The global solid state drive market size is expected to reach around US$ 79.8 billion by 2030 from US$ 28.1 billion in 2020 and is expected to grow at an impressive double-digit rate of 11% from 2021 to 2030.
-Market-Size-2021-to-2030.jpg "Solid State Drive (SSD) Market Size 2021 to 2030")
The study includes drivers and restraints of this market. The study provides an analysis of the global solid state drive market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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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.
Report Scope of the Solid State Drive (SSD) Market
| Report Coverage | Details |
| Market Size in 2020 | USD 28.1 billion |
| Growth Rate from 2021 to 2030 | CAGR of 11% |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Companies Mentioned | Intel Corporation, Micron Technology, Inc., Seagate Technology PLC, Samsung Electronics Co. Ltd., 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.
Why should you invest in this report?
If you are aiming to enter the global solid state drive 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 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.
Some of the prominent players in the global solid state drive market include:
- Intel Corporation
- Micron Technology, Inc.
- Samsung Electronics Co., Ltd.
- Seagate Technology PLC
- Western Digital Corporation
- Toshiba
- Viking
- Adata
- Bitmicro Networks
- Kingston
Market Segmentation:
By Interface
- SATA
- SAS
- PCIe
By Technology
- SLC
- MLC
- TLC
- Others
By Application
- Enterprise
- Client
Regional Analysis:
The geographical analysis of the global solid state drive market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global solid state drive Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global solid state drive market in 2030?
- What is the expected CAGR for the solid state drive market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global solid state drive market?
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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