 2016 - 2026
5.3. SAS
5.3.1. Market estimates and forecast, 2016 - 2026
5.4. PCIe
5.4.1. Market estimates and forecast, 2016 – 2026
Chapter 6. Solid State Drive Market, By Technology (Revenue, Shipments)
6.1. Key trends, by technology
6.2. SLC
6.2.1. Market estimates and forecast, 2016 – 2026
6.3. MLC
6.3.1. Market estimates and forecast, 2016 – 2026
6.4. TLC
6.4.1. Market estimates and forecast, 2016 – 2026
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