Future trends and forecasts of Solid State Drives Market

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MarketsandMarkets Presents
Solid State Drives Market worth 25.30 Billion
USD by 2022
http//www.marketsandmarkets.com/Market-Reports/so
lid-state-drives-market-75076578.html
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• According to the new market research
  report "Solid State Drives Market by Capacity,
  Interface (SATA, SAS, PCIe), End User
  (Enterprise, Client), Application (Data Centers,
  Desktop PCs, Notebooks/Tablets, Entertainment
  Devices, Video Storage), and Region - Global
  Trend and Forecast to 2022", the solid state
  drives market is expected to reach USD 25.30
  Billion by 2022, at a CAGR of 9.5 between 2016
  and 2022. Factors such as proliferation of cloud
  computing, advantages of SSDs over HDDs, increase
  in the number of data centers, and rising big
  data applications are driving the growth of the
  solid state drives market.
• Browse 69 tables and 63 figures spread through
  143 Pages and in-depth TOC on "Solid State Drives
  Market - Global Trend and Forecast to
  2022"http//www.marketsandmarkets.com/Market-Repo
  rts/solid-state-drives-market-75076578.htmlEarly
  buyers will receive 10 customization on reports.

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• SATA interface is expected to lead the solid
  state drives market during the forecast period
• SATA is expected to account for the highest share
  of the solid state drives market during the
  forecast period. The old desktop PCs support only
  the SATA interface for upgrading to SSDs from
  HDDs, which is expected to drive the growth of
  the market for SSDs with SATA interface. Further,
  lower pricing of SATA than that of SAS and PCIe
  interfaces is also contributing to the growth of
  this market.
• The market for SSDs with PCIe interface is
  expected to grow at the highest CAGR between 2016
  and 2022
• The market for SSDs with PCIe interface is
  expected to grow at the highest CAGR during the
  forecast period. This growth can be attributed to
  the advantages of PCIe, which include high speed,
  enhanced performance scaling, and detailed error
  detection reporting. Thus, the demand for SSDs
  with PCIe interface is expected to increase from
  the client as well as enterprise end users.

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• APAC is expected to witness a rapid growth
  during the forecast period
• The SSDs market in APAC is expected to grow at
  the highest CAGR between 2016 and 2022. This
  growth can be attributed to the high IT
  infrastructure expenditures in countries such as
  China, South Korea, India, and Taiwan. In
  addition, the expanding customer base of
  companies in APAC that provide SSDs and growth in
  the consumer electronics (such as
  notebooks/laptops, tablets, and desktop PCs)
  market are contributing to the growth of the SSDs
  market in this region.
• The key players involved in the development of
  solid state drives include Intel Corp. (U.S.),
  Micron Technology, Inc. (U.S.), Samsung
  Electronics (South Korea), SanDisk Corp. (U.S.),
  Toshiba Corp. (Japan), Lite-On Technology Corp.
  (Taiwan), Microsemi Corp. (U.S.), Seagate
  Technology plc (Ireland.), Hitachi Global Storage
  Technology (HGST) Inc. (U.S.), and Kingston
  Technology Corp. (U.S.).
• This research report categorizes the global solid
  state drives market based on capacity, interface,
  end user, application, and region. It describes
  the drivers, restraints, opportunities, and
  challenges with respect to the solid state drives
  market. The Porters five forces analysis has
  also been included in the report with a
  description of each of its forces and their
  respective impact on the solid state drives
  market.

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