Solid State Drive

Solid State Drive (SSD) Market Size Anticipated To Reach US$ 79.8 Bn By 2030 Solid State Drive (SSD) Market Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 - 2030

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As per the experts, the solid state drive (SSD) market is predicted to record a growth rate of 11% from 2021-2030 and is projected to reach US$ 79.8 billion by 2030.

The study provides the overall revenue of the global solid state drive (SSD) market from 2017 to 2030, considering 2020 as the base year and 2030 as the forecast year.

The global solid state drive (SSD) market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the solid state drive (SSD) industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

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Crucial factors accountable for market growth are:

  • Rising adoption of smartphones, laptops, and tablets
  • Rising investments in developing IT infrastructure
  • Growing adoption of 5G technology
  • Rapidly growing cloud computing industry
  • Presence of medium and small enterprises
  • Rapid adoption of solid state drive by the gaming industry
  • Rising number of online financial services and data centers

Report Highlights

  • Based on the interface, the PCIe segment is estimated to be the most opportunistic segment during the forecast period. This is attributed to the higher adoption of PCIe interface because of its high speed and cheap prices.
  • Based on the technology, the TLC segment dominated the market in 2020. . The TLC technology is the cheapest technology as compared to any other technology. Further, the enhanced performance of TLC has boosted its adoption across various industries.
  • Based on application, the enterprises segment is expected to exhibit highest CAGR during the forecast period. The presence of huge number of small and medium enterprises along with the availability of 3D NAND, TLC, and MLC that offers high performance at lower costs have augmented the growth of this segment.

Scope of the Solid State Drive (SSD) Market Report

Report Coverage Details
Market Size USD 79.8 Billion by 2030
Growth Rate CAGR of 11% From 2021 to 2030
Largest Market North America
Fastest Growing Market Europe
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Interface, Technology, Application, Region
Companies Mentioned Intel Corporation, Micron Technology, Inc., Samsung Electronics Co., Ltd., Seagate Technology PLC, Western Digital Corporation, Toshiba, Viking, Adata, Bitmicro Networks, Kingston

Regional Snapshots

North America dominated the global solid state drive market in 2020. The rising demand for the data storage need of individuals and enterprises coupled with the demand for high speed data accessibility has fostered the growth of the solid state drive market in the region.The proliferation of 5G technology in North America will result in the rapid growth of the solid state drive market during the forecast period. The presence of various big IT players such as Google, Amazon, and Facebook augments a high demand for the solid state drive. These factors are expected to boost the growth of the market.

On the other hand, Europe is estimated to be the most opportunistic market owing to the presence of high number of small and medium enterprises in the region that fosters the demand for the solid state drives. Moreover, the rising penetration of digital platforms along with the growing adoption of consumer electronics like smartphones and laptops is expected to drive the solid state drive market in the forthcoming future.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global solid state drive (SSD) market are as follows:

  • Intel Corporation
  • Micron Technology, Inc.
  • Samsung Electronics Co., Ltd.
  • Seagate Technology PLC
  • Western Digital Corporation
  • Toshiba
  • Viking
  • Adata
  • Bitmicro Networks
  • Kingston

Segments Covered in the Report

By Interface

  • SATA
  • SAS
  • PCIe

By Technology

  • SLC
  • MLC
  • TLC
  • Others

By Application

  • Enterprise
  • Client

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Some of the key highlights of the report are:

  • Market Demand Outlook – The report offers refined forecasts on potential growth prospects for the market. Based on data derived after thorough research by a team of expert analysis, Precedence Research presents the most precise rate of growth for the market for the assessment period starting from 2021 – 2030.
  • Supply Chain Analysis – The purpose of the survey is to help companies identify potential scope for supply chain expansion. The study also presents analysis of unprecedented threats.
  • Competitive Landscape Analysis – Some of the leading companies operating in the solid state drive (SSD) market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Why should you invest in this report?

If you are aiming to enter the global solid state drive (SSD) market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for solid state drive (SSD) are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

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 (SSD) Market, By Interface

7.1. Solid State Drive (SSD) Market, by Interface Type, 2021-2030

7.1.1. SATA

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. SAS

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. PCIe

7.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Solid State Drive (SSD) Market, By Application

8.1. Solid State Drive (SSD) Market, by Application, 2021-2030

8.1.1. Enterprise

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Client

8.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Solid State Drive (SSD) Market, By Technology 

9.1. Solid State Drive (SSD) Market, by Technology, 2021-2030

9.1.1. SLC

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. MLC

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. TLC

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2017-2030)

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

10.1. North America

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

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

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

10.1.4. U.S.

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

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

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

10.1.5. Rest of North America

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

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

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

10.2. Europe

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

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

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

10.2.4. UK

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

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

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

10.2.5. Germany

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

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

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

10.2.6. France

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

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

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

10.2.7. Rest of Europe

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

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

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

10.3. APAC

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

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

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

10.3.4. India

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

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

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

10.3.5. China

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

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

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

10.3.6. Japan

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

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

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

10.3.7. Rest of APAC

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

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

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

10.4. MEA

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

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

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

10.4.4. GCC

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

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

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

10.4.5. North Africa

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

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

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

10.4.6. South Africa

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

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

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

10.4.7. Rest of MEA

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

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

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

10.5. Latin America

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

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

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

10.5.4. Brazil

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

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

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

10.5.5. Rest of LATAM

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

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

10.5.5.3. Market Revenue and Forecast, by Technology (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

11.6. Toshiba

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Viking

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Adata

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Bitmicro Networks

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Kingston

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. 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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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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