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Global Solid State Drive (SSD) Market Growth 2023-2029

Global Solid State Drive (SSD) Market Growth 2023-2029

Product Code:455943

Published Date: Feb 08,2023

Pages: 102

Region: Global

Category: Electronics & Semiconductor

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A solid-state drive (SSD) is a solid-state storage device that uses integrated circuit assemblies as memory to store data persistently.

Enterprises prefer SSDs because they consume less energy, allow for reduction in sprawl, and result in a smaller environmental footprint.

LPI (LP Information)' newest research report, the “Solid State Drive (SSD) Industry Forecast” looks at past sales and reviews total world Solid State Drive (SSD) sales in 2022, providing a comprehensive analysis by region and market sector of projected Solid State Drive (SSD) sales for 2023 through 2029. With Solid State Drive (SSD) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solid State Drive (SSD) industry.

This Insight Report provides a comprehensive analysis of the global Solid State Drive (SSD) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solid State Drive (SSD) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Solid State Drive (SSD) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solid State Drive (SSD) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solid State Drive (SSD).

The global Solid State Drive (SSD) market size is projected to grow from US$ 16590 million in 2022 to US$ 25150 million in 2029; it is expected to grow at a CAGR of 25150 from 2023 to 2029.

Global Solid State Drive (SSD) key players include SAMSUNG, SanDisk/WDC, Toshiba, SK Hynix, Intel, etc.Global top five manufacturers hold a share over 75%.

Asia Pacific is the largest market, with a share over 45%, followed by Europe, and North America, both have a share over 45 percent. 
In terms of product, (320-500)GB is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Client, followed by Enterprise.

This report presents a comprehensive overview, market shares, and growth opportunities of Solid State Drive (SSD) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Below 120GB
    (120-320)GB
    (320-500)GB
    500GB-1TB
    (1-2)TB
    Above 2TB

Segmentation by application
    Enterprise
    Client

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SAMSUNG
    SanDisk/WDC
    Intel
    Toshiba
    Micron
    SK Hynix
    Kingston
    Lite-On
    Transcend
    ADATA

Key Questions Addressed in this Report
What is the 10-year outlook for the global Solid State Drive (SSD) market?
What factors are driving Solid State Drive (SSD) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solid State Drive (SSD) market opportunities vary by end market size?
How does Solid State Drive (SSD) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?