Global Solid State Drives (SSD) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023 - PowerPoint PPT Presentation

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Global Solid State Drives (SSD) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023

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The future of Global Solid State Drives (SDD) Market is prophesied to be attractive with increasing digitization and growth of media content, across the globe. As per the study, global solid state drive (SSD) market is estimated to cross the $60,000 million mark by 2023. On the account of significant advancement in technologies, high enterprise application demand for greater performance, storage, power efficiency, more dependability requirement from content generation industry, and swelling large data centers, the global SDD market has been gaining more traction in recent times. – PowerPoint PPT presentation

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Title: Global Solid State Drives (SSD) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2023


1
Global Solid State Drives (SSD) Market Global
Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2018 2023
The future of Global Solid State Drives (SDD)
Market is prophesied to be attractive with
increasing
digitization and growth of media content, across
the globe. As per the study, global solid state
drive
(SSD) market is estimated to cross the 60,000
million mark by 2023. On the account of
significant
advancement in technologies, high enterprise
application demand for greater performance,
storage,
power efficiency, more dependability requirement
from content generation industry, and swelling
large
data centers, the global SDD market has been
gaining more traction in recent times.
A solid state drive (SDD) is a type of
non-volatile storage media that stores persistent
data on solid-state
flash memory. The architectural configuration of
a typical SDD controller is optimized to deliver
high
performance of read and write functions. Unlike
hard disk drive (HDD), SDD has no moving part to
break
down and stop functioning. Apart from this, SDD
is also a very much viable option for large data
center
as it offers speed, mass volume, and hierarchical
storage mechanism.
Sample copy of Study Report for Overview of
Global Market is Available_at_
https//www.blueweaveconsulting.com/solid-state-dr
ives-market-1855/1536302097117-445b2636-
73fe
Lucrative opportunities in the design and
development of SDDs along with massively growing
adoption
of cloud technology, is firming a positive future
of the global solid state drive industry. The
study
provides a thorough scenario of the present and
conjecture solid state drive business around the
globe.
The prevalent trends, driver, opportunities, and
restraints have been covered and incorporated in
this
industry analysis.
As per findings of the research, sales of SATA
has been recorded the largest in the global
market in 2018
and is expected to continue rising ahead in
forecast years on the back of its excellent
storage
capabilities, hot swapping features, and data
transfer speed. Additionally, the growth of high
mass
storage or even above 2TB is expected to witness
fastest growth in the global market during the
forecast
period.
Emerging trends which promises a continuous
growth of the global solid state drive (SDD)
market
include rapid emergence of the wireless storage
devices, relaxing regulation in regions, and
growing
digital content due to emergence of e-commerce
and social media. Some factors which are driving
the
global market includes increasing utilization of
the technology in personal computers, higher
demand by
consumer electronics segment, and reduction in
application launch time. The global marketplace
also
fears challenges to growth from factors such as
high cost of SSD, expensive manufacturing
process, and
low market awareness.
2
By region, North America has been the largest
market for the sales of solid state drive due to
mass
adoption of personal computing systems by the
citizens, and an early adoption of SSD by the
regional
organizations. However, the market in
Asia-Pacific is expected to witness the fastest
growth among all
regions, during the forecast period. The
anticipated growth in the Asia-Pacific market is
expected due to
increasing digitalization, advancement in new
technologies, growth in media industry, and
increasing
adoption of cloud technologies by the
enterprises. In addition to this, Asia-Pacific is
developing as a
service provider base for the globe, which is in
turn attracting huge investment from the public
and
private players in the manufacturing of SSD as
comparatively lower capital than developed
regions.
The research states that the global SDD market is
very slightly competitive, and moving towards a
consolidating structure Players such as Samsung
Electronics Co. Ltd., Intel Corporation, SanDisk
Corporation Inc., and Toshiba Corporation are
dominating the global market with string hold on
consumer base and brand power. However, mid-level
players are upgrading their design and
development capabilities to compete in this
marketplace.
View Complete Table of Content Having Unique
Analysis on Several Factors
https//www.blueweaveconsulting.com/solid-state-dr
ives-market-1855/1536301857979-e3fc3c18-
41a6
Development in the SSD market
The companies are strengthening their presence in
SSD market with the acquisition. For instance,
Western Digital had acquired Silicon Systems Inc.
in a 65 million cash deal. The acquisition allows
Western digital to enter in SSD market
effectively and immediately
In April 2016, SanDisk Corp has reported an
increase in quarterly revenue, due to strong
demand for its
chips used in solid-state drives and data centers.
In March 2017, Toshiba America Electronic
Components, Inc. (TAEC) has generated revenue of
US17
billion in solid state drive (SSD) segment in
2016. The SSD business of Toshiba also realized
strong
growth. The SSD segment revenue has increased by
114 year over year in 2016. In 2016, Toshiba has
occupied the fourth share position in the SSD
market. In SSD market, the major customers for
Toshiba
are data centers. In 2003, Samsung had hold 60
market share in SSD market.
We will also cover cost comparison for SSD and
HDD for enterprise
Key factors consideration for market sizing
?
Analysis of data generation by country
?
Analysis of need of data storage
?
Impact analysis of cybercrime, data hacks by
country
?
Analysis of storage solutions
3
?
Adoption of storage solutions by enterprises
?
Pricing analysis of storage solutions
?
Factors for the growth of digitalization
?
Analysis of electronics industry by country
?
Analysis of value chain in SSD
?
Micro economic factors
?
GDP
?
ICT spending of country
?
ICT sending by industry vertical
View Complete Study Report on Global Solid State
Drives (SSD) Market
https//www.blueweaveconsulting.com/solid-state-dr
ives-market-1855
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