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Solid State Drive Market Size & Share Report, 2022-2030

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The global Solid State Drive market size is expected to be worth around US$ 31.5 billion by 2030, according to a new report by Vision Research Reports.

The global Solid State Drive market size was valued at US$ 9.5 billion in 2020 and is anticipated to grow at a CAGR of 15.7% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 31.5 billion by 2030
Growth Rate CAGR of 15.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, Storage, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Intel Corporation; Micron Technology, Inc.; Samsung Electronics Co., Ltd.; Seagate Technology PLC; and Western Digital Corporation

Growth Factors

 The market is majorly driven by increasing penetration of high-end cloud computing, growing adoption of SSDs in data centers, and numerous advantages of SSDs over hard disk drives (HDDs).

Rising adoption of SSDs in data centers is a result of various factors such as its greater efficiency compared to traditional HDD storage, increased demand for storage infrastructure, and advancements in enterprise-level SSD in terms of reliability and performance. Enterprises prefer SSDs because they consume less energy, allow for reduction in sprawl, and result in a smaller environmental footprint.

By Storage Analysis

Based on storage type, the market can be segmented into under 120 GB, 120GB–320GB, 320GB–500GB, 500GB–1TB, 1TB–2TB, and above 2TB. SSD storage is gaining popularity due to its unique performance and mechanical characteristics.

The primary components of a solid state drive include a controller and a memory module. Currently, most SSD manufacturers use NAND flash-based memory, owing to benefits such as low cost and non-volatility, as compared to dynamic random-access memory.

By End-use Analysis

Based on end use, the market is segmented into enterprise and client. Based on the size, the enterprise segment is further categorized into small, medium, and large. A large number of enterprise applications require high reliability, constant uptime, high-performance storage devices, power efficiency, and high throughput.

Massive amounts of digital data and content generation and transfer and need for reliable and fast data storage options have elevated the demand for SSDs, for personal (client) as well as professional (enterprise) use. Demand for usage in the client segment is high as users prefer fast and large data storage options.

By Type Analysis

Based on type, the solid state drive market is segmented into external and internal SSD. Solid state drives can be either installed inside computers, laptops, and tablets or can be used as external devices for data storage.

Global storage capacity per household is increasing due to the intense use of social media, soaring data transfer, and high amounts of media content generated.

By Regional Analysis

Based on the region, the market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa (MEA). The North American region led the market in terms of revenue in 2020. The rate of replacing hard disk drives (HDDs) with solid state drives is higher in North America than in other regions.

 South America and MEA markets are also being driven by the increasing use of laptops and smartphones embedded with SSDs. The growing popularity of the advantages of solid state drives over HDDs is expected to boost demand.

Key Players

Intel Corporation; Micron Technology, Inc.; Samsung Electronics Co., Ltd.; Seagate Technology PLC; and Western Digital Corporation.

Market Segmentation

  • By Type
    • External
    • Internal
  • By Storage
    • Under 120 GB
    • 120GB-320GB
    • 320GB-500GB
    • 500GB-1TB
    • 1TB-2TB
    • Above 2TB
  • By End-Use
    • Enterprise
      • Small
      • Medium
      • Large
    • Client
  • Regional
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • The U.K.
    • Asia Pacific
      • China
      • Taiwan
      • India
    • South America
      • Brazil
    • The Middle East and Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Solid State Drive Market, By Type

7.1.  Solid State Drive Market, by Type, 2021-2030

7.1.1.    External

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Internal

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Solid State Drive Market, By Storage

8.1.  Solid State Drive Market, by Storage, 2021-2030

8.1.1.    Under 120 GB

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    120GB-320GB

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    320GB-500GB

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    500GB-1TB

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    1TB-2TB

8.1.5.1.        Market Revenue and Forecast (2017-2030)

8.1.6.    Above 2TB

8.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Solid State Drive Market, By End User

9.1.  Solid State Drive Market, by End User, 2021-2030

9.1.1.    Enterprise

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Client

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Solid State Drive Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, by Type (2017-2030)

10.1.2.  Market Revenue and Forecast, by Storage (2017-2030)

10.1.3.  Market Revenue and Forecast, by End User (2017-2030)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, by Type (2017-2030)

10.1.4.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.1.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, by Type (2017-2030)

10.1.5.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.1.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, by Type (2017-2030)

10.2.2.  Market Revenue and Forecast, by Storage (2017-2030)

10.2.3.  Market Revenue and Forecast, by End User (2017-2030)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, by Type (2017-2030)

10.2.4.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.2.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, by Type (2017-2030)

10.2.5.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.2.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, by Type (2017-2030)

10.2.6.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.2.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, by Type (2017-2030)

10.2.7.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.2.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, by Type (2017-2030)

10.3.2.  Market Revenue and Forecast, by Storage (2017-2030)

10.3.3.  Market Revenue and Forecast, by End User (2017-2030)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, by Type (2017-2030)

10.3.4.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.3.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, by Type (2017-2030)

10.3.5.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.3.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, by Type (2017-2030)

10.3.6.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.3.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, by Type (2017-2030)

10.3.7.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.3.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, by Type (2017-2030)

10.4.2.  Market Revenue and Forecast, by Storage (2017-2030)

10.4.3.  Market Revenue and Forecast, by End User (2017-2030)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, by Type (2017-2030)

10.4.4.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.4.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, by Type (2017-2030)

10.4.5.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.4.5.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, by Type (2017-2030)

10.4.6.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.4.6.3.      Market Revenue and Forecast, by End User (2017-2030)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, by Type (2017-2030)

10.4.7.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.4.7.3.      Market Revenue and Forecast, by End User (2017-2030)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, by Type (2017-2030)

10.5.2.  Market Revenue and Forecast, by Storage (2017-2030)

10.5.3.  Market Revenue and Forecast, by End User (2017-2030)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, by Type (2017-2030)

10.5.4.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.5.4.3.      Market Revenue and Forecast, by End User (2017-2030)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, by Type (2017-2030)

10.5.5.2.      Market Revenue and Forecast, by Storage (2017-2030)

10.5.5.3.      Market Revenue and Forecast, by End User (2017-2030)

Chapter 11.  Company Profiles

11.1.              Intel Corporation

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              Micron Technology, Inc.

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              Samsung Electronics Co., Ltd

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Seagate Technology PLC

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Western Digital Corporation

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

13.2.              Glossary of Terms

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