Solid-State Drives Market Scope
Solid-state drives market is expected to increase due to the rapidly increasing cloud platforms and technical advancements in solid-state storage such as new interfaces such as PCIe, NVMe, and others. a solid-state drive is a storage device that uses integrated circuit assemblies to store data persistently, typically using flash memory, and functioning as secondary storage in the hierarchy of computer storage.
The market study is being classified, by Application (Data Centers, Desktop PCs and Notebooks/Tablets) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Solid-State Drives market throughout the predicted period.
Samsung (South Korea), Intel (United States), Western Digital (United States), Micron (United States), Toshiba (Japan), Viking (United States), Adata (Taiwan), Foremay (United States), BiTMICRO Networks (United States) and Crossbar (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Kingston Technology Corporation (United States), Lite-On Technology Corporation (Taiwan) and Transcend Information Inc.(Taiwan).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Solid-State Drives market by Type, Application and Region.
On the basis of geography, the market of Solid-State Drives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In April 2019, Intel introduced Intel Optane Memory H10 with solid-state storage that combines the responsiveness of Intel Optane technology with the storage capacity of Intel Quad Level Cell (QLC) 3D NAND technology in an M.2 form factor., and In March 2019, Western Digital Corp. is accelerating the NVMe transition of value-PC storage by adding an NVMe model to its WD Blue solid-state drive (SSD) portfolio, the WD Blue SN500 NVMe SSD. The new SSD delivers three-times the performance of its SATA counterpart while maintaining the reliability of the WD Blue product line.
Market Trend
- Technical Advancements in the Solid-State Storage such as Solid-state Drives with New Interfaces such as PCIe, NVMe, and Others
Market Drivers
- Increasing Penetration of High-End Cloud Computing
- Growing Adoption of SSDS in Data Center
Opportunities
- Growing Adoption of SSDS in Tablets and Notebooks
- Growth of 5G Technology in both Developed and Developing Countries
Restraints
- High Cost and Smaller Life Span of Disk
Challenges
Key Target Audience
Companies in the SSD, Companies involved in the ecosystem of memory and storage businesses, Potential Investors, Analysts and strategic business planners and Research and consulting firms
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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