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Future trends of Solid State Drives Market

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solid state drives (SSDs) market was valued at USD 13.29 Billion in 2015 and is expected to grow at a CAGR of 9.5% between 2016 and 2022. – PowerPoint PPT presentation

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Title: Future trends of Solid State Drives Market


1
MarketsandMarkets Presents
Solid State Drives Market worth 25.30 Billion
USD by 2022
http//www.marketsandmarkets.com/Market-Reports/so
lid-state-drives-market-75076578.html
2
  • According to the new market research
    report "Solid State Drives Market by Capacity,
    Interface (SATA, SAS, PCIe), End User
    (Enterprise, Client), Application (Data Centers,
    Desktop PCs, Notebooks/Tablets, Entertainment
    Devices, Video Storage), and Region - Global
    Trend and Forecast to 2022", the solid state
    drives market is expected to reach USD 25.30
    Billion by 2022, at a CAGR of 9.5 between 2016
    and 2022. Factors such as proliferation of cloud
    computing, advantages of SSDs over HDDs, increase
    in the number of data centers, and rising big
    data applications are driving the growth of the
    solid state drives market.
  • Browse 69 tables and 63 figures spread through
    143 Pages and in-depth TOC on "Solid State Drives
    Market - Global Trend and Forecast to
    2022"http//www.marketsandmarkets.com/Market-Repo
    rts/solid-state-drives-market-75076578.htmlEarly
    buyers will receive 10 customization on reports.

3
  • SATA interface is expected to lead the solid
    state drives market during the forecast period
  • SATA is expected to account for the highest share
    of the solid state drives market during the
    forecast period. The old desktop PCs support only
    the SATA interface for upgrading to SSDs from
    HDDs, which is expected to drive the growth of
    the market for SSDs with SATA interface. Further,
    lower pricing of SATA than that of SAS and PCIe
    interfaces is also contributing to the growth of
    this market.
  • The market for SSDs with PCIe interface is
    expected to grow at the highest CAGR between 2016
    and 2022
  • The market for SSDs with PCIe interface is
    expected to grow at the highest CAGR during the
    forecast period. This growth can be attributed to
    the advantages of PCIe, which include high speed,
    enhanced performance scaling, and detailed error
    detection reporting. Thus, the demand for SSDs
    with PCIe interface is expected to increase from
    the client as well as enterprise end users.

4
  • APAC is expected to witness a rapid growth
    during the forecast period
  • The SSDs market in APAC is expected to grow at
    the highest CAGR between 2016 and 2022. This
    growth can be attributed to the high IT
    infrastructure expenditures in countries such as
    China, South Korea, India, and Taiwan. In
    addition, the expanding customer base of
    companies in APAC that provide SSDs and growth in
    the consumer electronics (such as
    notebooks/laptops, tablets, and desktop PCs)
    market are contributing to the growth of the SSDs
    market in this region.
  • The key players involved in the development of
    solid state drives include Intel Corp. (U.S.),
    Micron Technology, Inc. (U.S.), Samsung
    Electronics (South Korea), SanDisk Corp. (U.S.),
    Toshiba Corp. (Japan), Lite-On Technology Corp.
    (Taiwan), Microsemi Corp. (U.S.), Seagate
    Technology plc (Ireland.), Hitachi Global Storage
    Technology (HGST) Inc. (U.S.), and Kingston
    Technology Corp. (U.S.).
  • This research report categorizes the global solid
    state drives market based on capacity, interface,
    end user, application, and region. It describes
    the drivers, restraints, opportunities, and
    challenges with respect to the solid state drives
    market. The Porters five forces analysis has
    also been included in the report with a
    description of each of its forces and their
    respective impact on the solid state drives
    market.

5
About MarketsandMarkets
MarketsandMarkets is a global market research and
consulting company based in the U.S. We publish
strategically analyzed market research reports
and serve as a business intelligence partner to
Fortune 500 companies across the
world. MarketsandMarkets also provides
multi-client reports, company profiles,
databases, and custom research services. They
cover thirteen industry verticals, including
advanced materials, automotives and
transportation, banking and financial services,
biotechnology, chemicals, consumer goods, energy
and power, food and beverages, industrial
automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT. We at
MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository.
6
Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441Email sales_at_marketsandmarket
s.com MarketsandMarkets Bloghttp//twitter.com/m
arketsmarkets
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