Global Solid State Drive Market Size is estimated to expand rapidly in coming years, at a CAGR of 8.1 % from 2018 to 2025. In 2017, the global market valuation was USD 50 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Gradually, solid state drives (SSDs) emerge as preferred digital storage systems over hard disk drives (HDDs). SSDs come with countless benefits due to which they gain important market traction. Rising infiltration of the Internet, developing on the web trade industry, digitalization of everyday exercises and expanding volume of media information move are required to drive the market. The normal family's stockpiling limit is required to increment over the coming a very long time because of the notoriety of cell phones and tablets, which has enabled shoppers to produce huge volumes of advanced information and substance. Expanding the goals of pictures and motion pictures has likewise prompted the production of huge volumes of advanced information and substance. This has prompted the developing interest for adequate ability to store content. Regionally, North America region is expected to lead the global market in forecast period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global solid-state drive market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global solid-state drive market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Storage Insights: On the basis of storage, global solid-state drive market has been segmented into under 120 GB, 120GB-320GB, 320GB-500GB, 500GB-1TB, 1TB-2TB, and above 2TB. SSD storage is picking up ubiquity because of its novel execution and mechanical qualities. An SSD is costly; nonetheless, most applications run effectively on SSDs. Clients and endeavors incline toward SSDs attributable to the continually rising interest for information storage. The essential parts of a solid-state drive incorporate a controller and memory module. As of now, most SSD produces use NAND streak based memory, attributable to advantages, for example, minimal effort and non-instability, when contrasted with dynamic arbitrary access memory.

By End-User Insights: On the basis of end-user, the global solid-state drive market has been segmented into enterprise and client. A big number of business apps involve high reliability, steady uptime, high-performance storage devices, energy effectiveness, and high bandwidth. In a company, SSDs address all of these needs. Expanding the appropriation of strong state drives in server farms is a consequence of different factors, for example, more prominent effectiveness contrasted with customary HDD stockpiling, expanded interest for capacity foundation, and headways in big business level SSD as far as unwavering quality and execution. Undertakings incline toward SSDs on the grounds that they devour less vitality, take into account a decrease in the spread, and result in a littler natural impression.

Regional Analysis

The solid-state drive market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span. The rate of supplanting hard disk drives (HDDs) with solid-state drives (SSD) is higher in North America than in different areas. Furthermore, makers of SSDs in the locale are concentrating on item separation and development to build their topographical reach and income. This will further assistance quicken interest in SSD gadgets in North America.

Asia Pacific region is expected to witness high growth in the market in forecast period. The expanding ubiquity of web-based life, the ascent in cutting edge associated gadgets, extending Information Technology (IT) spending plans, developing a requirement for high-limit storage gadgets, and taking off a number of server farms are relied upon to drive the SSD showcase over the Asia Pacific. An expanding number of PC and cell phone clients, developing the interest for cutting edge figuring frameworks, rising interest for on-location stockpiling frameworks, and flourishing distributed computing and huge information advertises additionally drive the territorial market. Europe is anticipated to dominate the global solid-state drive market over the projected period. The developing notoriety of the benefits of solid-state drives over HDDs is relied upon to lift interest for the previous over the gauge time frame, especially in the European local market.

Global Solid State Drive Market Size, Share Analysis by Region 2017

Global Solid State Drive Market Study Objective

1. To forecast the market size of solid state drive market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of solid state drive market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of solid state drive market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of solid state drive market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the solid state drive market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Samsung Electronics Co. Ltd., Toshiba Corporation, Micron Technology Inc., Intel Corporation, SanDisk Corporation, OCZ Storage Solutions, Western Digital Corporation, Seagate Technology PLC, Transcend Information Inc., and Lite-on Technology Corporation are some of the key players in the market of solid state drive.

Global Solid State Drive Market Study Report Offer You!

The global solid state drive market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.