Solid State Drive Market Size & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Solid State Drive
Market Solid State Drive Market Insights The
global solid state drive market is to grow at a
CAGR of more than 15 over the forecast period.
Increased application of high-end cloud computing
coupled with growing adoption of SSDs in data
centers are few of the factors contributing to
the growth of this market. The growing use of
SSDs for producing the latest models in mobile
devices is anticipated to emerge as a major
driver for the global solid state drive market.
The benefits associated with the use of SSDs are
encouraging leading players in the market to
incorporate SSDs into mobile devices manufactured
and assembled by them. The growing use of SSDs
as primary storage in devices such as notebooks
and ultraportable computers are anticipated to
boost the overall market growth. Factors such as
costly manufacturing process coupled with high
cost of raw materials are likely to hinder the
demand for SSDs.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Solid State Drive Market Form
Factor Insights Based on the form factors, the
solid state drive market is segmented into 2.5,
3.5, M.2, U.2/SFF 8639, and FHHL/HHHL. The
market for half height, half length (HHHL) or
full height, half length (FHHL) is projected to
grow at a significant rate over the forecast
period. Solid State Drive Market Interface
Insights The Solid State Drive market is divided
into SATA, SAS, and PCIe. SATA interfacebased
solid state drive segment registered the largest
market share in 2016 due to lower cost of
interface design. SATA interface provides lower
cable size and cost, and quick data transfer
through higher signalling rates. Solid State
Drive Market Technology Insights Based on the
technology, the solid state driver market is
segmented into SLC, MLC, and TLC. The solid
state drive market for TLC accounted for the
largest market share in 2016. TLC provides the
cheapest solutions among all other technologies
coupled with high storage density. These factors
are anticipated to drive the demand for TLC over
the forecast period. Solid State Drive Market
End-User Insights Based on the End-Use, the
market is segmented into Enterprise, Client,
Industrial, and Automotive. The automotive
application segment is expected to grow at a
significant rate over the forecast period. The
growing demand for automotive infotainment
systems and advanced connected cars is likely to
stimulate the growth of the solid state drive
market. SSD is a flash storage solution that
delivers reliable and high-performance storage
in a number of in-vehicle applications such as 3D
mapping and advanced augmented reality in
navigation systems, and entertainment systems
among others.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Solid State Drive Market Regional
Insights North America accounted for the largest
market share for solid state drive in 2016.
Enterprises in Americas are increasing their
spending on IT infrastructure to increase their
business productivity and to gain a competitive
advantage over the market. Factors such as
extensive use of SSDs in IT infrastructure
devices to reduce time consumption, facilitate
quick data transfer, and achieve high-
performance level are likely to boost the
regional market. Moreover, consumers in North
America are more inclined towards the use of
SSDs as compared to traditional hard disk
drives. Solid State Drive Market End-Use
Landscape The end-use landscape includes a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase products
from global solid state drive market. The major
consumers of the product are General Motors,
Ford, and BMW among others.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• Solid State Drive Market Competitive Scenario
• Major companies profiled in Global solid state
  drive market include Samsung (South Korea),
  Western Digital (U.S.), Intel (U.S.), Toshiba
  (U.S.), and Micron (U.S.) among others.
• The report segments the Solid State Drive Market
  on the basis of By Form Factor
• 2.5
• 3.5
• M.2
• U.2/SFF 8639
• FHHL/HHHL
• By Interface
• SATA
• SAS
• PCIe

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS

• By Region
• North America
• Europe
• Asia Pacific
• Central South America
• Middle East Africa
• This article contains text from the Solid
  State Drive Market Forecast to 2025 report
  prepared by Global Market Estimates. For more
  information or to buy the report, please visit
  https//www.globalmarketestimates.com/solid-state-
  drive-market/